European stock futures rise as Russia resumes gas supply

Commodities market

Oil prices slid today as recession concerns outweighed tight global supply. Brent crude futures dropped 0.7%, and WTI crude futures fell 0.9%.

Key tickers:

Brent: 106.03 — strong sell.

WTI: 98.59 — strong sell.

NG: 7.703 — sell.

Foreign exchange market

The euro rebounded today as Russia is about to resume gas supply via the Nord Stream pipeline. The euro gained 0.42%.

Key tickers:

EUR/USD: 1.0213 — strong buy.

USD/JPY: 138.55 — strong buy.

USD/CAD: 1.2867 — strong sell.

GBP/USD: 1.2888 — neutral.

Metals

Gold continues to fall today as investors expect interest rate hikes worldwide. Gold futures was down 0.66%.

Key tickers:

XAU/USD: 1691.07 — strong sell.

XAG/USD: 18.488 — strong sell.

XPT/USD: 855.02 — strong sell.

XPD/USD: 1876.35 — neutral.

Crypto market

After spiking above $24,000, Bitcoin moved below $23,000 again as Tesla said it removed 75% of its BTC holdings. However, Elon Musk said, "this should not be taken as some verdict on Bitcoin.”

Key tickers:

BTC: $22,954.1 — sell.

ETH: $1,492.48 — strong sell.

Neo: $9.5800 — strong sell.

Zcash: $61.10 — strong sell.

Stock market

European stock futures are up today amid the resumption of Russian gas supply, yet investors are still cautious ahead of the ECB meeting. The DAX futures traded 1.1% higher, CAC 40 futures rose 0.4%, and the FTSE 100 futures climbed 0.5%.

Key tickers:

• indexes

S&P 500: 3,959.90 — strong buy.

Nasdaq 100 (NDX): 12,439.68 — strong buy.

Dow Jones Futures: 31,810.0 — buy.

DAX: 13,230.56 — buy.

• Shares

Apple #APPLE: 153.04 — strong buy.

Amazon #AMAZON: 122.77 — strong buy.

Tesla #TESLA: 742.50 — strong buy.

Meta Platforms Inc #FACEBOOK: 183.09 — strong buy.