EUR/USD
1.18959
0.635%
Gold
5092.89
2.236%
Oil
60.499
-0.917%
USD/JPY
153.809
-1.286%
GBP/USD
1.37057
0.510%
GBP/JPY
210.812
-0.782%
Real-time News
The Dallas Fed Manufacturing Raw Materials Payments Index for January was 37.1, down from 36 in the previous month.The Dallas Feds manufactured goods price index for January was 18.5, down from 8.2 in the previous month.The Dallas Fed Business Activity Index for January was -1.2, revised from -10.9 to -11.3 in the previous month.U.S. natural gas futures extended their gains, surging 20% to their highest level since December 2022. This surge was driven by news that U.S. natural gas production fell to its lowest level in two years due to wells freezing caused by a sharp drop in temperature.U.S. stocks rose in early trading on Monday as investors weighed new trade and policy risks and a strong start to fourth-quarter corporate earnings. Mining companies Freeport-McMoRan and Newmont were among the best performers as precious metal prices surged. Tom Essaye, founder of Sevens Report, said, “Today’s focus includes the rising risk of a U.S. government shutdown and the threat of tariffs on Canada. Any news that increases the likelihood of a shutdown or that the tariff threat might be implemented will weigh on the market, while a de-escalation will help drive a rebound.” However, investors remain skeptical about the likelihood of Trump implementing the tariff threat. Deutsche Bank noted that equity positions are generally trending sideways, while autonomous positions continue to shift from large-cap growth and technology stocks to cyclical stocks. JPMorgan Chase pointed out that reports so far this earnings season show that growth outside the technology sector is expanding. The main event this week is the Federal Reserve’s interest rate decision, with the market widely expecting no change.
