CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Morning wrap

05:30 14 October 2020
  • US indices finished yesterday's trading with moderate losses. Dow Jones dropped 0.55%, S&P 500 declined 0.63% and Nasdaq closed 0.10% lower. Russell 2000 dropped 0.61%

  • Downbeat moods can be spotted on the Asian markets. S&P/ASX 200 declines 0.3%, Kospi drops 0.9% and Nifty trades 0.6% lower. Nikkei trades flat. Indices from China decline

  • DAX futures point to a slightly lower opening of the European session

  • Republicans proposed a $500 billion stimulus deal but Democrats are reportedly against lowering their demands

  • Coronavirus vaccine trial of Eli Lilly was paused due to safety concerns

  • Netherlands agreed on a partial lockdown of the country. Media suggest that United Kingdom may decide on a 2-week lockdown as well

  • Bloomberg reports that no progress was made in the EU-UK talks this week

  • Saudi Crown Prince Salman and Russian President Putin will urge OPEC+ not to ease output cuts

  • Chinese President Xi said that development of Mainland China will be integrated with Hong Kong and Macao

  • Japanese industrial production increased 1% MoM in August (exp. +1.7% MoM)

  • Precious metals advance amid risk-off moods. Oil and industrial metals decline

  • AUD and NZD are top moving major currencies while GBP and CHF lag the most

Over 310 thousand new coronavirus cases were reported yesterday. Source: worldometers, XTB

This content has been created by X-Trade Brokers Dom Maklerski S.A. This service is provided by X-Trade Brokers Dom Maklerski S.A. (X-Trade Brokers Brokerage House joint-stock company), with its registered office in Warsaw, at Ogrodowa 58, 00-876 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. X-Trade Brokers Dom Maklerski S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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