CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% 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. 79% 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. 79% 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 (07.04.2021)

06:50 7 April 2021
  • US indices finished yesterday's trading lower. S&P 500 dropped 0.10%, Dow Jones slipped 0.29%, Nasdaq finished 0.05% lower and Russell 2000 moved 0.25% lower

  • Stocks in Asia traded mixed. Nikkei, S&P/ASX 200 and Kospi gained while indices from China moved lower

  • DAX futures point to a flat opening of the European session

  • Biden said that he will respect Fed's independence and won't tell central bankers what to do

  • Negotiations between Iran and other member countries of the nuclear agreement were constructive. Working groups will be made to continue cooperation

  • Japanese Prime Minister Suga said that snap elections before the end of third quarter are a possibility

  • Study from People's Bank of China shows that China should establish an onshore yuan futures market

  • API report pointed to 2.62 million barrel draw in oil inventories (exp. -1.1 mb)

  • Bitcoin trades near $57,500

  • Precious metals and industrial metals trade lower. Oil and agricultural goods gain

  • EUR and CHF are the best performing major currencies while CAD and AUD underperformed the most

New Covid-19 cases are slowly reapproaching peak from December 2020 and January 2021 as new variants spread faster. A 7-day moving average sits at around 590 thousand cases currently, compared to a record of slightly below 720 thousand cases in mid-January. 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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