Daily summary: nuclear threat from Russia triggers sell-off in Europe ✂️

01:49 20 พฤศจิกายน 2024
  • Indices on Wall Street are gaining slightly towards the end of the session, despite a sell-off at the opening. The initial declines have been completely erased, and at the time of publication, the US500 is up 0.40%, the US100 is up 0.70%, and the US2000 is trading 0.30% higher.

  • The US100 has once again broken out from the support zone around 20,400 points and is currently up 0.30%. We observe impressive gains mainly in Tesla (+3.00%) and Nvidia (+2.10%). Alphabet, Amazon, and Apple are also slightly up (all by +0.70%). In the broader market, gains are also dominating in technology companies related to artificial intelligence and semiconductors, including C3.ai (+21%), Super Micro Computer (+32%), Indie Semiconductors (+8.50%), and BigBear.ai (+8.20%).

  • The dollar is gaining moderately, with the USDIDX index trading 0.10% higher at 106.3000 points. The strongest currency today is the Canadian dollar, which is gaining after the publication of higher-than-expected CPI data.

  • On the other side of the scale are European currencies, including the EUR, PLN, and HUF, which are losing value due to escalating tensions on the Russia-Ukraine border.

  • European indices are recording 1-2% declines as a result of escalating tensions between Russia and Ukraine. The declines are related to Putin signing an updated nuclear doctrine.

  • This action taken by Russia is aimed against potential adversaries and military coalitions such as NATO. Nevertheless, there have also been concerns that potential long-range weapon attacks from Ukraine could be considered an excessive threat.

  • Inflation in Canada for October rose to 2.0% year-over-year (expected: 1.9% y/y; previous: 1.6% y/y), and monthly to 0.4% month-over-month (expected: 0.3% m/m; previous: -0.4% m/m). Investors are currently pricing in a 20% chance of a 50 basis point rate cut by the BoC in December, compared to 38% before the inflation data.

  • The U.S. real estate sector report for October came in worse than expected. Housing starts: 1.311 million vs. 1.334 million forecast and 1.353 million previously. Building permits: 1.416 million vs. 1.435 million forecast and 1.425 million previously.

  • Shares of Super Micro Computer are gaining 32% today after the company appointed BDO USA as its new auditor and submitted a plan to Nasdaq to regain compliance with listing requirements following delayed financial reports.

  • C3.ai is up 22% to $32.08 after the company announced expanded collaboration with Microsoft to accelerate the deployment of artificial intelligence for business customers on the Microsoft Azure platform.

  • The sentiment in the cryptocurrency market today is only positive for Bitcoin. The dominance of the largest cryptocurrency is deepening, with BTC gaining 3.65% and approaching to $94,000.

  • Today, there is a high probability that the price of Bitcoin will reach a new record closing level even above $93,000. So far, the highest daily close is $91,400, while the highest daily level is $93,385.

หุ้น:
กลับไป

เข้าสู่ตลาดพร้อมลูกค้าของ XTB Group กว่า 1 600 000 ราย

ผลิตภัณฑ์ทางการเงินที่เราให้บริการมีความเสี่ยง เศษหุ้น (Fractional Shares) เป็นผลิตภัณฑ์ที่ให้บริการจาก XTB แสดงถึงการเป็นเจ้าของหุ้นบางส่วนหรือ ETF เศษหุ้นไม่ใช่ผลิตภัณฑ์ทางการเงินอิสระ สิทธิของผู้ถือหุ้นอาจถูกจำกัด
ความสูญเสียสามารถเกินกว่าเงินที่ฝาก