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Global Market Quick Take: Asia – December 27, 2023
Overnight, the S&P500 rose 0.4% to 4,775, nearing its January 2022 record. The Nasdaq 100 also increased to 16,878. The summary of opinion of BoJ’s December meeting, released this morning, was somewhat dovish, showing no sense of urgency to end the ultra-loose policies. USDJPY rebounded moderately to 142.60. Crude oil rallied, WTI reaching $75.6 (+2.7%) and Brent at $81.1 (+2.5%). Last Friday, Hang Seng and Hang Seng Tech Index suffered declines due to tightened regulations on online gaming in China. table US Equities: On Tuesday, the S&P500 gained 0.4% to 4,775, just a touch below its record high in January ... (full story)