-
US indices rallied yesterday and finished trading significantly higher. S&P 500 added 1.71%, Dow Jones gained 1.56% and Nasdaq jumped 1.73%. Solid earnings from US banks supported upbeat moods
-
Positive moods extended into the Asian session with Nikkei jumping 1.6%, S&P/ASX 200 adding 0.6% and Kospi moving 0.9% higher. Indices from China traded higher
-
DAX futures point to a flat opening of today's cash trading session in Europe
-
US State Department is trying to convince OPEC+ to boost output and stabilize prices
-
Fed's Harker said he does not expect rate to be hiked until late-2022 or early-2023
-
TSMC, world's largest semiconductor manufacturer, will build a new facility in Japan. New factory will commence operations in 2024
-
According to Nikkei report, Toyota will cut global production by 15% in November amid semiconductor shortage
-
US SEC will reportedly not oppose launch of Bitcoin futures ETF. Cryptocurrencies jumped on the news with Bitcoin testing $60,000 mark for the first time since mid-April 2021
-
Precious metals trade mixed - gold and platinum drop while silver and palladium gain
-
Brent and WTI are trading almost 1% higher on the day. Industrial metals pull back
-
AUD and NZD are the best performing major currencies while safe haven currencies - JPY and CHF - lag the most
Bitcoin rallied on news that SEC will not oppose launch of Bitcoin futures ETF. Coin caught a bid and tested the $60,000 mark. So far, bulls failed to break above but Bitcoin continues to trade within the resistance area ranging below this hurdle. Source: xStation5
