Morning wrap (04.05.2021)

5:42 AM 4 May 2021
  • US indices finished yesterday's trading higher. Dow Jones gained 0.70%, S&P 500 added 0.27%, Russell 2000 moved 0.49% higher while Nasdaq dropped 0.48%

  • S&P/ASX 200 gained 0.5% while Kospi moved 0.1% higher. Stock exchanges in Japan and China were closed for holiday

  • DAX futures point to a slightly lower opening of the European session

  • Reserve Bank of Australia left interest rates unchanged. RBA said it will discuss future bond purchases at its meeting in July. RBA said that increase in inflation is likely to be gradual and modest

  • Fed Chair Powell repeated his recent message during yesterday's speech - economy is improving but risks and uncertainty remain

  • United Kingdom and India have reached a trade agreement that is worth around 1 billion GBP and includes investments as well as exports agreements

  • South Korean CPI inflation accelerated from 1.5% YoY in March to 2.3% YoY in April. This is the highest reading since August 2017

  • Bitcoin dropped during the Asian trading hours and now trades slightly above $55,000 mark

  • Precious metals and oil trade lower. Industrial metals gain while agricultural commodities trade mixed

  • CAD and USD are the best performing major currencies while CHF and NZD lag the most

USDCHF is one of the best performing major currency pairs today. Pair is trying to generate an upward impulse following a test of the 200-session moving average. However, the pair still trades within a downtrend as the early-2021 jump exactly matched the size of the previous upward correction. Source: xStation5

Share:
Back
Xtb logo

Join over 935 000 XTB Group Clients from around the world

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

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
test_cookie cc 25 January 2024
adobe_unique_id cc 1 March 2025
__hssc cc 8 September 2022
SESSID cc 2 March 2024
__cf_bm cc 8 September 2022
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-98728395-1 cc 8 September 2022
_gat_UA-121192761-1 cc 8 September 2022
_gcl_au cc 30 May 2024
_ga_CBPL72L2EC cc 1 March 2026
_ga cc 1 March 2026
__hstc cc 7 March 2023
__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
_ttp cc 26 March 2025
_tt_enable_cookie cc 26 March 2025
_ttp cc 26 March 2025
hubspotutk cc 7 March 2023

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

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