- Cosmos Atom was the biggest decliner yesterday after giving up 2.65% Uniswap had a negative day yesterday (down 0.064%).
- European session in progress; markets are rising as FTSE is flat, trading at 7,765
A reminder of where yesterday ended before today's session begins: markets completed a mixed session yesterday, while Dow Jones ended the session at 33,734 after a 0.31% gain. Nasdaq shed 0.27% and closed at 11,334.
US markets are now currently closed and set to reopen today; meanwhile, European markets are trending positively as FTSE is currently lacking direction while trading at 7,765. Asia-Pacific markets ended a mixed session today whilst KOSPI Composite Index increases to 2,428.57 (up 1.39%).
This limbo state is reflected by market data published as United States API Weekly Crude Oil Stock released yesterday at 21:30 UTC with a figure of 3.38 million, while the previous figure was 7.62 million. Fresh 2-Year Note Auction data from United States came out at 4.139. United States Services PMI came out at 46.6, while a consensus of analysts was expecting 45.
Data to be released today might clear up some of the market fog as as things stand, upcoming United States Core Durable Goods Orders data is projected to fall short of market expectations with newly published data of -0.2%, following on from the preceding figure of 0.1%. New data is set to be published tomorrow at 13:30 UTC. Today at 15:30 UTC data for United States Crude Oil Inventories will be released, with an expected decline to 971,000 from the preceding figure of 8.41 million. United States Pending Home Sales is projected to outperform its last figure with -0.9%. It previously stood at -4%; data will be released Friday.
While markets were generally sideways yesterday, these assets pulled ahead as FTX up 9.54% trading at $1.36.
Despite lacklustre price action, some assets lagged behind their peers as Cosmos Atom lost 2.65% yesterday before closing at $12.76. Uniswap had a negative day yesterday (down 0.064%).
Uniswap bounces $6.36 from 7 months low
UNICORN Token USD dropped to $0, hitting its lowest point in 7 months. It later recovered $6.36 and is now trading at $6.36. In contrast to today's gains, Uniswap has been on a 3 day bearish trend during which it lost $6.89 of its value.
FTX | +9.54% in mid-session
FTX has been losing ground for 4 days Today's positive session could indicate a brief correction amid a broader downtrend, or, the start of a potential reversal. FTX is rallying again to $1.36 (up $0.119), after erasing earlier gains.