{"id":68883,"date":"2025-01-16T17:26:34","date_gmt":"2025-01-16T06:26:34","guid":{"rendered":"https:\/\/www.icmarkets-vni.com\/blog\/?p=68883"},"modified":"2025-08-06T18:46:24","modified_gmt":"2025-08-06T08:46:24","slug":"thursday-16th-january-2025-asia-pacific-markets-rise-amid-u-s-gains-and-central-bank-decisions","status":"publish","type":"post","link":"https:\/\/www.icmarkets-vnk.com\/blog\/thursday-16th-january-2025-asia-pacific-markets-rise-amid-u-s-gains-and-central-bank-decisions\/","title":{"rendered":"Thursday 16th January 2025: Asia-Pacific Markets Rise Amid U.S. Gains and Central Bank Decisions"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Global Markets:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&nbsp;Asian Stock Markets : Nikkei up 0.01%, Shanghai Composite up 0.07%, Hang Seng up 0.77% ASX up 1.38%<\/li>\n\n\n\n<li>Commodities : Gold at $2725.35 (0.26%), Silver at $31.4 (0.18%), Brent Oil at $82.09 (0.29%), WTI Oil at $78.7 (0.03%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.654, UK 10-year yield at 4.7305, Germany 10-year yield at 2.5275<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">News &amp; Data:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>(USD) Core CPI m\/m&nbsp; 0.2% vs 0.3% expected<\/li>\n\n\n\n<li>(USD) CPI m\/m&nbsp; 0.4% vs 0.4% expected<\/li>\n\n\n\n<li>(USD) CPI y\/y&nbsp; 2.9% vs 2.9% expected<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Markets Update:<\/h3>\n\n\n\n<p>Asia-Pacific markets mostly advanced Thursday, buoyed by strong U.S. market gains driven by a surprising decline in December&#8217;s core inflation and robust bank earnings. South Korea&#8217;s central bank held its benchmark rate steady at 3%, defying expectations of a 25-basis-point cut. Following the announcement, the Kospi rose 1.16%, and the Kosdaq climbed 1.65%, with the won trading at 1,456.91 per dollar.<\/p>\n\n\n\n<p>Japan&#8217;s Nikkei 225 increased 0.27%, and the Topix edged up 0.09%. Meanwhile, Japan&#8217;s producer price index rose 3.8% in December, aligning with forecasts. Hong Kong&#8217;s Hang Seng gained 0.57%, while mainland China&#8217;s CSI 300 slipped 0.35%. Australia\u2019s S&amp;P\/ASX 200 climbed 1.38%, as the nation&#8217;s unemployment rate ticked up to 4% in December, meeting estimates.<\/p>\n\n\n\n<p>In the U.S., stocks had their best day since November 6. The Nasdaq Composite surged 2.45%, the S&amp;P 500 added 1.83%, and the Dow Jones fell slightly by 1.65%. The benchmark 10-year Treasury yield dropped 13 basis points to 4.65%, following the CPI report.<\/p>\n\n\n\n<p>Oil prices rose amid news of an Israel-Hamas ceasefire and hostage deal. Brent crude increased 3.22%, while WTI gained 0.3%, settling at $80.28 per barrel.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Upcoming Events:&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>01:30 PM GMT &#8211; USD Core Retail Sales m\/m<\/li>\n\n\n\n<li>01:30 PM GMT &#8211; USD Retail Sales m\/m<\/li>\n\n\n\n<li>01:30 PM GMT &#8211; USD Unemployment Claims<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: Asia-Pacific markets mostly advanced [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":71231,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,215,339],"tags":[],"class_list":["post-68883","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental-analysis","category-market-analysis","category-recent-posts"],"_links":{"self":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/68883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/comments?post=68883"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/68883\/revisions"}],"predecessor-version":[{"id":68888,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/68883\/revisions\/68888"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/media\/71231"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/media?parent=68883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/categories?post=68883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/tags?post=68883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}