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​


23/01/2024

Today’s Announcements & News

Asia

Asia-Pacific markets showed mixed performance on Monday. Japan’s Nikkei 225 surged to a near 34-year high, closing 1.62% higher, while the broader Topix gained 1.39%. Hong Kong’s Hang Seng index fell 2.52%, led by declines in real estate stocks, following the People’s Bank of China’s decision to keep loan prime rates unchanged. China’s CSI 300 index ended 1.56% lower. Australia’s S&P/ASX 200 closed 0.75% higher, and South Korea’s Kospi fell 0.34%. The Bank of Japan initiated its two-day monetary policy meeting, with the policy decision scheduled for Tuesday. Japan and South Korea are set to release economic data later in the week.

US

Stocks rose on Monday, with the Dow Jones Industrial Average climbing 0.4%, reaching a new record and trading above 38,000 for the first time during the session. The S&P 500 added 0.4%, also reaching a fresh all-time high, and the Nasdaq Composite advanced 0.5%. Macy’s rose over 3% after rejecting a $5.8 billion proposal to take the retailer private. SolarEdge jumped over 4% after announcing a workforce reduction. Archer-Daniels-Midland plunged more than 22% after issuing weak earnings guidance, and B Riley Financial slipped over 4% amid reports of regulatory investigations. These gains followed the S&P 500 breaking above its previous record highs on Friday.

Commodity

Oil prices rose on Monday after reports of Ukraine attacking a major Russian fuel terminal over the weekend, raising concerns about supply disruptions. The West Texas Intermediate (WTI) futures contract for February gained 2.42%, settling at $75.19 a barrel, while the Brent contract for March rose 1.91%, settling at $80.06 a barrel. Meanwhile, gold prices eased as investors adjusted expectations of a U.S. interest rate cut, with spot gold down 0.4% at $2,021.19 per ounce, and U.S. gold futures falling 0.3% to $2,022.9.

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.