Morning wrap (03.06.2021)

US indices finished yesterday's session slightly higher. S&P 500 gained 0.14%, Dow Jones added 0.07% and Nasdaq finished 0.14% higher.
Stocks in Asia traded higher today. Nikkei rose 0.47%, S&P/ASX 200 advanced 0.59% and Kospi gained 0.94%. Most indices from China also moved higher
DAX futures point to a slightly higher opening of the European session
Bitcoin trades around 38,200 USD, Ethereum slightly below 2,800 USD
USD is the best performing major currency while JPY, NZD and AUD lag the most
Australia Retail Sales for April, final, +1.1% m/m (as expected)
Germany reports 4,640 new coronavirus cases, 166 deaths in latest update, total active cases is seen falling further to ~85,000 - the lowest since October last year.
Media reports Apple is requesting staff return to the office 3 days a week from September
Private oil survey data shows large headline draw in crude oil inventory (-5,360M)

Oil prices continue to move higher after the API report. Both Brent and WTI are up by more than 0.7%. Looking at the daily interval on OIL.WTI, the $70.45 could be the next target for buyers (161.8% Fibonacci retracement of recent downward correction). Source: xStation5

11 June 2026, 12:25 PM

📆Will the ECB hike strengthen the euro?

11 June 2026, 10:26 AM

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11 June 2026, 7:31 AM

Economic Calendar: All eyes on ECB 🇪🇺 Rate hikes coming back to Europe❓(11.06.2026)

11 June 2026, 6:55 AM

Morning Wrap: Risk appetite is back despite new exchange of US-Iran strikes (11.06.2026)

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