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Michigan Post > Blog > Economics > Market Speak – January 7, 2025 | Economics
Economics

Market Speak – January 7, 2025 | Economics

By Editorial Board Published February 7, 2025 3 Min Read
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Market Speak – January 7, 2025 | Economics

ASIA:

The main Asian inventory markets had a blended day immediately:

• NIKKEI 225 decreased 279.51 factors or -0.72% to 38,787.02

• Shanghai elevated 33.01 factors or 1.01% to three,303.67

• Dangle Seng elevated 241.92 factors or 1.16% to 21,133.54

• ASX 200 decreased 9.30 factors or -0.11% to eight,511.40

• SENSEX decreased 197.97 factors or -0.25% to 77,860.19

• Nifty50 decreased 43.40 factors or -0.18% to 23,559.95

The main Asian forex markets had a blended day immediately:

• 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 elevated 0.01391 or 0.19% to 7.30326

The above knowledge was collected round 16:06 EST.

Valuable Metals:

•  Gold elevated 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 knowledge was collected round 16:10 EST.

EUROPE/EMEA:

The main Europe inventory markets had a detrimental day immediately:

•  CAC 40 decreased 34.59 factors or -0.43% to 7,973.03

•  FTSE 100 decreased 26.75 factors or -0.31% to eight,700.53

•  DAX 30 decreased 115.42 factors or -0.53% to 21,787.00

The main Europe forex markets had a blended day immediately:

• EURUSD decreased 0.00523 or -0.50% to 1.03312

• GBPUSD decreased 0.00247 or -0.20% to 1.24103

• USDCHF elevated 0.00437 or 0.48% to 0.90942

The above knowledge was collected round 16:16 EST.

US/AMERICAS:

US Market Closings:

Dow declined 444.23 factors or -0.99% to 44,304.4
S&P 500 declined 57.58 factors or -0.95% to six,025.99
Nasdaq declined 269.59 factors or -1.36% to 19,523.4
Russell 2000 declined 27.41 factors or -1.19% to 2,279.71

 

Canada Market Closings:

TSX Composite declined 91.58 factors or -0.36% to 25,442.91
TSX 60 declined 6.68 factors or -0.43% to 1,529.75

 

Brazil Market Closing:

Bovespa declined 1.605.34 factors or -1.27% to  124,619.4

ENERGY:

The oil markets had a blended day immediately:

•  Crude Oil elevated 0.377 USD/BBL or 0.53% to 70.987

•  Brent elevated 0.302 USD/BBL or 0.41% to 74.592

•  Pure gasoline decreased 0.1003 USD/MMBtu or -2.94% to three.3077

•  Gasoline elevated 0.0281 USD/GAL or 1.35% to 2.1031

•  Heating oil elevated 0.0288 USD/GAL or 1.20% to 2.4352

The above knowledge was collected round 16:18 EST.

•  High commodity gainers: Copper (2.94%), Palm Oil (3.13%), HRC Metal (2.03%) and Espresso (2.10%)

•  High commodity losers: Orange Juice (-3.21%), Oat (-3.78%), Pure Gasoline (-2.94%) and Cheese (-2.27%)

The above knowledge was collected round 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 knowledge was collected round 16:28 EST.

TAGGED:ArmstrongEconomicsJanuaryMarketTalk
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