Morning wrap (12.11.2021)

7:39 AM 12 November 2021
  • US indices finished yesterday's trading mixed. S&P 500 gained 0.06%, Dow Jones fell 0.44%  and Nasdaq added 0.52%
  • Mixed moods prevailed during Asian session. Nikkei rose 1.23%, Kospi gained 1.50% and S & P / ASX 200 traded 0.8% higher. Indices from China struggled to find a common direction. 
  • DAX futures point to a slightly lower opening of the European trading session
  • President Biden signed legislation to prevent companies like Huawei  that are deemed security threats from receiving new equipment licenses from US regulators.
  • Chinese port city of Dalian reports a jump in COVID-19 cases
  • PM Johnson does not want to trigger Article 16 regarding dispute with the EU over Northern Ireland, according to UK Times
  • Inflation Expectations in Australia increased to 4.6% in November from 3.6% in October
  • AMC (AMC.US) announced that it is now accepting Bitcoin, Ethereum, Litecoin
  • Precious metals and oil trade slightly lower. Downbeat moods can be spotted on the cryptocurrency market.
  • USD and JPY are the best performing major currencies while NZD and CAD lag the most

BITCOIN price pulled back from fresh all-time high at $69,000 and is currently testing local support at $64,700 which coincides with 38.2% Fibonacci retracement of the last upward wave. Source: xStation5

Share:
Back

Join over 1 600 000 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