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Stocks in Asia are trading mostly lower at the beginning of a new week. Nikkei and Kospi drop 0.2% while S&P/ASX 200 trades 0.1% lower. Indices from China decline
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DAX futures point to a flat opening of the European session
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Fed Rosengren said that the United States cannot afford a boom-and-bust situation in the housing market. However, he said he does not say there will be a bust in the housing market
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Stock exchange in Hong Kong remained closed for Asian morning trade due to a weather alert. Bourse resumed trading during Aisan afternoon session
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United States carried out an airstrike on militia-controlled weapon storage facilities in Iraq and Syria
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Chinese industrial profits increased 36.4% YoY in May 2021
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Chinese authorities ordered Tesla to fix software in 280k cars in China. Update can be done remotely in most cases
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Bitcoin recovered above $34,000 mark
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Precious metals trade higher. Oil and industrial metals drop
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GBP, JPY and AUD are the best performing major currencies while CHF,CAD and EUR are laggards
BITCOIN painted a double bottom near the $30,000 area and launched a recovery move. Neckline of the pattern at around $34,750 is a key near-term resistance to watch. Source: xStation5
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