-
US indices rallied yesterday after Fed Chair Powell sent a rather dovish message during a press conference. S&P 500 gained 1.05%, Nasdaq moved 2.00% higher and Russell 2000 added 1.49%. Dow Jones traded flat
-
FOMC delivered a 25 basis point rate hike, in-line with expectations. Powell noted that disinflationary process has begun
-
EURUSD jumped above 1.10 mark for the first time since April 2022, following the decision. Gold price moved above $1,950 handle
-
Morgan Stanley now expects Fed to pause its rate hike cycle in March while BlackRock expects slow and steady rate hikes as there is more work to do on inflation. Money markets see a 25 bp rate hike in March, after which rates would peak
-
Indices from Asia-Pacific trade mostly higher today. Nikkei gained 0.2%, S&P/ASX 200 added 0.1%, Kospi traded 0.7% higher while Nifty 50 dropped 0.2% and indices from China traded mixed
-
DAX futures point to a higher opening of the European cash session today
-
Australian building approvals increased 18.5% MoM in December (exp. 1.1% MoM)
-
New Zealand building permits for December slumped 7.2% MoM
-
South Korean CPI came in at 0.8% MoM in January (exp. 0.5% MoM)
-
Meta Platforms rallied 20% in the after-hours trading, following the release of Q4 2022 earnings. Company reported revenue at $32.17 billion (exp. $31.53 billion) and EPS at $1.76. Number of daily active users reached 2.00 billion (exp. 1.99 billion). Meta also announced a $40 billion stock buyback
-
Cryptocurrencies are trading mostly higher today. Bitcoin gains 0.2%, Ethereum adds 1.8% and Binanceoin rallies almost 4%
-
Oil and natural gas are trading around 0.2% higher on the day
-
Precious metals benefit from USD weakening. Silver, platinum and palladium gain 0.5-0.6% while gold trades 0.1% higher
-
NZD and JPY are the best performing major currencies while CAD and USD lag the most
Nasdaq-100 (US100) rallied after yesterday's FOMC decision and managed to break above the 12,150 pts resistance zone. The index is now trading at the highest level since mid-September 2022. Source: xStation5
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 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. XTB 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.
