{"id":56479,"date":"2023-01-13T18:59:45","date_gmt":"2023-01-13T07:59:45","guid":{"rendered":"https:\/\/icmarkets.eu\/blog\/?p=56479"},"modified":"2025-11-11T19:31:35","modified_gmt":"2025-11-11T08:31:35","slug":"friday-13th-january-2023-asian-markets-trading-end-the-second-week-of-the-year-on-positive-note","status":"publish","type":"post","link":"https:\/\/icmarkets.eu\/blog\/fundamental-analysis\/friday-13th-january-2023-asian-markets-trading-end-the-second-week-of-the-year-on-positive-note\/","title":{"rendered":"Friday 13th January 2023 : Asian markets trading end the second week of the year on positive note"},"content":{"rendered":"<h3><span style=\"font-weight: 400;\">Global Markets:<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Asian Stock Markets : Nikkei down 1.25%, Shanghai Composite up 0.95%, Hang Seng up 0.94%, ASX up 0.66%<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Commodities : Gold at $1899.55 (+0.04%), Silver at $23.88 (-0.52%), Brent Oil at $83.84 (-0.23%), WTI Oil at $78.31 (-0.10%)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Rates : US 10-year yield at 3.450, UK 10-year yield at 3.367, Germany 10-year yield at 2.154<\/span><\/li>\n<\/ul>\n<h3><span style=\"font-weight: 400;\">News &amp; Data:<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">(USD) Unemployment Claims 205K vs 216K expected<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">(USD) Core CPI m\/m 0.30% vs 0.30% expected<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">(USD) CPI y\/y 6.50% vs 6.50% expected<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">(USD) CPI m\/m -0.10% vs -0.10% expected\u00c2&nbsp;<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3><span style=\"font-weight: 400;\">Markets Update:<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from global markets overnight, as data showing a drop in U.S. consumer prices inflation in the month of December, the first time in more than two and a half years, raised expectations the US Fed will slow down the pace of its interest rate hikes in the coming months. The US Fed is still widely expected to raise rates by at least 25 basis points at its next meeting.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Japanese stock market is significantly lower on Friday, as a stronger yen weighed on exporters, partially offset by gains in technology and financial stocks with traders digesting the softer than expected US inflation data. Chinese stocks rose amid continued optimism over an economic rebound in the country, after the country reopened its international borders for the first time in three years. The Australian stock market is significantly higher with gains across most sectors, led by mining and energy stocks amid continued strength in commodity prices.\u00c2&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Crude oil futures settled higher on Thursday, gaining for a sixth straight session on a weaker dollar and data showing a slowdown in U.S. inflation.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">Upcoming Events:<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">07:00 AM GMT &#8211; (GBP) GDP m\/m<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">03:00 PM GMT &#8211; (USD) Prelim UoM Consumer Sentiment<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">03:00 PM GMT &#8211; (USD) Prelim UoM Inflation Expectations<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian Stock Markets : Nikkei down 1.25%, Shanghai Composite [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":62731,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,215,339],"tags":[],"class_list":["post-56479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental-analysis","category-market-analysis","category-recent-posts"],"_links":{"self":[{"href":"https:\/\/icmarkets.eu\/blog\/wp-json\/wp\/v2\/posts\/56479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icmarkets.eu\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icmarkets.eu\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icmarkets.eu\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/icmarkets.eu\/blog\/wp-json\/wp\/v2\/comments?post=56479"}],"version-history":[{"count":2,"href":"https:\/\/icmarkets.eu\/blog\/wp-json\/wp\/v2\/posts\/56479\/revisions"}],"predecessor-version":[{"id":62773,"href":"https:\/\/icmarkets.eu\/blog\/wp-json\/wp\/v2\/posts\/56479\/revisions\/62773"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/icmarkets.eu\/blog\/wp-json\/wp\/v2\/media\/62731"}],"wp:attachment":[{"href":"https:\/\/icmarkets.eu\/blog\/wp-json\/wp\/v2\/media?parent=56479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icmarkets.eu\/blog\/wp-json\/wp\/v2\/categories?post=56479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icmarkets.eu\/blog\/wp-json\/wp\/v2\/tags?post=56479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}