-
US indices traded mostly higher yesterday. S&P 500 gained 0.36%, Dow Jones moved 0.23% higher and Nasdaq added 0.35%. Russell 2000 dropped 0.79%
-
Upbeat moods could be spotted during the Asian session as well. Nikkei jumped 1.3%, S&P/ASX 200 traded 0.7% higher and Kospi gained 2.0%. Indices from China traded up to 1.0% higher
-
DAX futures point to a higher opening of the European cash session today
-
FOMC minutes showed that Fed sees possibility of an even tighter monetary policy if inflation stays at elevated levels
-
Bloomberg reports that United States and its allies are discussing capping Russian oil price in the $40-60 range
-
Beijing authorities announced that citizens who want to use in-person sports centers or entertainment venues will have to be vaccinated. A big jump in new Covid cases was reported in Shanghai
-
API report pointed to a 3.82 million barrel build in US oil inventories (exp. -1.1 mb)
-
Cryptocurrencies are trading mixed, although the overall scale of moves is relatively small. Bitcoin drops 0.3% while Ethereum gains 0.4%
-
Energy commodities trade slightly higher. Brent and WTI gain around 0.8% each, with Brent climbing back above $100 per barrel
-
Precious metals gain with silver being a top performer (+0.8%). Gold and platinum trade 0.5% higher
-
AUD and NZD are the best performing major currencies while USD, CHF and JPY are top laggards
Oil halted recent sell-off but bulls struggle to launch a bigger recovery move. Taking a look at the WTI (OIL.WTI) chart, we can see that an attempt to launch such a move from the $97.70 area is made but the recovery lacks momentum. Source: xStation5
