-
Asia-Pacific indices are recording a mixed session at the start of the week. Japan's Nikkei loses as much as 2.20%, Australia's S&P/ASX 200 is trading 1.10% lower and indices from China gain between 1.40-1.60%.
-
European index futures point to a lower opening of the cash session on the Old Continent.
-
In the forex market, we do not see much change in the first part of the day, with most forex rates fluctuating between +-0.20%. The weakest currency in the first part of the day is the Australian dollar AUD. In contrast, the New Zealand dollar is the strongest one.
-
Japan's economy grew at an annualized rate of 0.4% in the October-December quarter from the previous quarter, better than the preliminary estimate of a 0.4% decline, government data showed on Monday.
-
On a quarter-on-quarter basis, GDP grew by 0.1%, compared to an initial decline of 0.1% and the median forecast of 0.3% growth.
-
The US armed forces said that at least 28 unmanned aerial vehicles (UAVs) were shot down over the Red Sea early Saturday.
-
Along with coalition forces from France and the UK, the US said it had taken action after determining that "large-scale" Houthi attacks "posed a direct threat to commercial vessels".
-
Ni Hong, Minister of Housing and Urban and Rural Development, said at a press conference on Saturday that companies that are insolvent or unable to operate must cease operations or be restructured.
-
Ni Hong says authorities have a difficult task this year to stabilise the stricken property industry.
-
The head of the Japan Business Federation, Masakazu Tokura, believes that more momentum is being felt for wage increases at this year's talks compared to last year. Therefore, there is a high probability that the BOJ will normalise monetary policy in the near future. However, it is uncertain whether this will happen as early as March.
-
The cryptocurrency market is seeing a pullback. Bitcoin is losing 0.65% to US$68500, Ethereum 1.40% to US$3800 and the altcoin market is losing even more at 1.20%.
-
Cryptocurrencies gained over the weekend, with Bitcoin approaching the USD 70000 level again, but there was a slight correction in the first part of the day of the new week.
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.