Market update - January 13th
from The Trading Pair Hosted by Jayanjan Mukherjee
Hello and welcome to your quick market update for Monday, January 13th! New Zealand building consents rebounded sharply by 5.3%, while in Australia, inflationary pressures increased with a 0.6% rise in the MI Inflation Gauge. Chinese trade data beat expectations, with the trade balance hitting $104.8 billion in USD terms, signaling strong export demand. Meanwhile, Swiss consumer sentiment improved slightly but remains cautious at -30. In the markets, Bitcoin is up 0.8% at $28,100, gold is down 0.2% to $1,920, and silver is off 0.4%, trading at $23.90. For the U.S. Dollar Index, stronger global data and improving risk sentiment may put pressure on the dollar as investors lean away from safe havens. That’s it for today! Stay tuned for more updates tomorrow.
Embed this episode
No transcript yet.