-
Asian and Pacific indices start the week with optimistic sentiments, hoping for dovish stances from central banks and positive macroeconomic data in a very important week.
-
Indices from China gain between 1.50-2.00%, the Japanese Nikkei 225 index is trading 1.00% higher around the 38,600 level, while the Australian S&P/ASX200 gains 0.13% to the 8,000-point level. Futures contracts on the Singapore SG20cash index gain 0.55%.
-
Futures contracts on European indices also indicate a higher opening of the cash session on the Old Continent. The UK100 gains 0.10%, and the DAX 0.20% to the 18,600-point level.
-
In the forex market in the first part of the day, one of the stronger currencies is JPY. The yen's value may be supported by speculation about a more hawkish stance from the BoJ during the interest rate decision this Wednesday. The dollar is trading slightly lower, with USDJPY losing 0.15% to 153.4000.
-
Italian Prime Minister Giorgia Meloni promised on Sunday to "revive" cooperation with China by signing a three-year action plan during her first official visit to Beijing since taking office.
-
Israel's security cabinet authorized Prime Minister Benjamin Netanyahu's government on Sunday to decide on the "method and timing" of the response to a rocket attack on the Israeli-occupied Golan Heights, which killed 12 teenagers and children, and which Israel and the United States blame on the Lebanese armed group Hezbollah.
-
Hezbollah denied responsibility for Saturday's attack on Majdal Shams, which was the deadliest on territory annexed by Israel since an attack by the Palestinian group Hamas on October 7.
-
President Tayyip Erdogan said on Sunday that Turkey could intervene in Israel, as it has done in the past in Libya and Nagorno-Karabakh, although he did not specify what kind of intervention he was suggesting.
-
Oil prices are gaining on Monday, offsetting last week's losses, due to concerns about escalating conflict in the Middle East following the rocket attack on the Israeli-occupied Golan Heights. The price of OIL.WIT gains 1.00% to $77.50 per barrel.
-
Cryptocurrencies are gaining, supported by positive sentiment in traditional markets and positive statements by politicians during the weekend Bitcoin conference in Nashville. Donald Trump said on Saturday that the United States must return to the cryptocurrency sector and become a leader in the industry, otherwise China will do so.
-
Speaking at the Bitcoin 2024 convention in Nashville, Trump positioned himself as a pro-cryptocurrency candidate ahead of the November 5 presidential election, saying he would make the USA a world leader in cryptocurrencies and adopt more friendly regulations than his current Democratic opponent Kamala Harris.
-
More importantly, Trump also promised to maintain a "strategic bitcoin reserve," which the USA currently holds. The US government, as a result of illegal business seizures, owns over 200k Bitcoins worth over $14 billion.
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.
