CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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. 76% 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 (23.03.2022)

07:56 23 March 2022
  • US indices finished yesterday's trading higher as traders looked past looming Fed's tightening. S&P 500 gained 1.13%, Dow Jones moved 0.74% higher and Nasdaq jumped 1.95%. Russell 2000 gained 1.08%

  • Stocks in Asia-Pacific traded higher as well. Nikkei rallied 3%, S&P/ASX 200 jumped 0.5% and Kospi added 0.9%. Indices from China traded 0.3-1.7% higher

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

  • Ukrainian President Zelensky is expected to take part in NATO summit online. However, it is not known whether he will only make an address or participate in the whole meeting

  • According to Wall Street Journal, Biden administration prepares to impose sanctions on more than 300 members of Russian parliament

  • A bipartisan group of US senators will discuss possibility of freezing Russian gold reserves, through ban on selling, with US Treasury Secretary Yellen

  • Fed's Mester said that may have to deliver a 50 basis point hikes more than once this year

  • Tangshan, a city in the Chinese Hebei province and a major steel hub, has been put under lockdown. Residents are forbidden from leaving their homes until lockdown ends (no date set yet)

  • United States agreed to remove tariffs on UK steel and aluminum and UK agreed to remove retaliatory tariffs on US

  • Oil trades slightly higher after Russia warned about a sharp drop in oil exports via the Caspian pipeline after infrastructure was damaged by a storm. It is said that 1 million barrels of daily exports could be in danger

  • According to Wall Street Journal, Chevron told US authorities that it can help Venezuela double its oil production

  • API report pointed to a 4.3 million barrel drop in US oil inventories (exp. +0.1 mb)

  • Precious metals trade mixed - gold and platinum pull back, palladium gains and silver trades more or less flat

  • GBP and JPY are the best performing major currencies while NZD and AUD lag the most

US tech shares were top performers on Wall Street yesterday with Nasdaq-100 (US100) jumping almost 2%. Index continues to move higher following a breakout from a downward channel. US100 managed to break above the resistance zone in the 14,410 pts area as well as the upper limit of the market geometry. A key resistance to watch for now is marked with the 200-session moving average (purple line, 15,150 pts area). 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