Morning wrap (13.11.2020)

7:33 AM 13 November 2020
  • US indices finished yesterday's trading lower. Dow Jones dropped 1.08%, S&P 500 finished 1% lower and Nasdaq declined 0.65%. Russell 2000 dropped 1.83%

  • Stocks are trading lower during the Asian session. Nikkei declined 0.6%, S&P/ASX 200 drops 0.2% and Hang Seng slides 0.5%. On the other hand, Kospi trades 0.7% higher

  • DAX futures point to a lower opening of the European session

  • A record number of coronavirus infections was reported yesterday - 643 thousand

  • United States reported record 161 thousand new coronavirus cases yesterday

  • Trump signed an executive order banning investments in firms controlled by Chinese military

  • Air passenger volumes in China were 12% YoY lower in October

  • Fed Chair Powell said that the US recovery has been faster than expected

  • Walt Disney reported 23% YoY drop in Q3 revenue to $13.7 billion and a net loss of $710 million. Company said that it has lost $7 billion due to coronavirus pandemic

  • Precious metals gain while oil pulls back

  • GBP and JPY are top moving majors while CAD and NZD are top laggards

A record 643 thousand new coronavirus cases were reported yesterday. Source: worldometers, XTB

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