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Market Update: Pre European Opening


Cheer up guys, here’s some market update for ya:

  • Heavy market as bloodbath still happening all over the place.
  • Cryptocurrencies continue to lose ground as BTC plunge near the 40k support.
  • GameStop is entering NFT and cryptocurrency markets – WSJ.
  • As default fears mount, China urges banks to increase property loans.
  • Japan Minister: The government wants to declare a quasi-emergency status in Okinawa, Hiroshima, and Yamaguchi prefectures to curb coronavirus infections.
  • Covid update: Tsunami wave of infection hitting the shore everywhere, potential struggle on healthcare sectors.
  • The main focus of the economic release today will be the NFP on the U.S. session.

I don't always take a bath but when i do, it's a bloodbath - The Most Interesting Man In The World | Meme Generator

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About Trading Cocktail

The team consists of Marco, Fundamental, and Technical Analyst.
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