Morning wrap (24.12.2021)

8:00 AM 24 December 2021
  • US indices finished yesterday's session higher. The Dow Jones climbed 0.55%, S&P 500 rose 0.62% and Nasdaq added 0.85%.
  • Mixed moods prevail in the Asian markets today. S&P/ASX 200 added 0.44%, Kospi added 0.47%  and Hang Seng gained 0.26. However Chinese indices are trading lower
  • Australia announces that the interval between the #2 vaccine and the booster dose has been reduced to 4 months.
  • Some major markets in Europe are closed (for example German )while other markets are scheduled to close early
  • Cryptocurrencies gained yesterday with Bitcoin which strengthened 3.7%. the major cryptocurrency is trading flat, just under $51000 this morning
  • There are no major moves on Forex, EUR and CHF are gaining slightly against USD and AUD, GBP, NZD, CAD are trading a little lower 

Bitcoin broke above the downward channel. The nearest resistance to watch lies at $53.400, where previous price reactions are located. Source: xStation5

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