- Wall Street indices traded mixed yesterday - S&P 500 gained 0.23%, Nasdaq jumped 0.33%, Dow Jones dropped 0.17% and small-cap Russell 2000 dropped 1%
- Adobe rallied 14.8% in the after-hours trading after company reported better than expected fiscal-Q2 results and boosted full-year guidance
- Indices from Asia-Pacific are trading mixed today - Nikkei gains 0.4%, S&P/ASX 200 drops 0.3%, Kospi trades 0.3% higher and Nifty 50 adds 0.2%. Indices from China trade 0.2-0.6% lower
- European index futures point to a higher opening of the cash session on the Old Continent today
- Bank of Japan kept interest rates unchanged, in-line with market expectations. However, Bank also decided to keep bond purchases unchanged at 6 trillion JPY per month (around $38 billion)
- Decision to continue with bond purchases at previous pace was a dovish surprise, as markets expect BoJ to start reducing them
- BoJ, however, agreed to discuss and decide on specific bond buying reduction plan at the next policy meeting
- JPY dropped following BoJ decision and is the worst performing G10 currency at press time
- Japan's industrial production declined 0.9% MoM in April (exp. -0.1% MoM). On year-over-year basis, production declined 1.8% (exp. -1.0% YoY)
- New Zealand manufacturing PMI dropped from 48.9 to 47.2 in May
- Energy commodities trade higher - oil gains 0.3% and US natural gas prices rise 0.4%
- Precious metals also advance - gold and palladium gain 0.2%, silver trades flat and platinum jumps 0.6%
- CAD and USD are the best performing major currencies while JPY and NZD lag the most
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
