- US indices traded higher yesterday - S&P 500 gained 0.42%, Dow Jones added 0.43% and Nasdaq jumped 0.54%. Small-cap Russell 2000 gained over 1%
- Indices from Asia-Pacific traded higher today - Nikkei gained 1.1%, S&P/ASX 200 traded 0.8% higher, Kospi gained 0.4% and Nifty 50 advanced 0.7%
- Indices from China traded 0.2-2.0% higher today
- DAX futures point to a higher opening of the European cash session today
- Financial markets are slowly emerging from Christmas lull, but trading ranges on the FX market remain narrow
- AUD and GBP are the best performing G10 currencies, while JPY and USD lag the most
- Precious metals trade mixed - gold drops 0.1%, silver trades 0.2% lower, platinum gains 0.2% and palladium surges 2%
- Major cryptocurrencies trade slightly higher - Bitcoin and Dogecoin gain 0.2%, while Ethereum trades 0.1% higher. Ripple drops 0.2%
- Oil is trading slightly higher as the situation in the Middle East remains tense. Brent is trading 0.3% higher and approaches $81 area
- United States launched strikes on targets in Iraq in retaliation for a drone attack by an Iranian-linked armed group. Yemen-based Houthi rebels continue to attack commercial ships in the Red Sea
- Chinese industrial profits were 29.5% YoY higher in November, up from 2.7% YoY in October
- Goldman Sachs expects US PCE core inflation to drop to around 2% by US spring
- Summary of Opinions from Bank of Japan December meeting showed that BoJ members still have concerns and are in no hurry to pivot policy
Oil continues to gain amid rising tensions in the Middle East and more frequent Houthi attacks on ship in the Red Sea. Brent (OIL) trades near monthly highs and approaches $81 area. Source: xStation5
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile appThe 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.
