- Midway through earnings season, Digital Realty Trust Inc and Watsco, Inc. are in line to report next
- Uniswap was the biggest decliner after giving up 0.58% yesterday
- Asia-Pacific markets are down as ASX 200 is currently down 0.47% and trading around 7,494.4.
Yesterday's trading session saw to it that leading equity indices in the US declined as Nasdaq shed 1.68% and closed at 11,900. S&P 500 lost 1.11% and ended the session at 4,118.
US markets are now currently closed and set to reopen today; meanwhile, Asia-Pacific markets are dropping as ASX 200 is down by 0.47%, reaching 7,494.4 European markets closed higher yesterday whilst FTSE is up by 0.26%, hitting 7,885.17.
Digital Realty Trust Inc and Watsco, Inc. due to release their earnings reports within the following week.
Market's down-tick coincides with some negative macro data published earlier as data from United States concerning Crude Oil Inventories was released yesterday at 15:30 UTC. Newly published figures emphasized continued decline from last month's figure of 4.14 million to 2.42 million this month.
While price action maintains a negative bias, United States 10-Year Note Auction released yesterday at 18:01 UTC with a figure of 3.613, while the previous figure was 3.575. United States Cushing Crude Oil Inventories came out at 1 million.
Looking ahead, ongoing depreciation may be prolonged as today at 13:30 UTC data for United States Initial Jobless Claims will be released, with an expected decline to 190,000 from the preceding figure of 183,000.
While markets are generally down so far today, some assets outperformed such as FTX gained 9.54% to reach $1.36. Algorand (up 0.149%) is also performing well.
Yesterday's bearishness meant that Uniswap lost 0.58% yesterday before closing at $0.
Uniswap | Currently steady around $0
A month downtrend has resulted in the asset losing $5.32. Today is looking a bit better: after closing the previous trading day at $0, Uniswap rose as high as $0 today before paring back gains and trading at $0.
FTX | +9.54% to start today's session
FTX has been losing ground for 5 days Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. After closing the previous trading day at $1.24, FTX is up to $1.36, which makes for a move of 9.54%/$0.119 today.