Marcus Today Pre-Market Podcast – Wednesday 18th January

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Manage episode 352779331 series 2991632
Marcus Today द्वारा - Player FM और हमारे समुदाय द्वारा खोजे गए - कॉपीराइट प्रकाशक द्वारा स्वामित्व में है, Player FM द्वारा नहीं, और ऑडियो सीधे उनके सर्वर से स्ट्रीम किया जाता है। Player FM में अपडेट ट्रैक करने के लिए ‘सदस्यता लें’ बटन दबाएं, या फीड यूआरएल को अन्य डिजिटल ऑडियो फ़ाइल ऐप्स में पेस्ट करें।

The Dow Jones fell 392 points (-1.14%) the NASDAQ finished 0.14% higher and the S&P 500 lost 0.20%. European markets were mostly higher, with STOXX 600 +0.40%, UK FTSE -0.12%, France +0.48%, Italy +0.31%, Greece +0.59%, and German DAX finished +0.35% higher. SPI Futures are up 14 points (+0.19%).
In commodities, Copper rose to a 7-month high on Chinese demand despite data pointing to weak demand in the near term. Aluminium was down 0.1% as data showed China’s aluminium production grew by 4.5%. Zinc and tin were down 0.3% and 0.1%. Nickel and lead were up 1.7% and 0.1%. Gold fell overnight from an 8-month high on hopes the Fed would take a less aggressive stance on interest rates. Iron ore down 1.1% overnight. Goldman-Sachs saying gold could hit $1950/oz in 2023 thanks to the Lunar New Year Holiday in China. Brent Oil and WTI were up 2.97% and 1.73%, the highest level since December on hopes of global demand increasing.
Tune in to Henry Jennings’ Pre-Market Podcast to get in the know for the day ahead.
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