-
US indices dropped yesterday and erased all of the post-FOMC jump. S&P 500 dropped 0.87%, Nasdaq slumped 2.47%, Russell declined 1.95% while Dow Jones finished 0.08% lower
-
Major indices from Japan and China dropped over 1% today, following into footsteps of their US peers. S&P/ASX 200 gained 0.1% while Kospi added almost 0.4%
-
DAX futures point to a lower opening of today's European cash session
-
The Bank of Japan decided to leave interest rates and yield targets unchanged. BoJ may start slowing purchases under its pandemic relief programmes early next year
-
China revised 2020 GDP growth data down from 2.3 to 2.2%
-
According to Politico report, White House acknowledged that 'Build Back Better' infrastructure bill is not going to get through the Congress this year
-
United Kingdom and Australia signed post-Brexit trade deal. Deal includes removal of most of the tariffs on goods
-
According to Goldman Sachs, impact of Omicron on oil demand and mobility has been small so far
-
Turkish lira dropped to a fresh record lows with USDTRY jumping past 16.00 and EURTRY moving above 18.00
-
CHF and JPY are the best performing major currencies while commodity currencies (AUD, CAD, NZD) lag the most
-
Precious metals gain, oil drops and industrial metals trade mixed
-
Cryptocurrencies are trading slightly lower. Bitcoin trades near $47,500 while Ethereum tests $3,950 area
AUDJPY experienced a big reversal yesterday and halted upward correction at the resistance zone marked with 50% retracement of the upward move started in August 2021. Pullback is deepening today, thanks to the strength of the Japanese currency. Near-term support zone can be found in the 79.00 area. Source: xStation5
