Read more DAILY ANALYSIS 09 AUGUST 2022

US indices finished yesterday’s session mixed. S&P 500 dropped 0.12%, Dow Jones moved 0.09% lower while Nasdaq fell 0.10%. Russell 2000 jumped 1.01%

Indices from Asia-Pacific traded mostly higher today. S&P/ASX 200 added 0.02% while Kospi rose 0.44%. Indices from China traded higher. Nikkei underperformed and fell 0.94%

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

Russia will no longer cooperate with US inspections of its nuclear arsenals under the New START control treaty

Taiwan’s foreign minister says China’s military exercises are preparation for an invasion

Goldman Sachs sees tactical upside risk for USD/JPY towards 140 in the near-term

Reports of explosion at Google data center in Iowa

China’s financial (state-sponsored) media said the People’s Bank of China is unlikely to lower interest rates or the Reserve Requirement Ration (RRR).

Australian weekly consumer confidence index fell to -4.5%, lowest since April 2020

The RBA launched a one-year research program into CBDC

Cryptocurrencies are trading slightly higher today with Bitcoin adding 0.4% and Ethereum rallying 0.8%

Oil is trading over 0.15% higher. WTI trades near $90.62 per barrel while Brent is testing $96.40 mark

Mixed moods prevail on precious metals market. Gold trades 0.14% lower but silver gains 0.12%

JPY and GBP are the best performing major currencies while NZD and USD lag the most

AUDUSD strengthened on Monday, however buyers failed to break above upper limit of the wedge formation and today we can observe slight pullback. Source: xStation5