{"id":69053,"date":"2025-01-31T17:35:20","date_gmt":"2025-01-31T06:35:20","guid":{"rendered":"https:\/\/www.icmarkets-vni.com\/blog\/?p=69053"},"modified":"2025-08-06T18:28:22","modified_gmt":"2025-08-06T08:28:22","slug":"friday-31st-january-2025-asian-markets-rise-amid-wall-street-gains","status":"publish","type":"post","link":"https:\/\/www.icmarkets-vnk.com\/blog\/friday-31st-january-2025-asian-markets-rise-amid-wall-street-gains\/","title":{"rendered":"Friday 31st January 2025: Asian Markets Rise Amid Wall Street Gains"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><br \/>Global Markets:<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&nbsp;Asian Stock Markets : Nikkei up 0.53%, Shanghai Composite down 0.06%, Hang Seng up 0.14% ASX up 0.45%<\/li>\n\n\n\n<li>Commodities : Gold at $2847.35 (0.13%), Silver at $32.65 (0.68%), Brent Oil at $76.49 (0.59%), WTI Oil at $73.34 (0.83%)<\/li>\n\n\n\n<li>Rates : US 10-year yield at 4.545, UK 10-year yield at 4.5590, Germany 10-year yield at 2.517<\/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>(EUR) Man Refinancing&nbsp; Rate&nbsp; 2.90% vs 2.90% expected<\/li>\n\n\n\n<li>(USD) Unemployment Claims&nbsp; 207K to 224K expected<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Markets Update:<\/h3>\n\n\n\n<p>Asian markets mostly rose on Friday, tracking Wall Street\u2019s gains as investors analyzed Big Tech earnings. Japan\u2019s Nikkei 225 added 0.24%, while the Topix index climbed 0.21%. Tokyo\u2019s core consumer price index rose 2.5% year-over-year in January, in line with expectations. Japan\u2019s unemployment rate dipped to 2.4% in December but missed estimates, while retail sales grew 3.7%. Industrial output increased 0.3%, rebounding from a 2.2% decline in the previous month.<\/p>\n\n\n\n<p>South Korea\u2019s Kospi fell 1.14% after a four-day break, while the Kosdaq slipped 0.36%. Australia\u2019s S&amp;P\/ASX 200 gained 0.45%, closing at a record high of 8,532.30, marking its third straight day of gains. The country\u2019s producer price index rose 3.7% in the December 2024 quarter, according to data from the Australian Bureau of Statistics. Indian markets moved higher ahead of the Union Budget, with the Nifty 50 rising 0.71% and the BSE Sensex up 0.58%. Meanwhile, Hong Kong and Chinese markets remained closed for the Lunar New Year holiday.<\/p>\n\n\n\n<p>In the U.S., all three major indexes advanced. The Dow Jones Industrial Average climbed 168.61 points (0.38%) to close at 44,882.13, after briefly gaining nearly 300 points. The S&amp;P 500 rose 0.53% to 6,071.17, while the Nasdaq Composite added 0.25% to finish at 19,681.75. Investors reacted positively to earnings reports but remained cautious about potential economic headwinds.<\/p>\n\n\n\n<p>Stocks trimmed gains late in the session following an announcement by U.S. President Donald Trump, who signaled plans to impose 25% tariffs on imports from Canada and Mexico. The news introduced fresh uncertainty into the markets, dampening the earlier rally.<\/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; CAD GDP m\/m<\/li>\n\n\n\n<li>01:30 PM GMT &#8211; USD Core PCE Price Index m\/m<\/li>\n\n\n\n<li>01:30 PM GMT &#8211; USD Employment Cost Index q\/q<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: News &amp; Data: Markets Update: Asian markets mostly rose [&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-69053","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\/69053","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=69053"}],"version-history":[{"count":2,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/69053\/revisions"}],"predecessor-version":[{"id":69058,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/posts\/69053\/revisions\/69058"}],"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=69053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/categories?post=69053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets-vnk.com\/blog\/wp-json\/wp\/v2\/tags?post=69053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}