01/02/2023
Today’s Announcements & News
Today’s Announcements & News
AU CoreLogic home value index January
NZ fourth-quarter jobless rate, private wages and employment at 8.45am AEDT
China Caixin manufacturing PMI January at 12.45pm AEDT
EU January CPI at 9pm AEDT, December unemployment rate
US ADP employment report January, December construction spending, ISM January manufacturing
Asia
Asian markets were all down on Tuesday as risk-off caused a broad selloff. But equity futures point to a higher open across the APAC region, with ASX futures up 0.43%, Nikkei 225 futures rising 0.48% and Hang Seng Index up 0.12%.
United States
All three major US benchmarks were to start the final hour of trading higher after wage cost data bolstered expectations the US Federal Reserve will ease back on interest rate increases this week.
The S&P 500 had its best month since October. The Nasdaq 100 rallied the most this month since July and had its best start to year since 2001.
Commodities
Russia supplied Europe with some 17 million tonnes of liquefied natural gas (LNG) last year, up about 20 per cent from 2021 volumes. Russian gas exports to Europe via pipelines plummeted to a post-Soviet low in 2022 as its largest customer cut imports due to the conflict in Ukraine, and a major pipeline was damaged by mysterious blasts. By increasing its total LNG exports in 2022 by 8.6 per cent to around 33 million tonnes (around 45 billion cubic metres).
Europe has been boosting imports of seaborne LNG amid a cut in pipeline gas supplies from Russia due to a deep political crisis over Ukraine.
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.
