Read this before you start trading today!
US indices finished yesterday’s trading lower. S&P 500 dropped 0.10%, Dow Jones slipped 0.29%, Nasdaq finished 0.05% lower and Russell 2000 moved 0.25% lower
Stocks in Asia traded mixed. Nikkei, S&P/ASX 200 and Kospi gained while indices from China moved lower
DAX futures point to a flat opening of the European session
Biden said that he will respect Fed’s independence and won’t tell central bankers what to do
Negotiations between Iran and other member countries of the nuclear agreement were constructive. Working groups will be made to continue cooperation
Japanese Prime Minister Suga said that snap elections before the end of third quarter are a possibility
Study from People’s Bank of China shows that China should establish an onshore yuan futures market
API report pointed to 2.62 million barrel draw in oil inventories (exp. -1.1 mb)
Bitcoin trades near $57,500
Precious metals and industrial metals trade lower. Oil and agricultural goods gain
EUR and CHF are the best performing major currencies while CAD and AUD underperformed the most
New Covid-19 cases are slowly reapproaching peak from December 2020 and January 2021 as new variants spread faster. A 7-day moving average sits at around 590 thousand cases currently, compared to a record of slightly below 720 thousand cases in mid-January.