7:33 AM · 17 December 2020

Morning wrap (17.12.2020)

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US indices finished yesterday's trading mixed. S&P 500 gained 0.18%, Nasdaq added 0.50%, Dow Jones dropped 0.15% and Russell 2000 finished 0.33% lower
Upbeat moods could have been spotted during the Asia session. Nikkei gained 0.18%, S&P/ASX 200 added 1.16% and indices from China moved higher. On the other hand, Kospi dropped 0.1%
DAX futures point to a higher opening of the European session
The Federal Reserve left rates and asset purchases unchanged during yesterday's meeting. Economic projections were slightly boosted compared to September's meeting
US Trade Representative urged Joe Biden not to ease China tariffs
US Vice President Pence is expected to receive coronavirus vaccine live on TV on Friday
Australian economy added 90k jobs in November (exp. 50k). Unemployment rate dropped to 6.8% (exp. 7%)
A record 716 thousand new coronavirus cases were reported yesterday as well as a record death toll of 13 498
Bitcoin climbed above $22,000
Oil and precious metals trade higher
GBP and NZD are top performing major currencies while USD and JPY lag the most

A record 716 thousand new coronavirus cases were reported yesterday. Source: worldometers, XTB

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