Morning wrap (20.07.2021)

6:39 AM 20 July 2021
  • US indices finished yesterday's trading significantly lower. S&P 500 dropped 1.58%, Dow Jones moved 2.09% lower while Nasdaq declined 1.06%. Russell 2000 moved 1.51% lower

  • Stocks in Asia traded lower today. Nikkei dropped 0.7%, S&P/ASX 200 moved 0.4% lower while Kospi declined 0.6%. Indices from China traded lower as well

  • DAX futures point to a more or less flat opening of the European session

  • According to RBA minutes, investors should not expect a rate hike until 2024

  • People's Bank of China left 1- and 5-year lending rates unchanged for 15th month in a row

  • Canada will lift border restrictions for fully vaccinated US citizens, starting from August 9

  • US Center for Disease Control and Prevention advised US citizens not to travel to the United Kingdom amid worsening pandemic situation

  • Japanese CPI accelerated from -0.1% YoY to 0.2% YoY (exp. -0.1% YoY). Core CPI also reached 0.2% YoY - the highest reading in 15 months

  • Bitcoin dropped below $30,000 mark and trades at the lowest level in a month

  • Precious metals, oil and industrial metals trade higher

  • USD is the best performing major currency today while NZD and AUD lag the most

Bitcoin plunges amid reports that the United States may target some cryptocurrency exchanges. BITCOIN trades below the $30,000 mark for the first time in a month. Source: xStation5

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