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US indices finished yesterday’s trading mostly higher. S&P 500 gained 0.10%, Dow Jones added 0.46% and Russell 2000 moved 0.20% higher. Nasdaq dropped 0.49%
- Mixed moods could have been spotted during the Asian session. Nikkei and S&P/ASX 200 gained, Kospi dropped and indices from China traded mixed
- DAX futures point to a lower opening of the European session
- US Senate approved $1 trillion infrastructure bill with bipartisan support. House of Representatives will work on the bill now
- South Korean exports increased 46.4% YoY during the first 10 days of August. Imports were 63.1% YoY higher
- Singapore Q2 GDP increased 14.7% YoY (exp. 14.2%). On quarter-over-quarter basis Q2 GDP dropped -1.8%
- API report pointed to a 0.82 million barrel draw in the oil inventories (exp. -1.1 mb)
- Coinbase reported Q2 revenue at $2.23 billion (exp. $1.77 billion) and EPS at $6.42 (exp. $2.24). Ethereum trading volume on Coinbase exceeded Bitcoin trading volume in Q2 2021
- Bitcoin trades in the $45,500 area
- Precious metals trade mixed – gold and platinum gain while silver and palladium drop
- Oil and industrial metals pull back slightly
- USD and EUR are the best performing major currencies while JPY and GBP lag the most