Morning wrap (13.02.2023)

7:45 AM 13 February 2023
  • Indices from Asia-Pacific launched a new week mostly lower. S&P/ASX 200 dropped 0.2%, Kospi traded 0.70% down, Nifty 50 declined 0.57% and Nikkei fell 0.88%. Indices from China were an exception and traded mostly higher 
  • DAX futures point to a slightly lower opening of the European cash session today

  • US index futures trade lower compared to Friday's closing prices

  • The Pentagon shot down an unidentified object that it tracked over Michigan.

  • Chinese government spotted a mystery object over waters near northern port city Qingdao and plans to shoot it down

  • ECB's Visco said that policymakers must be careful to avoid unnecessary, excessive rise in real interest rates

  • Germany's governing party Social Democrats has lost Berlin election for the first time since 1999

  • UK firms plan biggest pay rises since 2012 to attract staff, according to CIPD via Reuters

  • According to the Australian Financial Review, during a meeting with one of the hedge funds RBA Governor Lowe said, that there is a  possibility that Australia’s cash rate could go as far in this rising cycle as the US Fed 

  • BoA analysts' expect Stoxx 600 dropping 20% to 365 by the Q3 2023

  • New Zealand Services PMI rose to 54.5 in January, up from a downwardly revised 52.0 in the previous month

  • The used car prices in the US resumed upward move in January

  • OPEC expects global oil demand to exceed pre-pandemic levels this year

  • Cryptocurrencies are trading mostly higher at the beginning of a new week. Bitcoin rose 0.2%, Ethereum gains 0.5% 

  • Mixed moods prevail on the energy commodities market. Brent and WTI fell around 1.0% each while US natural gas prices jump 0.90%

  • Precious metals trade flat amid stronger USD. Gold is trading below $1865 and silver attempts to break above $22.00 hurdle

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

USDJPY rose over 0.60% during the Asian session as markets still try to assess looming change in BOJ leadership. 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