MARKET WRAP: STOCKS, BONDS, COMMODITIES
U.S. markets were closed on Monday (January 15) for the Martin Luther King Jr. Day holiday.
European stocks closed lower on Monday, with the DAX 40 falling 0.49%, the CAC 40 down 0.72%, and the FTSE 100 down 0.39%.
U.S. WTI crude-oil futures declined $0.18 (0.25%) to $72.50 a barrel, and Brent crude-oil futures were down $0.14 (-0.20%) to $78.15 a barrel.
Gold price retreated $8 (0.28%) to $2,054 an ounce.
MARKET WRAP: FOREX
The U.S. dollar index held firm at 102.59.
EUR/USD edged up 2 pips to 1.0951. The Eurozone's data showed that industrial production declined 0.3% on month in November (vs -0.6% expected).
Germany's gross domestic product shrank 0.3% on year in 2023 (as expected), compared to a growth of 1.8% in 2022.
USD/JPY gained 88 pips to 145.78. This morning, Japan's data showed that producer prices were unchanged on year in December (vs -0.2% expected, +0.3% in November).
GBP/USD slipped 24 pips to 1.2727.
AUD/USD fell 26 pips to 0.6659. Australia's Westpac consumer confidence index declined to 81.0 in January (vs a rise to 82.5 expected).
USD/CHF rose 36 pips to 0.8558.
USD/CAD climbed 21 pips to 1.3429. Canada's data showed that manufacturing sales grew 1.2% on month in November (as expected).
Bitcoin kept trading at levels below $43,000.
https://bit.ly/3GzD19B
Use code 'fx' for 5% discount
U.S. markets were closed on Monday (January 15) for the Martin Luther King Jr. Day holiday.
European stocks closed lower on Monday, with the DAX 40 falling 0.49%, the CAC 40 down 0.72%, and the FTSE 100 down 0.39%.
U.S. WTI crude-oil futures declined $0.18 (0.25%) to $72.50 a barrel, and Brent crude-oil futures were down $0.14 (-0.20%) to $78.15 a barrel.
Gold price retreated $8 (0.28%) to $2,054 an ounce.
MARKET WRAP: FOREX
The U.S. dollar index held firm at 102.59.
EUR/USD edged up 2 pips to 1.0951. The Eurozone's data showed that industrial production declined 0.3% on month in November (vs -0.6% expected).
Germany's gross domestic product shrank 0.3% on year in 2023 (as expected), compared to a growth of 1.8% in 2022.
USD/JPY gained 88 pips to 145.78. This morning, Japan's data showed that producer prices were unchanged on year in December (vs -0.2% expected, +0.3% in November).
GBP/USD slipped 24 pips to 1.2727.
AUD/USD fell 26 pips to 0.6659. Australia's Westpac consumer confidence index declined to 81.0 in January (vs a rise to 82.5 expected).
USD/CHF rose 36 pips to 0.8558.
USD/CAD climbed 21 pips to 1.3429. Canada's data showed that manufacturing sales grew 1.2% on month in November (as expected).
Bitcoin kept trading at levels below $43,000.
https://bit.ly/3GzD19B
Use code 'fx' for 5% discount