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 14, 2025
ASIA:
The major Asian stock markets had a mixed day today:
• NIKKEI 225 decreased 716.10 points or -1.83% to 38,474.30
• Shanghai increased 80.18 points or 2.54% to 3,240.94
• Hang Seng increased 345.64 points or 1.83% to 19,219.78
• ASX 200 increased 39.10 points or 0.48% to 8,231.00
• SENSEX increased 169.62 points or 0.22% to 76,499.63
• Nifty50 increased 90.10 points or 0.39% to 23,176.05
The major Asian currency markets had a mixed day today:
• AUDUSD increased 0.00117 or 0.19% to 0.61887
• NZDUSD increased 0.00020 or 0.04% to 0.55930
• USDJPY increased 0.527 or 0.33% to 158.004
• USDCNY decreased 0.00237 or -0.03% to 7.34558
The above data was collected around 13:53 EST.
Precious Metals:
• Gold increased 4 USD/t oz. or 0.15% to 2,671.90
• Silver increased 0.173 USD/t. oz. or 0.58% to 29.834
The above data was collected around 13:55 EST.
EUROPE/EMEA:
The major Europe stock markets had a mixed day today:
• CAC 40 increased 15.03 points or 0.20% to 7,423.67
• FTSE 100 decreased 22.65 points or -0.28% to 8,201.54
• DAX 30 increased 138.48 points or 0.69% to 20,271.33
The major Europe currency markets had a mixed day today:
• EURUSD increased 0.00542 or 0.53% to 1.02992
• GBPUSD increased 0.00062 or 0.05% to 1.22072
• USDCHF decreased 0.00445 or -0.49% to 0.91305
The above data was collected around 14:00 EST.
US/AMERICAS:
US Market Closings:
- Dow advanced 221.16 points or 0.52% to 42,518.28
- S&P 500 advanced 6.69 points or 0.11% to 5,842.91
- Nasdaq declined 43.71 points or -0.23% to 19,044.39
- Russell 2000 advanced 24.83 points or 1.13% to 2,219.24
Canada Market Closings:
- TSX Composite advanced 52.26 points or 0.21% to 24,588.58
- TSX 60 declined advanced 1.57 points or 0.11% to 1,472.59
Brazil Market Closing:
- Bovespa advanced 361.12 points or 0.3% to 119,328.05
ENERGY:
The oil markets had a mixed day today:
• Crude Oil decreased 1.188 USD/BBL or -1.51% to 77.632
• Brent decreased 0.951 USD/BBL or -1.17% to 80.059
• Natural gas increased 0.0782 USD/MMBtu or 1.99% to 4.0122
• Gasoline increased 0.0046 USD/GAL or 0.22% to 2.1073
• Heating oil decreased 0.0065 USD/GAL or -0.26% to 2.5297
The above data was collected around 14:01 EST.
• Top commodity gainers: Natural Gas (1.99%), Rice (1.38%), Canola (1.75%) and Oat (1.79%)
• Top commodity losers: Platinum (-2.58%), Lumber (-2.05%), Crude Oil (-1.51%) and Sugar (-3.22%)
The above data was collected around 14:05 EST.
BONDS:
Japan 1.2440% (+3.2bp), US 2’s 4.38% (-0.015%), US 10’s 4.7980% (+1.1bps); US 30’s 4.99% (+0.040%), Bunds 2.6305% (+4.75bp), France 3.469% (+1.7bp), Italy 3.8480% (+2.2bp), Turkey 26.43% (+1bp), Greece 3.450% (+0bp), Portugal 3.098% (+3.3bp); Spain 3.334% (+3.1bp) and UK Gilts 4.8950% (+0.32bp)
The above data was collected around 14:09 EST.
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