Today’s Market News |
Key developments to markets on Monday: |
|
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading lower
|
44,546.08 | -165.35 | 0.37%Negative |
|
trading higher
Nasdaq Composite Index
.IXIC |
20,026.77 | +81.13 | 0.41%Positive |
|
trading lower
S&P 500 Index
.SPX |
6,114.63 | -0.44 | 0.01%Negative |
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading higher
Nikkei Index
.N225 |
39,206.46 | +57.03 | 0.15%Positive |
|
trading higher
Hang Seng Index
.HSI |
22,661.90 | +41.57 | 0.18%Positive |
|
trading lower
S&P BSE SENSEX Index
.BSESN |
75,423.58 | -515.63 | 0.68%Negative |
Fixed Income
US 10-year Treasuries yield holding at 4.478%, well off a top of 4.660% hit last week. U.S. markets clsoed for holiday.
Equities
Asia shares higher as Hong Kong’s tech stole limelight, upbeat Japanese economic growth contrasted with weak U.S. retail sales lift JPY on USD. For now, investors are relieved major tariffs had not already been introduced.
MSCI’s broadest of APAC ex-Japan (.MIAPJ0000PUS), firmed 0.3%.
Nikkei up 0.1% after Japan reported strong economic growth of 2.8% for 4th quarter.
China CSI 300 flat, with recent moves led by Hang Seng which jumped 7% last week on optimism of Chinese AI.
24% jump in Alibaba on news it would partner with Apple to support iPhones’ artificial intelligence services offering in China.
Forex
US yield drops undermined left DXY at 106.84 after a loss of 1.2% last week.
EUR firm at $1.0498 , having rallied 1.6% last week.
GBP at $1.2592 ahead of a raft of UK data including employment, wages and consumer prices,
Commodity
XAU near record highs at $2,894 an ounce having rallied for 7th weeks straight.
Brent slipped 12 cents to $74.62 a barrel, U.S. crude fell 19 cents to $70.55 per barrel.
For more news visit Reuters.com
