The dollar on its way to its sixth weekly gain; decline in Asian markets, mixed situation in Europe – Global markets today while the US slept

The dollar on its way to its sixth weekly gain; decline in Asian markets, mixed situation in Europe – Global markets today while the US slept
The dollar on its way to its sixth weekly gain; decline in Asian markets, mixed situation in Europe – Global markets today while the US slept

On Thursday, January 9, American markets were closed as a sign of respect for the deceased former President Jimmy Carter.

US futures at 6:00 a.m. (EST)

  • Dow futures fell 0.10%, S&P 500 futures fell 0.21% and Nasdaq 100 futures fell 0.23%.
  • US stock futures fell, weighed down by optimism from the Fed, a strong labor market and inflation fears. Markets are waiting for December employment figures to get an idea of ​​the rate. Earnings season and rising oil prices are also at work.

Asian markets today

  • On Friday, the Nikkei 225 closed down 1.04% at 39,208.50, hurt by losses in the shipbuilding, energy and insurance sectors.
  • Australia’s S&P/ASX 200 index fell 0.42% to end the session at 8,294.10, with the fall led by declines in the financial, consumer staples and healthcare sectors.
  • India’s Nifty 50 closed 0.38% lower at 23,437.35, and the Nifty 500 fell 1.11% to 21,801.10. The losses were caused by the energy, real estate and public enterprise sectors.
  • China’s Shanghai Composite lost 1.33% and closed at 3,168.52, while the Shenzhen CSI 300 fell 1.25% and ended the day at 3,732.48.
  • Hong Kong’s Hang Seng closed the session down 0.92% at 19,064.29.

Eurozone at 6:00 a.m. (EST)

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  • The European STOXX 50 index increased by 0.09%.
  • The German DAX gained 0.20%.
  • The French CAC 40 increased by 0.21%.
  • The UK’s FTSE 100 index fell 0.25%.

Raw materials at 6:00 a.m. (EST)

  • WTI crude oil was trading 2.25% higher at $75.81 a barrel, and oil benchmark Brent was up 2.46% at $78.83 a barrel.
  • Oil prices rose for the third straight week as investors worried about a shortage caused by sanctions on Russia and Iran, cold weather boosting fuel demand, and inflation fears despite the strength of the American dollar.
  • Natural gas rose 4.16% to $3.852.
  • Gold was trading 0.63% higher at $2,709.21, silver rose 0.61% to $31.230, and copper climbed 0.69% to $4.3395.

Forex at 6:00 a.m. (EST)

  • The U.S. Dollar Index fell 0.01% to 109.17, USD/JPY rose 0.01% to 158.08 and USD/AUD gained 0.12% to 1.6159 .
  • The U.S. dollar is on track for a sixth consecutive weekly gain, driven by high U.S. Treasury yields, inflation fears and expectations of strong employment figures in the nonprofit agricultural sector, which could mean a long-term maintenance of higher rates.

Photo via Shutterstock

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