• US indices finished yesterday’s trading higher. S&P 500 gained 1.17%, Dow Jones added 1.87% and Nasdaq moved 0.93% higher. Russell 2000 jumped 2.06%
  • Mixed sentiment prevails in Asia. Nikkei surged 2.40%, S & P / ASX 200 added 0.95% and Kospi jumped 0.57%. Indices from China struggled to find common direction
  • DAX futures point to a higher opening of the European cash session
  • RBA holds cash rate at 0.10%, as expected
  • UK retail sales increased 1.8% in November on a like-for-like basis from a year earlier, from a 0.2% fall in the previous month
  • China trade balance $71.72B vs $82.75B expected
  • China to lower relending rate for small and agricultural companies
  • Japan Oct labor cash earnings +0.2% vs +0.7% y/y expected
  • Japan Oct household spending -0.6% y/y, in line with expectations
  • Australia Q3 home price index, 5.0%, in line with expectations
  • Cryptocurrencies rebounded yesterday. Bitcoin broke above $50,000 handle and Ethereum tested $4300 level
  • Oil and precious metals prices move higher
  • AUD and CAD are the best performing majors. JPY and USD lag the most