Morning wrap (27.12.2022)

7:40 AM 27 December 2022
  • US futures launched to today's session higher. US 30 and US 500 rose over 0.50% each, while US 100 gains 0.65%
  • Indices from Asia-Pacific traded mostly higher. Nikkei  gained around 0.85%, Kospi traded 0.50% higher, S&P/ASX 200 was shut for holiday.

  • Chinese stocks rose around 1.0% as authorities will drop COVID-19 quarantine requirement for arrivals from overseas from January 8

  • DAX futures point to a higher opening of the European cash session

  •  China’s National Bureau of Statistics (NBS)  revised 2021 GDP growth up to 8.4% from 8.1% 

  • Japan's housing starts unexpectedly dropped by 1.4% YoY in November, missing market forecasts of a 1.5% rise and following a 1.8% decline in October.

  • Retail sales in Japan rose 2.6% in November YoY, slowing for the second straight month and missing expectations for a 3.7% gain.

  • Japan’s unemployment rate fell to 2.5% in November after standing at 2.6% in the past two months, in line with forecasts 

  • PBOC injected a total CNY 206 billion of reverse repos into the banking system on Tuesday, while keeping the rate unchanged at 2% and 2.15%, respectively. 

  • Major cryptocurrencies trade slightly higher today. Bitcoin gains 0.3%, Ethereum rose 0.4% 

  • Energy commodities trade mixed - Brent and WTI gain around 1.0% while US natural gas prices fell 2%

  • Precious metals trade higher - silver jumped over 1.0%, gold trades  gains 0.35% 

  • AUD and NZD are the best performing major currencies while USD and JPY lag the most

Silver price is once again testing key resistance at $24.00 per ounce. Source: xStation5


 
Share:
Back

Join over 1 600 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits