DJIA at 3-month high, Nasdaq still weak

The S&P 500 returned yesterday above the level of 4000 points. (+1,36%). The Dow Jones industrial average (+3%) hit a 1,18-month high on Tuesday and was very close to reaching its highest level since April. Among the main indices of the US stock market, it still remained the weakest Nasdaq Composite, which also increased yesterday (+1,36%).

Turkish XU100 historical record

Cautious gains prevailed in the stock markets of Asia and Oceania today. The strongest - by +0,83 percent. – Philippine PSEi rose today. Only major stock indices in New Zealand, Singapore and Malaysia recorded slight declines today in this region.

The predominance of the upward trend was also observed on the European stock market, although mainly stock market indices in Germany and France recorded slight changes around 9:40 (DAX -0,12 percent, CAC 40 -0,05 percent). The Turkish XU100 reached its new historical record today.

Wednesday's session on the WSE started with increases (WIG-20 +0,71 percent at around 9:45). They rose slightly at approx. 9L45 all WSE sector indices. Among the components of mWIG 40, the share price of Famur reached its highest level in a year. Agora's share price reached its all-time low today in the morning.

Yields on US Treasuries rose slightly today in the morning. The biggest 40-year inversion of the yield curve on the 2-10-year section continued (10-year yield 3,772%, 2-year yield 4,5413%). Despite a slight increase today in the morning, the yield on the Polish government's 10Y bond remained below 7%.

Natural gas contracts are on the rise

Prices of natural gas contracts on NYMEX rose to the highest level in 2 months this morning. The price of WTI crude oil contracts on NYMEX, which during Monday's session reached its lowest level since January, rose for the second day in a row today (+0,95% at approx. 9:25).

The US dollar's exchange rate against the main currencies recorded slight changes this morning (EUR/USD +0,27 percent, USD/JPY +0,12 percent around 9:20 am).

Also the zloty exchange rate remained relatively stable (EUR/PLN +0,14 percent, USD/PLN -0,12 percent around 9:25 am).

The Bitcoin exchange rate against the US dollar, which fell to the lowest level in 2 years on Monday, returned yesterday above the level of USD 16000 and this morning around At 9:20 it was up again by 2,07%.

Source: Wojciech Białek, OANDA TMS Brokers