-
In spite of launching yesterday's session higher, US indices finished the day lower. S&P 500 dropped 1.10%, Dow Jones moved 0.96% lower and Nasdaq declined 1.12%. Russell 2000 dropped 1.45%
-
Indices from the Asia Pacific traded without a common direction today. Nikkei and S&P/ASX 200 dropped, Kospi gained while indices from China traded mixed
-
DAX futures point to a slightly higher opening of the European cash session today
-
Gas flows from Russia to Europe were halted as a 3-day maintenance of the only remaining Nord Stream gas turbine begins
-
Russian Gazprom said that it will completely halt gas supplies to French Engie starting from September 1, 2022 due to dispute over payments and will not resume them until dispute is resolved. France said that it is ready to Russian gas cutoff
-
Leadership congress of Chinese Communist Party during which Xi Jinping is expected to be awarded third term in power will begin on October 16, 2022
-
Official Chinese manufacturing PMI ticked higher in August from 49.0 to 49.4 (exp. 49.3) while the non-manufacturing index dropped from 53.8 to 52.6 (exp. 52.3)
-
Australian private sector credit increased 0.7% MoM in July (exp. 1.0% MoM)
-
Japanese industrial production increased 1.0% MoM in July (exp. -0.5% MoM)
-
API report pointed to a 0.59 million barrel build in US oil inventories (exp. -0.7 mb)
-
Oil is trading slightly higher after yesterday's steep declines. Price drop was triggered by Iraq saying that it is ready to increase exports to Europe as well as by unconfirmed reports that US-Iran deal could be signed with 2-3 weeks
-
Precious metals benefit on US dollar weakness. Silver gains 0.5%, platinum trades 0.9% higher while gold trades flat
-
AUD and GBP are the best performing major currencies while USD and CHF lag the most
Oil prices plunged yesterday amid some more positive media reports on crude supply. Brent (OIL) pulled back from the $103.50 resistance zone. Drop was halted by the $98 support zone. 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.
