-
Wall Street indices ended yesterday's session with declines after higher CPI data - both the S&P 500 and Nasdaq 100 lost about 1.50%.
-
Indices from Asia and the Pacific were mainly higher today - Nikkei rose by 0.20%, Australian S&P/ASX 200 closed 0.90% higher, and indices from China are growing between 0.25-1.00%.
-
Futures contracts on European indices indicate a slightly higher opening for the cash session in the Old Continent.
-
In the forex market, no major changes are observed in the first part of the day. The USD dollar has slowed its growth and has even slightly lost so far.
-
Japanese Finance Minister Suzuki and his Deputy Minister of Finance for International Affairs Kanda provided comments today related to the recent decline in the yen's value. However, the politicians' comments did not exert significant pressure for strengthening, and the USDJPY rate remains above the 150,000 level.
-
Japanese Finance Minister Shunichi Suzuki refused to comment on the rapid weakening of the JPY in the market and possible BoJ intervention. However, the official noted that the ministry is closely monitoring every movement in the forex market.
-
"Recent yen movements have been quite sharp," said Deputy Finance Minister for International Affairs Masato Kanda to reporters on Wednesday. The politician noted that some of the recent sharp movements are consistent with fundamentals, but some are clearly speculative and undesirable.
-
In the cryptocurrency market, we can notice a slight rotation of capital from Bitcoin to smaller projects. Bitcoin remains at the 49700 USD level, while both Ether (+0.20%) and Altcoins (+0.30%) are gaining.
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.
