– Asian stocks start the new week weaker. The S & P / ASX 200 drops by 1.6%, the Kospi drops by 1%, while the Nikkei loses over 3% in value. The indices from China are also weak. The declines come after the US indices fell sharply on Friday.
– The DE30 futures point to a weaker opening of the European session.
– According to the Telegraph, the UK is unlikely to lift pandemic restrictions before the 4-week extension ends, even if the data shows a big improvement.
– The United States extended the ban on non-essential travel to Mexico and Canada until July 21.
– South Korean exports increased 29.5% year-on-year in the first 20 days of June, while imports were 29.1% higher than last year. Semiconductor exports rose by 28.5%.
– Preliminary data on Australian retail sales for May show an increase of 0.1% m / m (forecast: 0.4%).
– Australia lodged a complaint with the WTO about the Chinese tariffs on Australian wine.
Bitcoin is trading near the $ 34,000 mark.
– Silver and platinum are down by over 1%, gold is trading slightly weaker, while palladium is gaining ground.
– l rises, the industrial metals are traded mixed and the agricultural goods fall.
– The NZD and JPY are the top performing major currencies, while the CAD and CHF are the hardest hit.
The Nikkei (JAP225) failed to hold above the upper bound of the overbalance structure and the index resumed falling. The downtrend structure remains intact. The JAP225 falls above 3% today and tests the support zone at the 38.2% retracement. Source: xStation 5
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