fbpx

Beware of fraudulent websites impersonating us. Verify website URLs and legal entity details. Avoid unsolicited emails and report suspicious activity.
Your safety is paramount. Thank you for your attention and cooperation. See more details​


12/01/2024

Today’s Announcements & News

Asia

Japan led gains in Asia, with the Nikkei 225 surging 1.77% to surpass the 35,000 mark for the first time since February 1990. South Korea’s Kospi slipped, while the Kosdaq rose. The Bank of Korea maintained its main lending rate at 3.50%. Hong Kong’s Hang Seng index surged 1.32%, and China’s CSI 300 rebounded from a near five-year low. Australia’s S&P/ASX 200 rose 0.5%, recovering from Wednesday’s losses. Investors awaited U.S. inflation data for December.

US

Stocks edged slightly higher on Thursday, with the S&P 500 up 0.1% and the Nasdaq Composite hovering around flat. The Dow Jones Industrial Average gained 26 points. Despite slightly higher-than-expected consumer price index data for December, the S&P 500 briefly traded above its record closing high of 4,796.56. The report showed a 0.3% increase in consumer prices, pushing the annual rate to 3.4%, slightly surpassing economists’ predictions.

Commodity

Oil prices rose nearly 1% on Thursday after Iran seized an oil tanker off the coast of Oman, heightening concerns about escalating conflict in the Middle East. The West Texas Intermediate futures for February settled at $72.02 a barrel, up 0.91%, while the Brent futures for March gained 0.79% to settle at $77.41 a barrel. Gold prices initially rose but later pared gains after higher-than-expected U.S. consumer prices data for December, impacting concerns about prolonged restrictive interest rates, which boosted the dollar and Treasury yields. Spot gold was down 0.4% at $2,014.89 per ounce, and U.S. gold futures fell 0.4% to $2019.3.

The above analysis is only for the views of market researchers and is for reference only and is not regarded as a specific investment suggestion.

FPG LIVE SUPPORT

Welcome to FortunePrime Live Support.
Please select how you would like to be contacted.

FPG Live Support

Welcome to FortunePrime Live Support.
Please select how you would like to be contacted.

FPG Live Support

Welcome to FortunePrime Live Support.
Please select how you would like to be contacted.

WeChat: FPG_01

Please add the WeChat FPG_01, or scan the QR code.

WeChat: FPG_01

Please add the WeChat FPG_01, or scan the QR code.