- US indices finished yesterday's trading significantly lower with all major Wall Street indices losing over 1%. S&P 500 dropped 1.20%, Dow Jones fell 1.10% and Nasdaq moved 1.35% lower. Small-cap Russell 2000 plunged 1.57%
-
Indices from Asia-Pacific traded mostly lower. Nikkei and S&P/ASX 200 fell around 1.10% and 0.90% respectively, Kospi dropped 1.6%. Chinese indices traded mostly lower amid worries over the prospects economic growth following new covid infections
-
DAX futures point to a lower opening of the European cash session
-
The US announced that it will require air passengers from China to show a negative covid test.
-
Italy will take a similar approach after almost half of passengers on two flights from China to Milan tested positive. Italy urges other EU countries to act in the same manner.
-
The BOJ conducted two additional rounds of unscheduled bond-purchase operations Thursday
-
South Korean industrial output rose 0.4% MoM in November and snapped 4 month losing streak
-
API data showed a second consecutive draw in US oil inventories.
-
Major cryptocurrencies trade higher today despite negative sentiment. Bitcoin gains 0.5%, while Ethereum rose 0.65%
-
Energy commodities trade lower - Brent and WTI fell around 0.60% while US natural gas prices dropped 1.0%
-
Precious metals trade higher - silver jumped 1.0%, gold gains 0.3%
-
JPY and NZD are the best performing major currencies while USD and AUD lag the most
US500 fell sharply yesterday amid renewed covid fears and is approaching major support at 3800 pts. Should break lower occur, downward move may deepen towards next support at 3600 pts or even October lows at 3500 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.
