Read this before you start trading today!
US indices finished yesterday’s trading mostly lower. S&P 500 dropped 0.09%, Nasdaq declined 0.60% and Russell 2000 moved 2.83% higher. On the other hand, Dow Jones gained 0.30% and finished at record high
Moods during the Asian session were mixed – stocks in Japan and Australia moved lower while equities from South Korea and China gained
DAX futures point to a higher opening of the European session
Traffic in Suez Canal has been resumed in both directions
Saudi Arabia wants to extend current output cuts into May
US Transportation Secretary Buttigieg said that gas tax hike is not part of the ongoing infrastructure deal discussions
Turkish lira trades lower after President Erdogan fired CBRT Deputy Governor
BoJ Governor Kuroda repeated that recent changes to ETF purchase targets does not mean that Bank plans to stop buying ETFs or wants to sell its holdings
FTSE Russell will include Chinese government bonds in its FTSE World Government Bond Index, starting from end-October
Japanese retail sales dropped 1.5% YoY in February (exp. -2.8% YoY)
Bitcoin trades slightly above $57,000
Precious metals, agricultural commodities and oil trade lower. Industrial metals trade mostly higher
AUD and NZD are the best performing major currencies while JPY and CHF lag the most
NZDJPY is trading 0.5% higher today and is the best performing pair involving two major currencies. Pair dropped around 4.5% off its post-pandemic high but has found support at 75.60 and started to recover. Resistance zone at 77.25 is being tested at press time.