Equities
Global shares (.MIWD00000PUS), closed out 2024 with a strong yearly gain of nearly 16%. Similarly MSCI’s of APAC ex-Japan (.MIAPJ0000PUS), slid 1.2% in December though registered a gain of more than 7% for 2024.
China’s CSI300 last down 1.43%, Hang Seng slid 1.74%.
Investors are closely monitoring China’s economic recovery in 2025 after officials pledged a slew of support measures to promote growth, though Trump’s talk of tariffs in excess of 60% on imports of Chinese goods could pose significant headwind.
KOSPI fell 0.07%, Asia’s worst performer in 2024, with a loss of more than 22% in dollar terms partly due to a deepening political crisis.
Forex
Expectations of fewer Fed interest rate cuts this year, left the dollar on the front foot.
USD rose 0.3% to last trade at 157.43 yen , leaving JPY sliding toward its lowest level in 5 months.
EUR 0.06% higher to $1.0360, GBP eased 0.03% to $1.2522.
Commodities
Oil nudged higher on Thursday. Brent up 0.56% to $75.06 US crude gained 0.6% to $72.15.
XAU 0.4% higher at $2,634.77. Surged more than 27% in its largest annual gain in 2024 since 2010.
Top U.S. Markets
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading lower
|
42,544.22 | -29.51 | 0.07%Negative |
|
trading lower
Nasdaq Composite Index
.IXIC |
19,310.79 | -175.99 | 0.90%Negative |
|
trading lower
S&P 500 Index
.SPX |
5,881.63 | -25.31 | 0.43%Negative |
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading lower
Nikkei Index
.N225 |
39,894.54 | -386.62 | 0.96%Negative |
|
trading lower
Hang Seng Index
.HSI |
19,781.60 | -278.35 | 1.39%Negative |
|
trading higher
S&P BSE SENSEX Index
.BSESN |
78,971.21 | +463.80 | 0.59%Positive |
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