- The final hours of yesterday's session on Wall Street brought a bit worse investor sentiment. Most benchmarks reduced early gains, which in the case of the S&P500 even turned into declines. In intraday terms, the index lost 0.17%, the Dow Jones lost 0.58%. The Nasdaq did better, gaining 0.30%.
- Markets in Asia mostly gained during today's session in the APAC sector. The Nikkei added 1.23%, and Korea's KOSPI added more than 0.75%.
- Investors' attention turns to Bitcoin, which in the evening broke above the $35,000 barrier.
- The cryptocurrency is gaining 8.8% on an intraday basis, although there has been no accurate information in the market to prove the move.
- It is worth mentioning, however, that for days BTC has pierced successive important technical levels, which could provide the basis for such bullish momentum.
- Preliminary PMI for Australia: manufacturing 48.0 (previously 48.7) and services 47.6 (previously 51.8)
- China will approve an additional sovereign debt issuance of about $137 billion on Tuesday, Reuters reported.
- The Australian dollar and the British pound are currently the best performers in the FX market. The worst performers are currently the US dollar and the Japanese yen.
- The highlights of today's macro calendar are the Gfk (Germany) index, UK labor market data, PMI data for services and manufacturing from all major economies, and the API survey report on US oil inventories.
Heatmap of the FX market, which illustrates the volatility on individual currency pairs at the moment. Source: xStation 5
Start investing today or test a free demo
Open real account TRY DEMO Download mobile app Download mobile appThe content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
