-
US indices finished yesterday's trading mostly lower. S&P 500 dropped 0.38%, Dow Jones moved 0.50% lower and Russell 2000 declined 0.39%. Nasdaq was outperformer as it gained 0.18%
-
Moods improved slightly during the Asian session following release of better-than-expected data from China. Nikkei, S&P/ASX 200 and Kospi traded lower but indices from China rallied
-
DAX futures point to a flat opening of the European cash session today
-
Chinese industrial production increased 0.7% YoY in May (exp. -0.6% YoY), retail sales were 6.7% YoY lower (exp. -7.2% YoY) and urban investments increased 6.2% YoY (exp. 6.1% YoY)
-
European Central Bank will hold an ad hoc meeting of the governing council today. Goal is to discuss current market conditions. EUR jumped on the news
-
According to Reuters report, Scotland is preparing to hold a new independence referendum
-
Australian boosted minimum wage by 5.2%
-
API report pointed to a 0.74 million barrel build in US oil inventories (exp. -1.2 mb)
-
Cryptocurrencies remain under pressure. Bitcoin drops over 1.5% and trades near $21,000 while Ethereum drops over 4% and trades slightly above $1,100
-
Oil is trading slightly higher this morning. Brent gains 0.5% and trades above $121.50 per barrel
-
Precious metals gain. Platinum is a top performer (+0.9%), followed by silver (+0.8%)
-
EUR and AUD are the best performing major currencies while USD and CAD lag the most
EURUSD jumped this morning following news of an emergency ECB meeting. An ad hoc meeting will be held today to discuss current market conditions. The meeting is expected to be more related to sell-off in European bonds rather than interest rates. Main currency pair is testing the upper limit of a recent short-term trading range. xSource: 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.
