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 (21.01.2021)

06:37 21 January 2021
  • US indices booked strong gains yesterday and closed at record highs. S&P 500 gained 1.39%, Dow Jones added 0.83% and Nasdaq rallied 1.97%. Russell 2000 gained 0.44%

  • Stocks in Asia are traded higher. Nikkei gained 0.8%, Kospi added 1.5% and S&P/ASX 200 finished 0.8% higher

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

  • Bank of Japan left interest rates unchanged and repeated that it is ready to act if necessary

  • Some Republicans in Senate said they are not keen on passing another stimulus bill in the near future

  • Biden signed executive orders on rejoining Paris climate accord, mask mandate, ceasing funding for US-Mexico wall and revoking permit for US-Canadian oil pipeline

  • Italy has passed law allowing €32 billions of extra spending

  • API data showed a 2.56 million barrel increase in oil inventories (exp. -0.3mb)

  • Australian unemployment rate dropped to 6.6% in December (exp. 6.7%)

  • Japanese exports increased 2% YoY (exp. 2.4% YoY) while imports were 11.6% YoY lower (exp. -14% YoY). Data for December

  • Bitcoin trades slightly below $34,500

  • Precious metals trade higher with platinum being an exception. Oil and agricultural commodities gain

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

Slightly over 670 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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