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US indices finished yesterday’s trading lower. S&P 500 dropped 0.81%, Nasdaq slumped 1.69% and Dow Jones declined 0.46%. Russell 2000 declined 1.93%

Stocks in Asia are trading higher. Nikkei gained 0.5%, S&P/ASX 200 added 0.8% and Kospi moved 1% higher. Indices from China gained as well

DAX futures point to a higher opening of the European session

Biden said that he is confident in delivering a promised 100 million vaccination in 1000 days. US President said that every American can get vaccinated by the end of May

Reuters reported that US is likely to follow the EU and impose sanctions on Russia over poisoning of Navalny. Russian Foreign Ministry advised US not to provoke Russia

China Caixin services PMI dropped from 52 to 51.5 in February (exp. 51.6), the lowest reading since April 2020

Australian GDP increased 3.1% QoQ in Q4 2020 (exp. 2.5% QoQ)

API oil inventories report showed 7.35 million barrel build (exp. -1.85 mb)

Bitcoin trades near $49,000

Oil gains while precious metals pullback. Industrial metals drop while agricultural goods trade mixed

NZD and CAD are top performing major currencies while JPY and CHF lag the most