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US indices finished yesterday's trading lower. S&P 500 dropped 0.92%, Dow Jones and Nasdaq moved 0.94% lower each while Russell 2000 dropped 0.31%
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Stocks in Asia traded mixed. Nikkei and S&P/ASX 200 dropped while Kospi and indices from China advanced
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DAX futures point to a lower opening of the European session
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Media reports hinted that Biden administration will propose rising capital gains tax rate for rich individuals to 39.6% - almost double the current rate
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United Arab Emirates and New Zealand banned incoming flights and arrivals from India due to surging cases of a new Covid-19 variant in the country. 55 cases of the so-called Indian mutations were reported in the United Kingdom last week
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3 rockets have hit a military base in Baghdad where US troops are located. There are no reports of injuries or casualties
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Bitcoin dropped below $50,000 and trades at the lowest level since the beginning of March. There are rumours saying that United States may impose tax on cryptocurrency gains
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Politico reports that California plans to ban new fracking permits
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Japanese manufacturing PMI index for April jumped from 52.7 to 53.3. Services PMI remained unchanged at 48.3
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Precious metals trade mixed - gold and platinum gain while silver and palladium drop. Oil and industrial metals trade higher
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AUD and NZD are the best performing major currencies while CHF and USD lag the most
Bitcoin deepens downward move as rumours of US crypto tax intensify. The most famous cryptocurrency plunged below $50,000 mark today and trades at the lowest level since early March. Source: xStation5
