Market Talk – January 7, 2025

Market Talk 2017

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

China and Canada Continue Trade War

Effective March 20, 2025, China will place massive tariffs on Canadian goods. Aquatic products and pork will face a 25% tariff, while other items like rapeseed oil (canola), peas, and [...]
Read more

Is Trump Defunding the VA?

Veterans Affairs Secretary Doug Collins announced that his department saved $900 million after viewing a mere 2% of government contracts. There are unfounded fears that the Trump Administration will cut [...]
Read more

Biden Spent Over $1T on DEI to BUILD BACK BETTER

Joe Biden signed Executive Order 13985, “Advancing Equity and Racial Justice Through the Federal Government.” This order “emphasized the enormous human costs of systemic racism” and “other disparities” and became [...]
Read more