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- Stocks in Asia traded higher today. Nikkei gained 0.6%, S&P/ASX 200 added 1.2% and Kospi rallied over 1.7%. Indices from China decline
DAX futures point to a slightly higher opening of the European session
Scottish National Party fell short of winning an outright majority in recent elections. However, support from pro-independence Green Party may help push for another independence referendum
US government declared a state of emergency due to a large fuel pipeline shutdown in the east coast. It is said that pipeline operator has been targeted with a cyberattack and was forced to shut down pipeline network
ECB Chief Economist Lane said that the central bank will make an assessment of the PEPP programme in June
South Korea targets 4% GDP growth in 2021. South Korean President also announced that fiscal support will be increased in case situation requires it
Honda halted production in Thailand until the end of May due to semiconductor shortages. Meanwhile, Toyota announced that it expects record car production this year
According to Goldman Sachs, large miss in Friday’s NFP lower chance for Fed to begin tapering this year
Australian retail sales increased 1.3% MoM in March (exp. +1.4% MoM)
Oil is trading higher but off the daily lows. Precious metals and industrial metals advance. Agricultural goods drop
GBP and CAD are the best performing major currencies while JPY and CHF lag the most
British pound does not seem to be concerned over the good results of Scottish pro-independence parties in recent elections. GBPJPY jumped above the price zone ranging around 152.200 and is trading at the highest level in a month.