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Stocks climb on US inflation reading, upbeat earnings – Jan 15

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Today’s Market News

Key developments  to markets on Thursday:

  • South Korea interest rate decision
  • South Korea fallout from President Yoon’s arrest
  • Australia unemployment (December)

Index Last Change % Change
trading higher

43,221.55 +703.27 1.65%Positive
trading higher

19,511.23 +466.84 2.45%Positive
trading higher

5,949.91 +107.00 1.83%Positive
Index Last Change % Change
trading higher

38,646.80 +202.22 0.53%Positive
trading higher

19,608.52 +322.45 1.67%Positive
trading higher

76,724.08 +224.45 0.29%Positive

Source: LSEG, opens new tab – data delayed by at least 15 minutes

Fixed income

U.S. Treasury yields fell after CPI implied a 2025 rate hike.
U.S. 10-year notes fell 13.5 basis points to 4.653%, from 4.788% late on Tuesday.
US 30-year bond yield fell to 4.8774% from 4.985%.
US 2-year note yield fell 9.7 basis points to 4.268%, from 4.365% late on Tuesday.

Equities

MSCI’s gauge of stocks across the globe (.MIWD00000PUS) rose 12.79 points, or 1.53%, to 847.20, on track for its biggest one-day percentage gain since Sept. 19.
Earlier, Europe’s STOXX 600 (.STOXX), opens new tab equity index had finished up 1.33%.

Forex

DXY pared earlier losses but was still down, fell 0.08% to 109.11.
JPY boosted also by traders pricing in a 70% chance BOJ would raise interest rates in January.
EUR down 0.16% at $1.029

Commodities

U.S. crude up 3.28% at $80.04 a barrel, Brent settled at $82.03 per barrel, up 2.64% on the day.
XAU rose 0.67% to $2,695.21 an ounce.