- Wall Street indices finished yesterday's trading higher, after recovering losses from the beginning of the session. S&P 500 gained 0.26%, Dow Jones added 0.18%, Nasdaq moved 0.35% higher and small-cap Russell 2000 traded 0.25% up
- Indices from Asia-Pacific traded mixed today - Nikkei gained 0.3%, S&P/ASX 200 dropped 1.3%, Kospi traded 0.5% higher and Nifty 50 added 0.3%. Indices from China traded 0.5-1.7% lower
- Index futures point to a flat or slightly higher opening of today's cash session for blue chips indices from the Old Continent
- News flow during the Asia-Pacific session was very light, and it looks like markets are slowly getting into a 'wait-and-see' mode ahead of tomorrow's US CPI release and FOMC rate decision
- North Korean soldiers have briefly cross into South Korean territory on Sunday, June 9. However, South Korea said that the intrusion wasn't intentional and no action was taken in response
- Reuters reports that major Chinese state-owned banks intervened on the onshore FX market by selling US dollar in order to support yuan
- UBS retains its forecast of 2 Fed rate cuts this year, with the first one coming in September, and stressed that even recent strong job numbers are unlikely to cause Fed to think about the possibility of hiking rates
- According to Reuters report, the European Commission is likely to announce tariffs on Chinese electric vehicles this week
- Reuters reports that Vietnam authorities are expected to loosen gold import rules by summer and allow companies to import gold for the first time since 2012
- Major cryptocurrencies are pulling back - Bitcoin drops 2.4%, Ethereum trades 3% lower and Dogecoin declines 2.1%
- Energy commodities trade mixed - oil drops 0.7%, while US natural gas prices climb 1.5%
- Precious metals are pulling back - gold drops 0.4%, silver trades 1.9% lower, while platinum and palladium decline around 1.5% each
- EUR and GBP are the best performing G10 currencies, while JPY, CHF and AUD lag the most
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.
