-
US indices finished yesterday's session slightly higher. S&P 500 gained 0.31%, Dow Jones moved 0.05% higher and Nasdaq added 0.40%. Russell 2000 gained 0.36%
-
Indices from Asia traded mixed - Nikkei added 0.1%, S&P/ASX 200 dropped 1.4% and Kospi moved 1.7% lower. Indices from China traded mixed
-
DAX futures point to a lower opening of the European cash session
-
Boris Johnson survived a confidence vote and will remain Conservative leader as well as UK Prime Minister. However, 148 out of 359 voters said they had no confidence in Johnson, what is a massive number.
-
For context, Theresa May survived confidence vote with 133 dissenters but step down from the office half year later as support from party members continued to dwindle
-
Reserve Bank of Australia announced a 50 basis point rate hike, pushing the main interest rate to 0.85%. Majority of economists expected either a 25 or 40 bp rate hike. AUD jumped following the decision but gave back most of the gains later on
-
Goldman Sachs now expects Brent price to average $135 per barrel in the second half of 2022 amid supply shortfalls
-
Japanese household spending dropped 1.7% YoY in April (exp. -0.9% YoY)
-
Strong sell-off can be spotted on the cryptocurrency market with both Bitcoin and Ethereum trading dropping over 6% today. Bitcoin pulled back below $30,000 mark
-
Oil is trading flat on Tuesday morning. Precious metals trade mixed with platinum and silver dropping, gold trading flat and palladium adding 0.3%
-
USD and CHF are the best performing major currencies while JPY and NZD lag the most
AUDUSD jumped following a bigger-than-expected rate hike from RBA. However, the pair failed to break above the 200-session moving average (orange circle) and started to pull back. All of the daily gains have been erased by now. Source: xStation5
