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Stocks in Asia are trading higher at the beginning of a new week. S&P/ASX 200 gained around 0.2%, Kospi moved 0.3% higher and indices from China gained over 1%. Nikkei dropped slightly
DAX futures point to a higher opening of the European session
Axios claims that President Biden is reportedly ready to accept corporate tax hike to 25%, instead of 28%
Total coronavirus death toll exceeded 3 million over the weekend. There were 142 million confirmed cases so far and 120.5 million recoveries
The United Kingdom will move part of its navy fleet into the Black Sea in May amid rising Russia-Ukraine tensions. Russia is also boosting presence of its warships
Japanese industrial production declined 1.3% MoM in February (exp. -2.1% MoM)
Japanese exports increased 16.1% YoY in March (exp. 11.6% YoY) while imports increased 5.7% YoY (exp. 4.7% YoY)
CME rejected rumours saying that it plans to launch Dogecoin futures
Bitcoin plunged over 10% during the weekend and trades near $56,000 mark
Precious metals trade mixed while oil trades lower
GBP and NZD are the best performing major currencies while CHF and EUR lag the most
DE30 jumped above 127.2% retracement of the 2020 pandemic shock last week. Index is seen launching today’s cash session near 15,500 pts – the highest cash opening in history.