4:50 PM · 29 March 2024

Daily summary: Limited volatility on markets as Easter break begins

  • The final trading day of the week has been rather uneventful. As the majority of the markets was already closed for Easter holidays, liquidity conditions were very thin
  • Indices from Asia-Pacific traded higher today - Nikkei gained 0.5%, Kospi traded flat and Nifty 50 jumped 0.9%. Indices from China traded 0.4-1.0% higher
  • Trading ranges on the major FX pairs were narrow today. AUD and NZD are the best performing G10 currencies at press time, while CHF and CAD lag the most
  • Major cryptocurrencies trade slightly lower today - Bitcoin drops 1.3%, Ethereum declines 0.9% and Dogecoin trades 1.5% lower
  • Fed Chair Powell said that today's PCE reading for February was in-line with expectations, but Fed wants to be more confident before cutting rates as cutting too soon would be very disruptive
  • US PCE inflation accelerated from 2.4 to 2.5% YoY in February (exp. 2.4% YoY), while core PCE stayed unchanged at 2.8% YoY (exp. 2.8% YoY)
  • French CPI inflation slowed from 3.0 to 2.3% YoY in March (exp. 2.6% YoY)
  • Italian CPI inflation accelerated from 0.8 to 1.3% YoY in March (exp. 1.4% YoY)
  • Core CPI inflation in Japanese Tokyo area slowed from 2.5 to 2.4% YoY in March (exp. 2.4% YoY)
  • Japanese retail sales were 4.6% YoY higher in February (exp. 2.8% YoY), while industrial production declined 3.4% YoY (exp. -2.7% YoY)
  • Japanese unemployment rate jumped from 2.4 to 2.6% in February (exp. 2.4%)
29 May 2026, 6:53 PM

Daily Summary: Buyers continue to dominate the markets despite geopolitical turmoil⏰

29 May 2026, 6:26 PM

📆Three markets to watch next week (29.05.2026)

29 May 2026, 5:28 PM

Hungary Unlocks EU Funds; EUR/HUF Drops 0.5%

29 May 2026, 2:40 PM

RBNZ Regime Change: The Ultimate Hard-Hawk Pivot 🦅 Time to shine for NZD 🇳🇿

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits