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 22, 2025
ASIA:
The major Asian stock markets had a mixed day today:
• NIKKEI 225 increased 618.27 points or 1.58% to 39,646.25
• Shanghai decreased 29.00 points or -0.89% to 3,213.62
• Hang Seng decreased 327.78 points or -1.63% to 19,778.77
• ASX 200 increased 27.40 points or 0.33% to 8,429.80
• SENSEX increased 566.63 points or 0.75% to 76,404.99
• Nifty50 increased 130.70 points or 0.57% to 23,155.35
The major Asian currency markets had a mixed day today:
• AUDUSD decreased 0.00077 or -0.12% to 0.62668
• NZDUSD decreased 0.00039 or -0.07% to 0.56611
• USDJPY increased 0.986 or 0.63% to 156.490
• USDCNY increased 0.01394 or 0.19% to 7.28179
The above data was collected around 11:27 EST.
Precious Metals:
• Gold increased 12.48 USD/t oz. or 0.45% to 2,756.70
• Silver decreased 0.041 USD/t. oz. or -0.13% to 30.701
The above data was collected around 11:30 EST.
EUROPE/EMEA:
The major Europe stock markets had a mixed day today:
• CAC 40 increased 66.45 points or 0.86% to 7,837.40
• FTSE 100 decreased 3.16 points or -0.04% to 8,545.13
• DAX 30 increased 212.27 points or 1.01% to 21,254.27
The major Europe currency markets had a mixed day today:
• EURUSD decreased 0.00114 or -0.11% to 1.04156
• GBPUSD decreased 0.00318 or -0.26% to 1.23187
• USDCHF increased 0.00119 or 0.13% to 0.90724
The above data was collected around 11:32 EST.
US/AMERICAS:
US Market Closings:
- Dow advanced 130.92 points or 0.3% to 44,156.73
- S&P 500 advanced 37.13 points or 0.61% to 6,086.37
- Nasdaq advanced 252.56 points or 1.28% to 20,009.34
- Russell 2000 declined 14.25 points or -0.61% to 2,303.72
Canada Market Closings:
- TSX Composite advanced 29.86 points or 0.12% to 25,311.5
- TSX 60 advanced 0.6 points or 0.04% to 1,518.16
Brazil Market Closing:
- Bovespa declined 384.57 points or -0.31% to 122,953.77
ENERGY:
The oil markets had a mixed day today:
• Crude Oil decreased 0.408 USD/BBL or -0.54% to 75.482
• Brent decreased 0.427 USD/BBL or -0.54% to 78.963
• Natural gas increased 0.0719 USD/MMBtu or 1.90% to 3.8549
• Gasoline decreased 0.0305 USD/GAL or -1.46% to 2.0545
• Heating oil decreased 0.0623 USD/GAL or -2.43% to 2.5010
The above data was collected around 11:35 EST.
• Top commodity gainers: Cheese (4.67%), Palladium (3.82%), Coffee (2.67%) and Sugar (2.37%)
• Top commodity losers: Nickel (-1.31%), Oat (-1.73%), Heating Oil (-2.43%) and Gasoline (-1.46%)
The above data was collected around 11:41 EST.
BONDS:
Japan 1.1980% (+0.82bp), US 2’s 4.30% (+0.019%), US 10’s 4.6050% (+2.3bps); US 30’s 4.82% (+0.007%), Bunds 2.4995% (+2.25bp), France 3.263% (-0.7bp), Italy 3.5970% (+0.95bp), Turkey 25.82% (+15bp), Greece 3.249% (-1.1bp), Portugal 2.928% (+1bp); Spain 3.144% (+0.5bp) and UK Gilts 4.6380% (+4.04bp)
The above data was collected around 11:50 EST.
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