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US indices finished yesterday’s trading lower. Dow Jones dropped 0.16%, Nasdaq declined 0.36% and Russell 2000 moved 0.43% lower. S&P 500 closed 0.01% higher
Stocks in Asia traded mixed. Nikkei and Kospi gained while S&P/ASX 200 moved lower. Indices from China traded mixed
DAX futures point to a higher opening of the European session
Fed Bullard said that 75% vaccination rate could be enough to start discussion about tapering. Fed Rosengren said that rate hike is at least 2 years away
White House said that Biden is not in favour of increasing gas tax by 5 cents
According to a Bloomberg report, US Treasury will not label China as a currency manipulator during its upcoming semi annual FX report
Chinese imports increased 38.1% YoY in March (exp. +21.6% YoY) while exports were 30.6% YoY higher (exp. +32.7% YoY)
Bitcoin trades slightly above $60,000
Precious and industrial metals trade lower amid USD strengthening. Oil gains while agricultural commodities trade mixed
USD and GBP are the best performing major currencies while NZD and JPY lag the most
GBPNZD pulled back almost 2% from recent local high but has managed to find support at the upward trendline. The pair has managed to recover almost half of recent losses already.