Morning wrap (13.08.2021)

8:27 am 13 August 2021

  • US indices finished yesterday's trading mostly higher. S&P 500 gained 0.30%, Dow Jones added 0.04% and Nasdaq moved 0.35% higher.  Russell 2000 dropped 0.25%
  • Mixed moods could have been spotted during the Asian session. Nikkei and S&P/ASX 200 gained, while Kospi and indices from China traded lower
  • DAX futures point to a lower opening of the European session
  • FDA approved COVID-19 vaccine booster shots for people with weakened immune systems
  • China's Ningbo airport has suspended inbound and outbound flights to the capital Beijing from August 11th due to the rising number of new COVID-19 cases
  • China shuts terminal at Ningbo-Zhoushan port after COVID case
  • South Korea's Premier ask people not to travel this weekend due to worsening pandemic situation
  • New Zealand  BusinessNZ manufacturing PMI for July: 62.6 (previous 60.7)
  • Disney reported upbeat fiscal third-quarter earnings, beating analysts' estimates on subscriber growth, revenue and earnings. The company said its total addressable market is 1.1 billion households across the globe
  • Bitcoin trades slightly below the $45,000 area
  • Precious metals gain while oil pull back slightly
  • USD and CAD are the best performing major currencies while CHF and AUD lag the most

GBPUSD pair fell sharply during yesterday's session, however buyers managed to halt declines around support at 1.3805 which is marked with the lower limit of the 1:1 structure and lower limit of the descending channel. Source: xStation5

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