- US indices finished yesterday's session lower. S&P 500 dropped 1.13%, Dow Jones moved 1.01% lower while Nasdaq fell 0.95%. Russell 2000 plunged 1.36%
-
Indices from Asia-Pacific also traded lower today. Nikkei fell 1.25%, S&P/ASX 200 lost 1.6% while Kospi dropped 0.90%. Indices from China traded lower.
-
DAX futures point to a slightly higher opening of the European cash session
-
JP Morgan expects tat FED will raise interest rates by 75bp today, target rate of 4.25% by Feb23
-
Asian Development Bank lowered China growth outlook for 2022 to 3.5% from 5.0% estimate in April
-
Chinese authorities implement a lockdown in Tangshan city, which is a major steel producer.
-
RBA Deputy Governor Michelle Bullock said central will report a substantial loss in its 2021/22 annual account and be in negative equity for the period due to its massive bond-buying program. She also mentioned that policy rate level is not yet restrictive
-
Reuters' latest poll shows that economists do not think that Japan will intervene to stem the decline in the yen
-
API survey showed 1,035 million barrels build, below market expectations of a 2.321-million-barrel increase
-
Putin further delays his speech to the nation, while German Chancellor Olaf Scholz said Putin needs to recognize that he can’t win the war, according to a report from Reuters.
-
Cryptocurrencies are trading higher today. Bitcoin rose 1.4% and Ethereum jumped 2.6%
-
Oil prices rose 0.30%. WTI trades near $84.20 per barrel while Brent is testing $90.90 mark
-
Slightly upbeat moods prevail on the precious metals market. Gold trades 0.10% higher and silver gains 0.60%
-
USD and CAD are the best performing major currencies while AUD and JPY lag the most
US2000 once again managed to defend a major support zone around 1790 pts. 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.
