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US indices finished yesterday’s trading mixed. S&P 500 gained 0.07%, Dow Jones added 0.29%, Nasdaq dropped 0.37% and Russell 2000 moved 0.31% lower
Stocks in Asia traded mixed as well. Nikkei gained over 1.6%, Kospi moved 0.6% higher, S&P/ASX 200 dropped 0.7% and indices from China traded lower
DAX futures point to a more or less flat opening of the European session
Politico reports that recent studies have found that Moderna vaccine is effective against mutant coronavirus variants
Australian dollar dropped after Reuters reported that China plans to suspend economic dialogue with Australia
Brazillian central bank delivered a 75 basis points rate hike to 3.50%. Bankers also hinted that adjustment of similar size will be made at the next meeting
Fed Rosengren said it is too early to start discussions on QE taper
PayPal reported Q1 revenue at $6.03 billion (exp. $5.9 billion) and EPS of $1.22 (exp. $1.01). Company’s CEO said that cryptocurrencies are now the main growth driver for the company. PayPal said it will launch a digital wallet product soon
Uber Technologies reported Q1 revenue of $2.90 billion (exp. $3.29 billion) and loss per share of $0.06 (exp. -$0.54). Net loss stood at $108 million. Company said that relatively small net loss was a result of booking a $1.6 billion gain on sale of self-driving division
Precious metals, oil, industrial metals and agricultural goods gain
AUD is the worst performing major currency while EUR and CAD outperform
AUDUSD plunged following a Reuters headline on Australia-China economic dialogue. The pair pulled back from the 0.7753 area, where the 200-hour moving average can be found, and dropped towards the 0.7700 handle. However, around half of the downward move has been recovered already.