- US indices finished yesterday's trading higher. S&P 500 gained 1.0%, Dow Jones added 0.95% and Nasdaq moved 1.02% higher. Russell 2000 jumped 1.5%
- Mixed moods could have been spotted during the Asian session. S&P/ASX 200 and indices from China gained, while Kospi fell 0.57%. Traders from Japan are off for holiday
- DAX futures point to a slightly higher opening of the European session
- Evergrande giant struck an agreement with Chinese bond holders on Wednesday according to BBC.
- Evergrande Chairman says the firm will try its best to resume work and production
- China Estates, the second-largest holder of Evergrande shares plans to potentially dispose of its entire stake within 12 months
- Powell said yesterday that if the economy remains on track, tapering could conclude in the middle of next year.
- The Fed also signaled interest rate may need to rise faster than initially expected, with 9 of 18 policymakers projecting borrowing costs to rise in 2022.
- Bank of Korea says it'll monitor volatility in financial markets and intervene if necessary
- Australia preliminary September PMIs: Manufacturing 57.3 (previous 52.0), Services 44.9 (previous 42.9)
- Bitcoin trades below $44,000 while Ethereum trades above $3,100 mark
- Precious metals pull back slightly while oil gains
- USD and CAD are the best performing major currencies while NZD and AUD lag the most
US2000 managed to break above the upper limit of the downward channel and major resistance at 2210 pts during yesterday's session. Currently index is testing another resistance zone around 2227 pts which coincides with 100 EMA (purple line) and 200 SMA (red line). Source: xStation5
