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7:21 AM · 24 December 2020

Morning wrap (24.12.2020)

• US indices finished yesterday's session mixed. The Dow Jones climbed 0.4%, S&P 500 rose 0.1% and Nasdaq fell 0.3%.

• Positive moods prevail in the Asian markets today. Nikkei rose 0.4%, Kospi added 1.8% and Hang Seng gained 0.3%. S&P/ASX 200 added 0.33%

• German and Italian markets are closed, while other European markets are scheduled for an early close

• Prime Minister Boris Johnson is planning a press briefing on Christmas Eve regarding potential Brexit trade deal

• Japan will lay out a "green growth strategy" that includes a goal to replace gasoline-powered vehicles with electric cars by 2035

• President Trump vetoed the sweeping defense bill that authorizes a topline of $740 billion in spending and outlines Pentagon policy

• Chinese authorities have launched an antimonopoly investigation against Alibaba Group (BABA.US)

• GBP and USD are leaders among major currencies while CAD and NZD lag the most

Over 683 thousand new coronavirus cases were reported yesterday. Source: worldometers, XTB

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