Morning wrap (29.12.2020)

7:25 AM 29 December 2020

•    US indices finished yesterday's session higher. The Dow Jones climbed 0.7% and reached a new record high, S&P 500 rose 0.9% and Nasdaq gained 0.7%.

•    Positive moods prevail in the Asian markets today. Nikkei jumped 2.4% to a three-decade high of 27,500,  Kospi added 0.09%  and Hang Seng gained 1.15%. S&P/ASX 200 added 0.5%

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

•    US House of Representatives has approved an increase in stimulus from $600 a person to $2,000.  Now the bill needs to be approved by the Senate 

•    US Treasury announced that $600 relief checks will begin to be sent to Americans this week

•    US government on Monday appealed a decision handed down by a federal judge earlier this month that prevented authorities from fully implementing its restrictions against TikTok.

•    Two vaccines by Pfizer and Moderna continued the distribution process in the US and so far over one million people have been vaccinated.

•     Bitcoin fell to $26,000 level 

•    CHF and EUR are leaders among major currencies while GBP and USD lag the most

Over 487 thousand new coronavirus cases were reported yesterday. Source: worldometers, XTB         

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