- Indices from Asia-Pacific were trading mostly higher during the first trading session of a new week. S&P/ASX 200 gained 0.1%, Kospi jumped 1.1%, Nifty 50 traded 0.4% higher and Nikkei dropped 0.1%
- Indices from China traded mixed during the first session following a week-long Lunar New Year holiday
- European index futures point to a lower opening of cash session on the Old Continent
- US index futures trade higher. However, US markets will be closed for President's Day holiday today and there will be no cash session on Wall Street
- Total spending during China's Lunar New Year holidays increased 47% YoY while number of trips made was 34.3% higher than a year ago. Spending was 7.7% above pre-pandemic 2019 holiday
- People's Bank of China left medium lending facility rate unchanged at 2.50%, in-line with market expectations.
- Japanese core machinery orders increased 2.7% MoM in December (exp. 2.5% MoM)
- Cryptocurrencies trade higher. Bitcoin gains 0.3% and trades slightly above $52,000 mark. Ethereum gains 1.5% while Dogecoin trades 0.9% higher
- Energy commodities pull back - oil trades 0.5% lower while US natural gas prices drop 3%
- Precious metals trade mostly higher - gold gains 0.5%, platinum trades 0.1% higher, palladium jumps 1.3% and silver drops 1.2%
- NZD and AUD are the best performing G10 currencies, while CHF and USD lag the most
HSCEI (CHN.cash) makes another attempt at breaking above the 5,500 pts resistance zone. Source: xStation5
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile appThis 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.