Morning wrap (08.06.2021)

US indices finished yesterday's trading mixed. Russell 2000 rallied 1.43%, Nasdaq added 0.49%, S&P 500 dropped 0.08% and Dow Jones moved 0.36% lower
Stocks in Asia traded mixed as well - Nikkei and S&P/ASX 200 gained while Kospi and equities from China dropped

DAX futures point to a flat opening of the European session
US President Biden wants to discuss cryptocurrencies and their role in the ransomware attacks during a G7 meeting this weekend
Final Q1 GDP data from Japan showed a decline of 1% QoQ, revised higher from -1.3% QoQ
Secretary General of OPEC Barkindo said that fiscal stimulus and vaccines improved the outlook for oil. However, uneven vaccine rollout and high inflation remain a risk to oil demand
United Kingdom may delay reopening of the economy by 2 weeks
Bitcoin resumed slide and dropped below $33,000 mark
Precious metals, oil and industrial metals trade lower. Agricultural goods trade mixed
USD and CAD are the best performing major currencies while JPY and GBP lag the most

In spite of upbeat comments from the OPEC Secretary General, oil moved lower yesterday. Crude pulled back from the post-pandemic high area near the $70 handle. The nearest support zone to watch, should the pullback deepen, can be found at 23.6% retracement ($67). Source: xStation5

11 June 2026, 10:26 AM

Chart of the day: GOLD catches breath amid shaky risk appetite recovery 🟡 (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)

10 June 2026, 6:23 PM

Daily Summary: Stocks and gold on their knees as US will continue strikes on Iran (10.06.2026)

10 June 2026, 4:41 PM

Crude Oil Output Drops to a Two-Decades Low 🛢️ 📉 Market freezes after EIA report 📌

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