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 (23.02.2021)

06:36 23 February 2021
  • US indices finished yesterday's trading mostly lower. S&P 500 dropped 0.77%, Nasdaq slumped 2.46% and Russell 2000 declined 0.69%. Dow Jones gained 0.09%

  • Stocks in Asia traded mostly higher. S&P/ASX 200 gained almost 0.9%, Kospi dropped 0.1% and indices from China advanced. Exchanges in Japan were closed for holiday

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

  • Japan considers lifting the state of emergency outside Tokyo. Requests to lift state of emergency were also filled by Osaka, Hyogo and Kyoto

  • Australia confirmed that the temporary job support scheme will expire by the end of March. However, Australian Prime Minister Morrison also announced that normal unemployment benefits will be increased by $50 per two weeks.

  • Morgan Stanley sees oil market peak in Q3 2021 at $70 per barrel of Brent

  • Total US coronavirus deaths exceeded 500 thousand

  • Bitcoin has been trading lower throughout the Asian session and reached a low near $48,500. However, coin has managed to recover and trades above $50,000 again

  • Oil gains with Brent trading above $65. Gold trades slightly higher on the day while other precious metals drop

  • CAD and EUR are top performing major currencies while NZD and JPY lag the most.

A significant improvement in daily death numbers can be spotted recently. 7-day average dropped below 10,000. 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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