The NYSE will close on Monday in honor of Martin Luther King Day.

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 330.30 points or -1.25% to 26,119.52
• Shanghai increased 31.85 points or 1.01% to 3,195.31
• Hang Seng increased 224.56 points or 1.04% to 21,738.66
• ASX 200 increased 47.70 points or 0.66% to 7,328.10
• Kospi increased 20.99 points or 0.89% to 2,386.09
• SENSEX increased 303.15 points or 0.51% to 60,261.18
• Nifty50 increased 98.40 points or 0.55% to 17,956.60

The major Asian currency markets had a negative day today:

• AUDUSD decreased 0.00070 or -0.10% to 0.69653
• NZDUSD decreased 0.00230 or -0.36% to 0.63711
• USDJPY decreased 1.508 or -1.17% to 127.712
• USDCNY decreased 0.01660 or -0.25% to 6.70851

Precious Metals:

• Gold increased 20.22 USD/t oz. or 1.07% to 1,917.08
• Silver increased 0.450 USD/t. oz or 1.89% to 24.225

Some economic news from last night:

China:

Exports (YoY) (Dec) decreased from -8.7% to -9.9%

Imports (YoY) (Dec) increased from -10.6% to -7.5%

Trade Balance (USD) (Dec) increased from 69.84B to 78.00B

Australia:

Home Loans (MoM) increased from -5.6% to -2.0%

Some economic news from today:

India:

Bank Loan Growth decreased from 17.4% to 14.9%

Deposit Growth decreased from 9.4% to 9.2%

FX Reserves, USD decreased from 562.85B to 561.58B

EUROPE/EMEA:

The major Europe stock markets had a green day:

• CAC 40 increased 47.82 points or 0.69% to 7,023.50
• FTSE 100 increased 50.03 points or 0.64% to 7,844.07
• DAX 30 increased 28.22 points or 0.19% to 15,086.52

The major Europe currency markets had a mixed day today:

• EURUSD decreased 0.00173 or -0.16% to 1.08287
• GBPUSD increased 0.00097 or 0.08% to 1.22097
• USDCHF decreased 0.00144 or -0.16% to 0.92606

Some economic news from Europe today:

UK:

NIESR Monthly GDP Tracker increased from -0.3% to 0.1%

GDP (MoM) decreased from 0.5% to 0.1%

GDP (YoY) decreased from 1.5% to 0.2%

Industrial Production (MoM) (Nov) decreased from -0.1% to -0.2%

Manufacturing Production (MoM) (Nov) decreased from 0.7% to -0.5%

Trade Balance (Nov) decreased from -12.26B to -15.62B

Trade Balance Non-EU (Nov) decreased from -3.00B to -4.67B

France:

French CPI (MoM) (Dec) decreased from 0.3% to -0.1%

French HICP (MoM) (Dec) decreased from 0.4% to -0.1%

Spain：

Spanish CPI (YoY) (Dec) decreased from 6.8% to 5.7%

Spanish HICP (YoY) (Dec) decreased from 6.7% to 5.5%

Euro Zone:

Industrial Production (MoM) (Nov) increased from -1.9% to 1.0%

Trade Balance (Nov) increased from -27.0B to -11.7B

US/AMERICAS:

Treasury Secretary Janet Yellen issued a stark warning to U.S. Congress – the U.S. will reach the statutory debt limit by next Thursday. The Treasury Department will begin taking “extraordinary measures” to prevent a default. Yellen is urging Congress to pass legislation to protect the credit of the nation. “Failure to meet the government’s obligations would cause irreparable harm to the U.S. economy, the livelihoods of all Americans, and global financial stability,” Yellen advised.

US Market Closings:

• Dow advanced 112.64 points or 0.33% to 34,302.61
• S&P 500 advanced 15.92 points or 0.4% to 3,999.09
• Nasdaq advanced 78.05 points or 0.71% to 11,079.16
• Russell 2000 advanced 10.97 points or 0.58% to 1,887.03

Canada Market Closings:

• TSX Composite advanced 148.9 points or 0.74% to 20,360.1
• TSX 60 advanced 10.53 points or 0.87% to 1,226.55

Brazil Market Closing:

• Bovespa declined 934.14 points or -0.84% to 110,916.08

ENERGY:

The oil markets had a mixed day today:

• Crude Oil increased 0.981 USD/BBL or 1.25% to 79.371
• Brent increased 0.932 USD/BBL or 1.11% to 84.962
• Natural gas decreased 0.1452 USD/MMBtu or -3.93% to 3.5498
• Gasoline increased 0.0319 USD/GAL or 1.29% to 2.5072
• Heating oil increased 0.0535 USD/GAL or 1.66% to 3.2725

The above data was collected around 13:06 EST on Friday

• Top commodity gainers: Heating Oil (1.66%), Gasoline (1.29%), Silver (1.89%) and Zinc (2.70%)
• Top commodity losers: Methanol (-2.15%), Palm Oil (-1.79%), Butter (-1.48%) and Natural Gas (-3.93%)

The above data was collected around 13:13 EST Friday.

BONDS:

Japan 0.512% (+0.7bp), US 2’s 4.21% (+0.067%), US 10’s 3.4906% (+4.36bps); US 30’s 3.61% (+0.031%), Bunds 2.169% (+3.7bp), France 2.638% (+1.4bp), Italy 4.004% (+0.6bp), Turkey 10.15% (+24bp), Greece 4.112% (+6.8bp), Portugal 3.094% (+1.3bp); Spain 3.175% (+2.3bp) and UK Gilts 3.373% (+3.8bp).

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