-
US indices declined yesterday. S&P 500 dropped 0.66%, Nasdaq declined 0.8% and Dow Jones closed 0.58% lower. Russell 2000 dropped 0.65%
-
Downbeat moods can be spotted during the Asian session. Nikkei trades 0.6% lower, Kospi declines 1% and Nifty drops 0.3%. S&P/ASX 200 gains 0.5%. Indices from China decline
-
DAX futures point to a lower opening of the European session
-
US Treasury Secretary Mnuchin confirmed that getting stimulus bill done ahead of elections will be difficult
-
Angela Merkel said that Germany will take measures if virus spread does not ease in 10 days
-
Australian dollar plunged following remarks from the RBA Chief. Governor Lower said that it is possible to cut interest rates to as low as 0.1%
-
Fed's Quarles said that costs of negative rates would outweigh benefits. Fed's Kaplan said that keep low rates may encourage people to take excessive risk
-
Nomura, Deutsche Bank and others say that chance of a no-deal Brexit has dropped to around 20-25% after UK announced it will not walk away from talks
-
China accuse United States of undermining peace and stability in the Taiwan Strait
-
Australian employment declined 29.5k in September (exp. -35k) while unemployment rate increased from 6.8 to 6.9%
-
Chinese CPI inflation slowed from 2.4 to 1.7% YoY in September. PPI dropped from -2% to -2.1% YoY
-
AUD and NZD are top laggards among majors while CHF and GBP gain the most. Most EM currencies trade lower against USD
-
Precious metals pull back slightly. Oil trades flat. Industrial metals decline.
A record 381 thousand new coronavirus cases were reported yesterday. Source: worldometers, XTB
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.
