- US indices finished yesterday's session sharply higher despite the hotter-than-expected US CPI data. The S&P 500 and Nasdaq rose 2.60% and 2.23%, respectively. Dow Jones and Russell 2000 closed higher, posting gains of 2.83% and 2.41%, respectively.
-
Indices from Asia-Pacific traded higher today. Nikkei jumped 3.30% and Kospi ticked 2.15% higher while S&P/ASX 200 rose 1.70%. Indices from China also recorded gains.
-
DAX futures point to a higher opening of the European cash session today
-
China September CPI 2.8% y/y, in line with expectations
-
PBoC Governor Yi says will accelerate implementation of prudent monetary policy
-
BOJ Gov Kuroda said given Japan's economic and price conditions, increasing interest rates now would be wrong
-
The lifespan cap on nuclear reactors in Japan may be lifted, according to local media.
-
Twitter announced that Elon Musk is being investigated by federal authorities
-
New Zealand finance minister Robertson said New Zealand needs to diversify trade away from China
-
Export Prices in South Korea increased by 15.2% yoy and 3.2% mom, while import prices increased 24.1% yoy and 3.3% mom.
-
Cryptocurrencies are trading higher today. Bitcoin rose 2.4% and approaches $19,800 mark while Ethereum adds 2.6% and tested $1,340 area
-
Energy commodities are trading little changed. Brent trades around $94.60 and WTI is testing $88.00 level.
-
Precious metals are trading higher with gold and silver adding 0.2% and 0.70% respectively amid a weaker dollar.
-
AUD and NZD are the best performing major currencies while GBP and JPY lag the most
USDJPY continues to move higher as Japanese officials did not confirm, or deny, whether yesterday's sharp move was intervention. Pair is approaching the upper limit of the ascending channel, which manned to halt declines yesterday. 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.
