Read more
6:34 AM · 16 November 2020

Morning wrap (16.11.2020)

  • A massive free trade agreement was signed by 15 countries from Asia-Pacific region, including China, Australia, New Zealand, South Korea and Japan. India walked away from talks last year

  • Big gains can be spotted during the Asian session. Nikkei closed 2.05% higher at a 29-year peak. Kospi gained 1.8%. Indices from China gain 0.5-1%. Australian stock exchange has been experiencing technical issues

  • US and European futures trade higher compared to Friday's close

  • Brexit talks are expected to be continued this week and the next

  • Axios reports that Trump plans to impose more sanctions and restrictions on Chinese companies in the final weeks of his term

  • German media hint that the country may tighten restrictions on social interactions today. Some US states, like for example Michigan, decide to tighten restrictions over the weekend

  • Chinese industrial production increased 6.9% YoY in October (exp. 6.5% YoY), retail sales advanced 4.3% YoY (exp. 4.9% YoY) and urban investments rose 1.8% YoY (exp. 1.6% YoY)

  • Japanese GDP increased 5% QoQ (exp. 4.4% QoQ)

  • Japanese industrial production increased 3.9% MoM in September (exp. 4% MoM)

  • United States gave Qualcomm permission to sell 4G hardware to Huawei

  • NZD and AUD are top performing major currencies while CHF and USD lag. EM currencies gains against the US dollar

  • Precious metals and oil gain.

A regular weekend-dip in coronavirus case data can be observed. However, a record of 660 thousand new cases was set on Friday. Source: worldometers, XTB

6 March 2026, 6:59 PM

Daily summary: Indices and crypto decline amid rising oil prices 🚩 Gold and the US dollar move higher

6 March 2026, 5:51 PM

Oil surges 11% amid escalating Middle-East conflict 📈VIX gains driven by fear on Wall Street

6 March 2026, 5:33 PM

BREAKING: Iran signals Europe will be 'a legitimate target' if EU joins war

6 March 2026, 4:17 PM

Wall Street tries to stop the deeper decline 🗽Marvell Technology jumps 10%

Join over 2 000 000 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