Read this before you start trading today!
US indices finished yesterday’s trading mostly lower. S&P 500 dropped 0.77%, Nasdaq slumped 2.46% and Russell 2000 declined 0.69%. Dow Jones gained 0.09%
Stocks in Asia traded mostly higher. S&P/ASX 200 gained almost 0.9%, Kospi dropped 0.1% and indices from China advanced. Exchanges in Japan were closed for holiday
DAX futures point to a higher opening of the European session
Japan considers lifting the state of emergency outside Tokyo. Requests to lift state of emergency were also filled by Osaka, Hyogo and Kyoto
Australia confirmed that the temporary job support scheme will expire by the end of March. However, Australian Prime Minister Morrison also announced that normal unemployment benefits will be increased by $50 per two weeks.
Morgan Stanley sees oil market peak in Q3 2021 at $70 per barrel of Brent
Total US coronavirus deaths exceeded 500 thousand
Bitcoin has been trading lower throughout the Asian session and reached a low near $48,500. However, coin has managed to recover and trades above $50,000 again
Oil gains with Brent trading above $65. Gold trades slightly higher on the day while other precious metals drop
CAD and EUR are top performing major currencies while NZD and JPY lag the most.