Read this before you start trading today!

  • US indices finished yesterday’s trading mostly higher. Dow Jones gained 1.46%, S&P 500 added 0.60%, Russell 2000 jumped 1.81% while Nasdaq dropped 0.04%

  • Upbeat moods could also be spotted in Asia. Nikkei gained 0.6%, Kospi jumped almost 2% and indices from China traded 1.7-2.5% higher. S&P/ASX 200 finished flat

  • DAX futures point to a slightly higher opening of the European session

  • US House approved the $1.9 trillion economic relief package yesterday. President Biden is expected to sign the bill on Friday

  • US Secretary of State Blinken said that US will take actions against human rights violations in Hong Kong

  • US Treasury Secretary Yellen said that with stimulus in place, full employment may be reached next year

  • Prime Minister of Australia Morrison announced a A$1.2 billion stimulus package for the tourism sector. It includes loans to small tourism companies as well as support for airlines

  • According to Deutsche Bank survey, retail investors plan to invest around 37% of money from stimulus checks may be used to buy stocks

  • Bitcoin trades above $55000

  • Precious metals gain with platinum being the leader. Brent and WTI trade around 0.3% higher

  • AUD and NZD are the best performing major currencies while CHF and JPY lag the most

US value stocks and small-caps caught a bid yesterday and outperformed the tech sector. US200 climbed 1.8% and approached the 2,300 pts resistance zone. Area is marked with all-time highs from early-February 2020.