- US indices traded higher yesterday. S&P 500 gained 1.50%, Dow Jones moved 1.20% higher and Nasdaq added 2.28%. Russell 2000 rose 2.43%
- Upbeat moods could be spotted during the Asian session as well. Nikkei jumped 0.68%, S&P/ASX 200 traded 0.6% higher and Kospi gained 1.10%. Indices from China traded slightly higher
- DAX futures point to a slightly higher opening of the European cash session today
- Ex Japanese Prime Minister Shinzo Abe has been assassinated during a campaign speech, according to AFP
- Japan Upper House election will take place this weekend and PM Kishida's party is leading the polls
- According to Bloomberg high-frequency indicators suggest China's economy shrunk in Q2 ang government is considering $220 billion in stimulus
- President Biden is convening a meeting with senior advisers today regarding China tariffs
- Japan household spending for May -0.5% YoY, well below analysts’ estimates of 2.1%
- GameStop (GME.US) fired its CFO and announces layoffs
- Twitter (TWTR.US) intends to close the deal with Musk on the terms agreed to
- Cryptocurrencies are trading higher. Bitcoin tested $22.000 level while Ethereum jumped above $1250
- Energy commodities trade higher. Brent and WTI gain 0.8% and 1.6% respectively
- Mixed moods prevail on the precious metals market. Gold gains 0.20%, while silver trades 0.30% lower
- JPY and AUD are the best performing major currencies while CAD and AUD are top laggards
EURJPY pair weakened during the Asian session and is approaching major support zone around 136.75, which is marked with lower limit of the 1:1 structure, 100 EMA (purple line) and 38.2% Fibonacci retracement of the last upward wave. Source: xStation5
