Historic UK 100 record, copper most expensive since 2022

It can be concluded that the preliminary data on GDP in the USA in the first quarter of this year were quite disappointing. The annualized change in real GDP in the US in the first quarter was +1,6%. after in the fourth quarter of last year was +3,4 percent The result was expected to be +2,4%..

On the American stock market, Thursday's session ended with declines in the main indices (S&P 500 -0,46%, DJIA -0,98 percent, Nasdaq 100 -0,55 percent). This morning, however, the S&P 500 futures made up for this loss, rising around 9:01 by 0,82 percent

A record for the UK100 index of the British share market

We also received a portion of macroeconomic data from Europe. The consumer confidence index in Germany published by GfK equalized in May this year. the level of its local maximum in June 2023 (-24,2 points). The annual PPI dynamics in Sweden was in March this year. negative for the 11th month in a row, and also the highest in 11 months (-0,6% compared to -1,3% in February this year). The consumer confidence index increased in Sweden from 88,9 points. to 87,6 points, and the confidence index in industry increased to 100,5 points. with 98,6 points

The confidence index in France's industry fell in April this year. up to 100 points. from the highest level in a year of 103 points. in March this year No change was expected here.

According to data published by the CBI, the retail sales index in Great Britain was in April this year. at one of the lowest levels of the past decade (-44 points compared to 2 points in March this year. Over the past 15 years, it was lower only in 8 months.

It was yesterday's historic record for the UK100 British share market index (+0,48%). Stock markets in continental Europe were dominated by declines on Thursday (DAX -0,95 percent, CAC 40 -0,93 percent. On Thursday, the Ukrainian UK100 was the lowest in a year (-0,32%), while the Russian RTS was the highest since 2022 (+0,65%).

The highest USD/JPY rate in a generation

Bitcoin's price against the US dollar remains slightly below its March all-time highs (-0,46% this morning).

European 10-year treasury bond markets were dominated by declines at the beginning of Friday's session (German to 2,607%, French to 3,102%). What attracted attention on the global treasury bond market this morning was the lowest level in history achieved by the yield of 10-year treasury bonds of the PRC (2,267 percent around 9:19 am).

What attracted attention on the currency market yesterday was the highest USD/JPY exchange rate in a generation (+0,23%). The USD exchange rate against the Philippine peso was the highest since 2022 (+0,86%).

Japanese yen was the weakest against the euro since 2008 (EUR/JPY +0,53%). On Thursday, the Japanese yen was also the weakest against the Polish zloty since 2008. The Polish currency also strengthened on Thursday against the American dollar (USD/PLN -0,72%) and the euro (EUR/PLN -0,42%).

What attracted attention on the commodity markets yesterday was the highest copper price on the COMEX since 2022 (+1,35%) and the highest ever price of robusta coffee contracts on ICE (+0,89%). Crude oil prices increased yesterday (WTI +0,92%, Brent +1,12%), natural gas (+0,35 percent).

With the exception of palladium (-2,61%), the prices of precious metals increased yesterday (gold +0,18%, silver +0,03% and platinum +0,51%). The prices of contracts listed on ICE continue to reach their historical records. robusta coffee (+0,89% on Thursday).

Source: Wojciech Białek, OANDA TMS Brokers