– US indices finished yesterday’s trading higher. S&P 500 gained 0.18%, Dow Jones moved 0.26% higher and Nasdaq jumped 0.63%. Russell 2000 rallied 2.65%

– Moods weakened during the Asian session, especially in China, after Chinese authorities decided to halt classes at more than a dozen of schools in Beijing. Covid-19 outbreaks are the reasons

– Nikkei dropped 0.4%, S&P/ASX 200 declined 0.6% and indices from China traded over 1% lower. Kospi outperformed, gaining 1.2%

– DAX futures point to a slightly lower opening of today’s European session

– Reserve Bank of Australia left interest rates unchanged at the meeting today and purchases of government bonds are set to continue at A$4 billion per week. However, RBA decided to drop a 0.10% target on 10-year 2024 government bond yield

– RBA Governor Lowe said that he thinks the market overreacted to the latest inflation data. He said that it is extremely unlikely for inflation to jump beyond projections

– South Korean CPI inflation accelerated from 2.6 to 3.2% YoY – the highest level since January 2012

– New Zealand building permits dropped 1.9% MoM in September

– Precious metals are trading mixed – gold and palladium gain while platinum and silver drop

– Bitcoin, Ethereum and Dogecoin climb. Chainlink, Litecoin and Tezos pull back slightly

– USD and JPY the best performing major currencies while AUD underperforms the most