CBO Issues Dire Forecast for US Debt
The US Congressional Budget Office is warning that the federal deficit has hit a point of no return. It is far too late to cut wasteful government spending. Politicians have [...]
Market Talk – January 13, 2025
ASIA:
The major Asian stock markets had a negative day today:
• NIKKEI 225 closed
• Shanghai decreased 7.77 points or -0.25% to 3,160.76
• Hang Seng decreased 190.15 points or -1.00% to 18,874.14
• ASX 200 decreased 102.20 points or -1.23% to 8,191.90
• SENSEX decreased 1,048.90 points or -1.36% to 76,330.01
• Nifty50 decreased 345.55 points or -1.47% to 23,085.95
The major Asian currency markets had a mixed day today:
• AUDUSD increased 0.00135 or 0.22% to 0.61575
• NZDUSD increased 0.00013 or 0.02% to 0.55568
• USDJPY decreased 0.368 or -0.23% to 157.403
• USDCNY decreased 0.01128 or -0.15% to 7.35217
The above data was collected around 12:28 EST.
Precious Metals:
• Gold decreased 24.42 USD/t oz. or -0.91% to 2,661.19
• Silver decreased 0.721 USD/t. oz. or -2.37% to 29.654
The above data was collected around 12:33 EST.
EUROPE/EMEA:
The major Europe stock markets had a negative day today:
• CAC 40 decreased 22.40 points or -0.30% to 7,408.64
• FTSE 100 decreased 24.30 points or -0.29% to 8,224.19
• DAX 30 decreased 81.94 points or -0.41% to 20,132.85
The major Europe currency markets had a mixed day today:
• EURUSD decreased 0.00267 or -0.26% to 1.02148
• GBPUSD decreased 0.00369 or -0.30% to 1.21701
• USDCHF increased 0.00142 or 0.15% to 0.91847
The above data was collected around 12:45 EST.
US/AMERICAS:
US Market Closings:
- Dow advanced 358.67 points or 0.86% to 42,297.12
- S&P 500 advanced 9.18 points or 0.16% to 5,836.22
- Nasdaq declined 73.53 points or -0.38% to 19,088.1
- Russell 2000 advanced 5.17 points or 0.24% to 2,194.4
Canada Market Closings:
- TSX Composite declined 231.41 points or -0.93% to 24,536.32
- TSX 60 declined 11.59 points or -0.78% to 1,471.02
Brazil Market Closing:
- Bovespa advanced 236.82 points or 0.2% to 119,093.3
ENERGY:
The oil markets had a mixed day today:
• Crude Oil increased 2.281 USD/BBL or 2.98% to 78.851
• Brent increased 1.216 USD/BBL or 1.52% to 80.975
• Natural gas decreased 0.0622 USD/MMBtu or -1.56% to 3.9268
• Gasoline increased 0.0319 USD/GAL or 1.54% to 2.1053
• Heating oil increased 0.0292 USD/GAL or 1.17% to 2.5306
The above data was collected around 12:49 EST.
• Top commodity gainers: Cocoa (3.65%), Palm Oil (3.55%), Potatoes (3.56%) and Oat (4.67%)
• Top commodity losers: Platinum (-2.19%), Orange Juice (-3.13%), Palladium (-2.32%) and Silver (-2.37%)
The above data was collected around 13:15 EST.
BONDS:
Japan 1.2120% (-0.02bp), US 2’s 4.40% (+0.012%), US 10’s 4.7810% (+1.2bps); US 30’s 4.97% (+0.023%), Bunds 2.5815% (+1.4bp), France 3.458% (+3.4bp), Italy 3.8260% (+6bp), Turkey 26.42% (+6bp), Greece 3.455% (+8.5bp), Portugal 3.061% (+3.05bp); Spain 3.297% (+3.1bp) and UK Gilts 4.8920% (+4.91bp)
The above data was collected around 13:19 EST.
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