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US indices finished yesterday's trading significantly higher. S&P 500 gained 0.82%, Dow Jones added 0.80%, Nasdaq moved 0.55% higher and Russell 2000 finished 0.36% higher
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Upbeat moods could have also been spotted during the Asian trading hours. S&P/ASX 200, Kospi and indies from China gained while Nikkei moved lower
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DAX futures point to a slightly higher opening of the European session
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United States sent naval vessel to monitor hijacked tanker off the United Arab Emirates cost
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NZD rallies following release of solid New Zealand jobs data for Q2 2021. Employment increased 1% QoQ (exp. 0.7% QoQ) while the unemployment rate dropped from 4.7% to 4.0% (exp. 4.5%)
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Australian retail sales data for June showed a 1.8% MoM drop, in-line with flash release
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API report pointed to a 0.88 million barrel drop in oil inventories (exp. -2.0 mb)
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Chinese Caixin services PMI jumped from 50.3 to 54.9 in July (exp. 50.6)
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Bitcoin trades in the $38,000 area
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Precious metals inch higher, oil pulls back and industrial metals trade mixed
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NZD is the best performing major currency while CHF and USD lag the most
NZDUSD rallied today following the release of solid jobs data. The pair jumped above the 0.7020 resistance zone and continued to move higher until it reached the 38.2% retracement of the downward move started in May (0.7050 area). Source: xStation5