Market Talk – January 7, 2025
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 279.51 points or -0.72% to 38,787.02 • Shanghai increased 33.01 points or 1.01% to 3,303.67 [...]
Market Talk – January 7, 2025
ASIA:
The major Asian stock markets had a mixed day today:
• NIKKEI 225 decreased 279.51 points or -0.72% to 38,787.02
• Shanghai increased 33.01 points or 1.01% to 3,303.67
• Hang Seng increased 241.92 points or 1.16% to 21,133.54
• ASX 200 decreased 9.30 points or -0.11% to 8,511.40
• SENSEX decreased 197.97 points or -0.25% to 77,860.19
• Nifty50 decreased 43.40 points or -0.18% to 23,559.95
The major Asian currency markets had a mixed day today:
• AUDUSD decreased 0.00116 or -0.18% to 0.62709
• NZDUSD decreased 0.00178 or -0.31% to 0.56577
• USDJPY decreased 0.117 or -0.08% to 151.292
• USDCNY increased 0.01391 or 0.19% to 7.30326
The above data was collected around 16:06 EST.
Precious Metals:
• Gold increased 4.66 USD/t oz. or 0.16% to 2,862.58
• Silver decreased 0.356 USD/t. oz. or -1.10% to 31.864
The above data was collected around 16:10 EST.
EUROPE/EMEA:
The major Europe stock markets had a negative day today:
• CAC 40 decreased 34.59 points or -0.43% to 7,973.03
• FTSE 100 decreased 26.75 points or -0.31% to 8,700.53
• DAX 30 decreased 115.42 points or -0.53% to 21,787.00
The major Europe currency markets had a mixed day today:
• EURUSD decreased 0.00523 or -0.50% to 1.03312
• GBPUSD decreased 0.00247 or -0.20% to 1.24103
• USDCHF increased 0.00437 or 0.48% to 0.90942
The above data was collected around 16:16 EST.
US/AMERICAS:
US Market Closings:
- Dow declined 444.23 points or -0.99% to 44,304.4
- S&P 500 declined 57.58 points or -0.95% to 6,025.99
- Nasdaq declined 269.59 points or -1.36% to 19,523.4
- Russell 2000 declined 27.41 points or -1.19% to 2,279.71
Canada Market Closings:
- TSX Composite declined 91.58 points or -0.36% to 25,442.91
- TSX 60 declined 6.68 points or -0.43% to 1,529.75
Brazil Market Closing:
- Bovespa declined 1.605.34 points or -1.27% to 124,619.4
ENERGY:
The oil markets had a mixed day today:
• Crude Oil increased 0.377 USD/BBL or 0.53% to 70.987
• Brent increased 0.302 USD/BBL or 0.41% to 74.592
• Natural gas decreased 0.1003 USD/MMBtu or -2.94% to 3.3077
• Gasoline increased 0.0281 USD/GAL or 1.35% to 2.1031
• Heating oil increased 0.0288 USD/GAL or 1.20% to 2.4352
The above data was collected around 16:18 EST.
• Top commodity gainers: Copper (2.94%), Palm Oil (3.13%), HRC Steel (2.03%) and Coffee (2.10%)
• Top commodity losers: Orange Juice (-3.21%), Oat (-3.78%), Natural Gas (-2.94%) and Cheese (-2.27%)
The above data was collected around 16:25 EST.
BONDS:
Japan 1.3030% (+3.61bp), US 2’s 4.30% (+0.076%), US 10’s 4.4960% (+5.1bps); US 30’s 4.69% (+0.055%), Bunds 2.3635% (-0.9bp), France 3.091% (+0.35bp), Italy 3.4600% (+1.65bp), Turkey 26.00% (+0bp), Greece 3.230% (+3bp), Portugal 2.885% (+1bp); Spain 3.040% (+0.9bp) and UK Gilts 4.4810% (-0.92bp)
The above data was collected around 16:28 EST.
Latest Posts
Attack Rapidly, Ruthlessly, Viciously, without Rest
QUESTION: Would you comment on Trump’s agenda? Paul ANSWER: Those in Washington have lived a privileged life. During the Mortgaged Backed Security Crisis, when real estate declined, it did not [...]
China Implements 15% Tariff on US Coal
China is hitting back with 15% tariffs on US coal. America sent 11.6 million tons of coal to China, with 6.46% of all US coal imports flowing into China. Climate [...]
Women’s Sports Saved
In the latest piece of common sense legislation, Donald Trump signed the “No Men in Women’s Sports” executive order in what should be hailed as a victory for women’s rights. [...]
