US indices added to previous gains and finished yesterday’s trading higher. S&P 500 gained 0.59%, Dow Jones moved 0.15% higher and Nasdaq rallied 1.58%. Russell 2000 surged 1.59%

Mixed moods could be spotted during the Asian session today. Kospi jumped 0.9%, Nikkei and S&P/ASX 200 booked small gains while indices from China traded lower

DAX futures point to a higher opening of the European cash session

EURUSD jumped back above 1.02 on reports saying that gas flows via Nord Stream 1 pipeline were resumed today. Gas flows are said to be at around 40% capacity so more or less pre-maintenance levels

US President Biden said that he expects to talk with Chinese President Xi within 10 days

Bank of Japan left interest rates and other monetary policy settings unchanged, in-line with market expectations. BoJ said that it still expects short- and long-term policy rates to remain at present or lower levels

Italian Prime Minister Draghi is expected to announce his definitive resignation today at 8:00 am BST

Japanese exports increased 19.4% YoY in June (exp. 17.5% YoY) while imports were 46.1% YoY higher (exp. 45.7% YoY)

Tesla reported a 42% YoY jump in Q2 2022 revenue, to $16.93 billion (exp. $17.1 billion). EPS came in at $2.27 (exp. $1.81). Automotive gross margin dropped to 27.9% in Q2 from 32.9% in Q1 2022. Stock traded 1.5% higher in the after-hours trading

Cryptocurrencies pulled back after an earnings report from Tesla revealed the company converted 75% of its Bitcoin holdings to fiat currency. Tesla said the move was aimed at boosting cash position amid lockdowns in China

Brent is trading 0.3% lower on the day while WTI pulls back 0.6%

Precious metals trade slightly lower. Gold drops 0.2%

EUR and AUD are the best performing major currencies while USD and JPY lag the most

EURJPY is one of the best performing G10 crosses today. EUR got a boost from Nord Stream flows resuming while JPY is lagging as Bank of Japan remains reluctant to tighten policy