-
US indices had another downbeat session in a row. S&P 500 dropped 0.78%, Dow Jones moved 0.88% lower and Nasdaq declined 0.56%. Russell 2000 dropped 0.62%
-
Indices from Asia-Pacific followed into footsteps of their US peers and also moved lower. Nikkei dropped 1.5%, S&P/ASX 200 moved 1.7% lower while Kospi plunged 2%. Indices from China traded up to 1.5% lower
-
DAX futures point to a lower opening of the European cash session
-
According to Wall Street Journal, G7 will outline a plan to cap Russian oil prices on Friday
-
China has put Chengdu city with 21 million population under lockdown amid spike in local Covid-19 cases
-
Taiwan Defense Ministry said it has shot down Chinese drone near Kinmen islands
-
A Singaporean-flagged tanker ran aground in the Suez Canal. However, ship was refloated within hours and supply chain disruptions, like those from 2021, were avoided
-
According to Reuters report, OPEC sees oil market surplus at 400k bpd in 2022, instead of 900k bpd that was reported by media yesterday
-
United States put restrictions on sales of Nvidia's data center chips used in artificial intelligence to China and Russia
-
Chinese manufacturing PMI (Caixin) dropped from 50.4 to 49.5 in August (exp. 50.2)
-
Australian private capital expenditure dropped 0.3% QoQ in Q2 2022 (exp. 1.5% QoQ)
-
Cryptocurrencies are pulling back amid an overall increase in risk aversion. Bitcoin drops 0.9% and tests $20,000 area while Ethereum trades 1.3% lower
-
Oil is trading little change on Thursday morning with Brent trading near $95 per barrel
-
Precious metals trade lower amid USD strengthening - silver drops 1.2% while gold trades 0.2% lower
-
USD and AUD are the best performing major currencies while NZD and EUR lag the most
Brent (OIL) plunged back below 200-session moving average yesterday and continued to move lower afterwards. Declines were halted near the $95 per barrel for now and oil is trading little changed today. Source: xStation5
