-
US indices finished yesterday's session with big gains, led by tech sector. Nasdaq rallied 2.15%, Dow Jones added 1.45% and S&P 500 jumped 1.61%. Small-cap Russell 2000 added 2.04%
-
Stocks in Asia traded higher, although ranges were much smaller. Nikkei gained 0.9%, S&P/ASX 200 and Kospi added 0.1% each while indices from China traded lower
-
DAX futures point to a higher opening of the European cash session
-
People's Bank of China left loan prime rates unchanged at a meeting today. Chinese central bank was expected by some to cut rates in order to support pandemic-hit economy
-
USDJPY jumped above 129.00. Bank of Japan intervened on the bond market today, buying unlimited amounts of 10-year bonds, but it provided only a small relief
-
API report pointed to a 4.5 million barrel drop in US oil inventories (exp. +2.5 mb)
-
Netflix (NFLX.US) plunged over 20% in the after-hours trading, following release of Q1 2022 earnings report. Subscriber base shrank by 200 thousand, marking the first drop in overall users in more than a decade. Drop was led by a loss of 700 thousand subscribers from Russia as company suspended services in the country
-
IBM (IBM.US) gained 1.5% in the after-hours trading after reporting almost 8% YoY revenue jump in Q1 2022, to $14.2 billion (exp. $13.85 billion). Net income from continuing operations increased 64% YoY. EPS reached $1.40 (exp. $1.38)
-
Cryptocurrencies trade mixed. Ethereum drops below $3,100 (-0.2%) while Bitcoin approaches $41,500 (+0.3%)
-
Oil is trading higher. WTI broke above $103 per barrel while Brent jumped above $108
-
Precious metals are trading lower. Palladium is an exception as it trades 1.3% higher
-
AUD and NZD are the best performing major currencies while USD and CHF lag the most
US indices gained yesterday, led by the tech sector. However, US100 started to underperfom after the close of Wall Street session as Netflix earnings hit sentiment towards techs. Index pulled back from a key 14,215 resistance zone, marked with upper limit of market geometry and 200-hour moving average (purple line). 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.
