Trading Review: Current Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations
The day of trading on European stock exchanges opened with slight gains. measure Dax Increases by 0.7%, jackdaw At 0.4% andPotsey With a modest increase of 0.1%. In Russia there is a positive trend. The MOEX (Rubles) is up 1.2% and the RTSI (Dollars) is up 1.1%.
Meanwhile, Wall Street futures are also trading in a positive trend. Contracts for NASDAQ are up 0.5%, S & P500 are up 0.2% and Dow Jones is up 0.1%.
In the oil market, price declines have moderated slightly. Brent is down 3.6% to $ 109.2 a barrel, and US oil (WTI) is down 4.5% to $ 102.9 a barrel.
The Hong Kong index continues to trade down 0.7%, while the Shanghai index has deepened to 0.4%. In Shenzhen, the index fell from 1.1%.
Trading in Japan closed down, with the Nikkei down 0.7%. Mitsubishi Financials and Softbank Corporation lost ground, as did Tokyo Electric Company, Infax Oil Drilling Company and Nomura Holding Company. On the other hand, Nippon, Mitsui and Kawasaki concentrated interest and climbed.
Asian stock markets are trading in a mostly negative trend. measure Nike Decreased 0.4%, indices Hang Seng And Shenzhen shed 1% and bShanghai The decrease is about 0.1%. On the other hand, the cosmic index and the Sydney index in Australia are rising.
In China, the declines are recorded, among other things, against the background of the publication of the Purchasing Managers’ Index in the manufacturing sector, which stood at 49.5 points in March – below the forecast of 49.9 points and compared to 50.2 in February.
In Tokyo, Mitsui and Nippon shares stand out, soaring 5% and 6%, respectively, and the Kawasaki shipping company jumps above 7%. Slight increases are recorded in the shares of banks and car manufacturers. In Hong Kong, Baidu shares are down due to being added to the US Securities and Exchange Commission (SEC) list of companies listed for write-off from trading in New York, following difficulties in verifying their financial statements.
Crude oil prices, which climbed about 3% yesterday, are falling. Brent cut 5% to $ 107.6 a barrel, and U.S. oil (WTI) fell 6% to $ 101.3 a barrel. This is after reports in the American media that President Joe Biden is expected to order today the release of up to one million barrels of oil per day from the US strategic oil reservoir to combat the sharp rise in fuel prices. But it could take several months, while Bloomberg reports that Russia is offering India oil at high discounts of up to $ 35 a barrel.
Futures are trading up slightly this morning, after Wall Street closed in red yesterday: NASDAQ Decreased by 1.2%, S&P500 Weakened by 0.6% andDow Jones Retreated 0.2%. Government bond yields in retreat. The yield on the 10-year bond drops to 2.34% and the two-year bond yield drops to 2.30%.
In the crypto market, stability is recorded, when eBitcoin Trades around $ 47,000.