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6:52 AM · 25 June 2024

Morning wrap (25.06.2024)

Wall Street indices traded mixed yesterday - S&P 500 dropped 0.31%, Nasdaq slumped 1.07%, Dow Jones gained 0.67% and small-cap Russell 2000 added 0.31%
Indices from Asia-Pacific traded higher today - Nikkei gained 0.7%, S&P/ASX 200 jumped 1.1%, Kospi added 0.4% and Nifty 50 moved 0.2% higher. Indices from China traded mixed
European index futures point to a lower opening of the cash session on the Old Continent today
Chinese premier Li said he is confident China will achieve growth target of around 5%, and that China should seize new opportunities of tech revolution and industrial transformation
US administration will investigate China Telecom, China Mobile and China Unicom in a probe focused on US national security risk from cloud business and internet infrastructure
Bank of America expects Fed to begin cutting rates in December 2024. BofA expects cuts to be gradual amid persistent inflation
Japan will issue revised January-March GDP data on June 30 that is corrected for errors in construction orders data
Cryptocurrencies are recovering after yesterday's slump - Bitcoin gains 1.5%, Ethereum adds 0.7% and Dogecoin rallies over 4%
Energy commodities trades slightly lower, with oil and natural gas prices down around 0.1%
Precious metals trade mixed - gold drops 0.4%, silver trades 0.2% lower, platinum gains 0.7% and palladium rallies 1.4%
AUD and JPY are the best performing major currencies, while USD and NZD lag the most

22 October 2025, 6:58 AM

Morning wrap (22.10.2025)

21 October 2025, 1:32 PM

BREAKING: USDCAD dips after Canadian CPI release 📌

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