CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% 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. 77% 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 (12.01.2023)

07:54 12 January 2023
  • US indices finished yesterday's session higher with Nasdaq posting gains for the fourth day in a row. Dow Jones gained 0.80%, S&P 500 moved 1.28% higher and Nasdaq jumped 1.76%. Small-cap Russell 2000 gained 1.17%

  • Indices from Asia-Pacific traded mixed today. Nikkei traded flat, S&P/ASX 200 gained 1.2%, Kospi moved 0.2% higher, Nifty 50 dropped 0.4% and indices from China traded mixed

  • DAX futures point to a higher opening of the European cash session today

  • Fed Collins said that she prefers a 25 bp rate hike in February, rather than another 50 bp rate hike

  • According to Yomiuri report, Bank of Japan will conduct a review of side effects of its policy easing at a meeting next week

  • According to WSJ reporter, Fed in-house research suggests that US job growth was around 300,000 per month last year and was weaker than reported by Bureau of Labor Statistics

  • Goldman Sachs expects Brent price to climb to $110 in Q3 2023 amid reopening of Chinese economy

  • Chinese CPI inflation accelerated from 1.6 to 1.8% YoY in December (exp. 1.8% YoY) while PPI inflation moved from -1.3  to -0.7% YoY (exp. -0.1% YoY)

  • Australian imports dropped 1% MoM in November while exports were unchanged (0.0% MoM)

  • Cryptocurrencies trade mostly higher with Bitcoin adding 3.3%, Ethereum trading 3.8% higher and Dogecoin jumping 3%

  • Energy commodities trade lower on Thursday morning - oil drops 0.3-0.4% while US natural gas price plunge over 1.2%

  • Precious metals gain in spite of USD strengthening. Gold adds 0.4%, silver gains 0.9% and platinum trades 0.3% higher

  • JPY and USD are the best performing major currencies while NZD and CHF lag the most

Japanese yen is the best performing G10 currency today. JPY gains on news that Bank of Japan plans to review side effects of its loose monetary policy. NZDJPY is taking a hit today and is pulling back from the resistance zone in the 84.50 area, which it failed to break above earlier this week. 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.

Back
Xtb logo

Join over 1 Million investors from around the world

We use cookies

By clicking “Accept All”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

This group contains cookies that are necessary for our websites to work. They take part in functionalities like language preferences, traffic distribution or keeping user session. They cannot be disabled.

Cookie name
Description
SERVERID
userBranchSymbol cc 2 March 2024
adobe_unique_id cc 1 March 2025
test_cookie cc 1 March 2024
SESSID cc 9 September 2022
__hssc cc 1 March 2024
__cf_bm cc 1 March 2024
intercom-id-iojaybix cc 26 November 2024
intercom-session-iojaybix cc 8 March 2024

We use tools that let us analyze the usage of our page. Such data lets us improve the user experience of our web service.

Cookie name
Description
_gid cc 9 September 2022
_gat_UA-22576382-1 cc 8 September 2022
_gat_UA-121192761-1 cc 8 September 2022
_ga_CBPL72L2EC cc 1 March 2026
_ga cc 1 March 2026
AnalyticsSyncHistory cc 8 October 2022
af_id cc 31 March 2025
afUserId cc 1 March 2026
af_id cc 1 March 2026
AF_SYNC cc 8 March 2024
__hstc cc 28 August 2024
__hssrc

This group of cookies is used to show you ads of topics that you are interested in. It also lets us monitor our marketing activities, it helps to measure the performance of our ads.

Cookie name
Description
MUID cc 26 March 2025
_omappvp cc 11 February 2035
_omappvs cc 1 March 2024
_uetsid cc 2 March 2024
_uetvid cc 26 March 2025
_fbp cc 30 May 2024
fr cc 7 December 2022
muc_ads cc 7 September 2024
lang
_ttp cc 26 March 2025
_tt_enable_cookie cc 26 March 2025
_ttp cc 26 March 2025
hubspotutk cc 28 August 2024

Cookies from this group store your preferences you gave while using the site, so that they will already be here when you visit the page after some time.

Cookie name
Description
personalization_id cc 7 September 2024
UserMatchHistory cc 8 October 2022
bcookie cc 8 September 2023
lidc cc 9 September 2022
lang
bscookie cc 8 September 2023
li_gc cc 7 March 2023

This page uses cookies. Cookies are files stored in your browser and are used by most websites to help personalise your web experience. For more information see our Privacy Policy You can manage cookies by clicking "Settings". If you agree to our use of cookies, click "Accept all".

Change region and language
Country of residence
Language