- Tuesday's trading session on Asian markets was relatively calm, mainly due to the effect of talks at the White House.
- There have been many comments regarding the conditions, possibilities, and dates for further peace talks between Ukraine and Russia, with mediation by the US and financial support from the European Union. At this point, however, it seems that further progress in the negotiations is frozen until either Russia or Ukraine abandons its main conditions for signing a ceasefire (maintaining the pre-war borders (Ukraine) and the absolute absence of foreign troops on Ukrainian territory (Russia)).
- The security guarantees discussed by the US, Ukraine, and the EU are to be presented in detail within the next 10 days. Crucially, however, the NATO secretary general emphasized that the issue of troop deployment on the ground was not discussed at all.
- Before the opening of the cash session in Europe, the main futures contracts on European and US indices are losing value. DE40 is currently down 0.15%, while US500 is losing 0.17%.
- S&P maintained the US rating at AA+/A-1+ with a stable outlook, citing high deficits and rising debt, but not expecting a sustained deterioration.
- The macro calendar for today's session remains relatively empty. Investors' attention will turn to CPI data from Canada, corporate news, and any new geopolitical developments.
- Gold is regaining some ground today, which is a direct result of a slight rebound in the EURUSD pair. The dynamics of movements on the Forex market are currently very low, although the Japanese yen is performing relatively well, while the Australian dollar is seeing greater losses.
- Major energy commodities are losing value. Natural gas is down 1.14% and continues to decline following new weather forecasts that indicate lower demand for the commodity due to cooler temperatures.
- The crypto market is also dominated by declines this morning. BTC is down 1.2%, while Ethereum is down 2.4%.
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.