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US indices finished yesterday's trading lower. S&P 500 dropped 0.81%, Nasdaq slumped 1.69% and Dow Jones declined 0.46%. Russell 2000 declined 1.93%
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Stocks in Asia are trading higher. Nikkei gained 0.5%, S&P/ASX 200 added 0.8% and Kospi moved 1% higher. Indices from China gained as well
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DAX futures point to a higher opening of the European session
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Biden said that he is confident in delivering a promised 100 million vaccination in 1000 days. US President said that every American can get vaccinated by the end of May
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Reuters reported that US is likely to follow the EU and impose sanctions on Russia over poisoning of Navalny. Russian Foreign Ministry advised US not to provoke Russia
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China Caixin services PMI dropped from 52 to 51.5 in February (exp. 51.6), the lowest reading since April 2020
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Australian GDP increased 3.1% QoQ in Q4 2020 (exp. 2.5% QoQ)
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API oil inventories report showed 7.35 million barrel build (exp. -1.85 mb)
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Bitcoin trades near $49,000
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Oil gains while precious metals pullback. Industrial metals drop while agricultural goods trade mixed
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NZD and CAD are top performing major currencies while JPY and CHF lag the most
365 thousand new coronavirus cases were reported yesterday. We can see that a decline has halted and the number of new daily cases stabilized. Source: worldometers, XTB
