Read this before you start trading today!

  • US indices finished yesterday’s session mostly higher. S&P 500 rose 0.12%, Dow Jones added 0.41% while Nasdaq fell 0.01%. Russell 2000 jumped 1.07%
  • Stocks in Asia traded higher today. Nikkei surged 2.17%, S&P/ASX 200 rose 1.25% and Kospi gained 0.92%. Indices from China also moved higher
  • DAX futures point to a slightly lower opening of the European session
  • BOJ considering extension to its pandemic economic relief scheme
  • Goldman Sachs expects Fed to signal taper in Q1 2022 and rate hike 2024
  • JPM expects Fed to signal a taper in September 2021and the process will begin in April 2022 
  • Japan will extend its State of Emergency in Tokyo and other areas to June 20th
  • Japan Unemployment rate for April 2.8% (expected 2.7%, previous 2.6%)
  • RBNZ Gov. Orr says downside risks to the economy have lessened
  • New Zealand – ANZ Consumer Confidence Index for May 114.0 (previous 115.4)
  • UK PM Boris Johnson is considering plans for a carbon tax on imports targeting polluting industries
  • Bitcoin trades around 37,200 USD, Ethereum fell below 2,650 USD
  • JPY and GBP are the best performing major currencies while NZD and CHF lag the most