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US indices finished yesterday’s trading mixed. Dow Jones gained 0.59% and reached a new record higher. S&P 500 dropped 0.06% while Nasdaq slumped 1.33%
- Majority of blue chips indices from Asia-Pacific traded lower today. S&P/ASX 200 dropped 0.3%, Kospi moved 1.2% lower and indices from China declined. Nikkei gained 0.1%
- DAX futures point to a slightly lower opening of the European cash session today
- Trading ranges on the FX market were small during the overnight session. EUR and JPY outperformed while AUD and CAD lagged the most
- Oil is trading little changed on the day after OPEC+ maintained its output policy yesterday.
- Precious metals trade lower while industrial metals advance
- According to New York Fed, global supply chains issues may have already peaked
- A fire broke out in the ASML’s manufacturing plant that supplies key devices needed in semiconductor production
- Fed Kashkari said he expects 2 rate hikes in 2022
- North Korea fired a ballistic missile into the Sea of Japan
- API report pointed to a massive 6.43 million barrel drop in US oil inventories (exp. -3.4 mb)