-
US indices finished yesterday's trading higher. It was the third consecutive day of gains on Wall Street. S&P 500 gained 0.56%, Dow Jones added 1.02% and Nasdaq moved 0.49% higher
-
US midterms elections are behind us but we will have to wait for full results. Early results and estimates suggest that Democrats will retain control over the Senate. Republicans are seen as getting majority in the House of Representatives
-
No major moves can be seen on the markets in response to those early projected results as split power in Congress is an outcome that was expected prior to elections
-
Indices from Asia-Pacific traded mixed today. Nikkei, Nifty 50 and indices from China dropped while S&P/ASX 200 and Kospi gained
-
DAX futures point to a slightly lower opening of the European cash session today
-
Telegraph reports that UK Prime Minister Sunak may raise an income tax rate for the top earners
-
FedEx, a major US shipping company, said that it expects lower demand as demand trends reversed faster than expected. Company said that it had to defer a number of projects and cut vendor headcount
-
Chinese CPI inflation decelerated from 2.8 to 2.1% YoY in October (exp. 2.4% YoY). PPI inflation came in negative at -1.3% YoY (exp. -1.6% YoY)
-
API report on US oil inventories pointed to a 5.62 million barrel build (exp. +1.1 mb)
-
Overall, cryptocurrencies calmed after yesterday's rout but major coins continue to trade lower. Bitcoin drops 0.2%, Ethereum trades 1.1% lower and Ripply drops 2.5%
-
Oil is trading a touch higher while precious metals decline slightly
-
USD and JPY are the best performing major currencies while NZD and AUD lag the most
Bitcoin briefly dropped below the $18,000 mark and retested lows from late-June. The coin bounced off the daily lows and recovered. However, it is trading more or less flat on the day. Source: xStation5
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
