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S&P 500 and Nasdaq booked record closes yesterday, gaining 0.38% and 0.45% respectively. Dow Jones dropped 0.17% while Russell 2000 moved 0.56% lower
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Stocks in Asia traded higher. Nikkei gained 0.5%, S&P/ASX 200 moved 0.2% higher and Kospi added 0.8%. Indices from China gained
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DAX futures point to a higher opening of the European cash session today
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White House confirmed that it has been discussing coordinated oil reserve release with China
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Goldman Sachs says that any release of strategic reserves is already priced in by the markets
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Democrats want to vote on a $1.9 trillion "Build Back Better" stimulus plan today
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Fed's Bostic said that it would be appropriate to normalize monetary policy by summer 2022
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Japanese CPI inflation decelerated from 0.2% YoY in September to 0.1% YoY in October (exp. 0.5% YoY)
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South Korean PPI inflation accelerated from 7.6% YoY in September to 8.9% YoY in October, the highest pace since October 2008
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PayPal launched a new app that allows users not only to trade cryptocurrencies but also to pay with them
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Bitcoin tested $55,500 area during the Asian session but has managed to recover above $56,000 since
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Risk-on moods can be spotted on the commodities markets with industrial metals and oil booking strong gains. Precious metals also gain
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AUD and CAD are the best performing majors while CHF and EUR lag the most
While S&P 500 and Nasdaq managed to close at record levels yesterday, Russell 2000 (US2000) lags behind. However, recent pullback on the index have been halted near the early-year high at 2,368 pts and an attempt to launch a recovery move can be spotted today. Source: xStation5