Morning wrap (13.01.2021)

• US indices finished yesterday's trading slightly higher. S&P 500 gained 0.04%, Dow Jones added 0.19% and Nasdaq closed 0.28% higher

• Stocks in Asia traded mixed. Nikkei, S&P/ASX 200 and Kospi gained while indices from China moved lower

• DAX futures point to more or less flat opening of the European session

• A record 15.7 thousand coronavirus deaths were reported yesterday. United States reported record 4.3 thousand deaths

• YouTube removed the latest Trump video and has banned his account for inciting violence

• US House passed a resolution asking Pence to invoke the 25th Amendment against Trump. However, it is unlikely that he will do so

• US CDC will require travelers arriving to the United States to show negative Covid-19 test starting from January 26

• Japan is to put 7 more prefectures in state of emergency due to Covid-19

• According to Reuters report, United States has warned the European Union that companies involved in NordStream 2 project may be subject to sanctions

• Bloomberg reports that Saudi Aramco will provide Asian refiners with 20-30% less crude than requested in February

• API reported signalled a 5.82 mb decline in oil inventories (exp. -2.7 mb)

• Bitcoin trades near $33,500 mark

• Oil trades higher. Precious metals trade flat

• GBP and EUR are top performing major currencies while AUD and USD lag the most

Over 660 thousand new coronavirus cases and a record 15.7 thousand deaths were reported yesterday. Source: worldometers, XTB