\ud83d\udcc8 We\u2019re kicking off a new trading\u00a0week!<\/p>\n
\ud83c\udf0f Asian markets continue last week\u2019s declines \ud83d\udd3b despite better-than-expected Caixin Services PMI data \ud83d\udc4d. However, combined with the industrial report, December\u2019s overall economic outlook worsens (Composite reading)\u00a0\ud83d\ude15.<\/p>\n
\ud83d\ude1e Even Saturday\u2019s PBoC announcements didn\u2019t lift sentiment. New plans to stimulate the economy\u200a\u2014\u200aincluding more support for tech innovation \ud83d\udca1 and stock market liquidity \ud83d\udcb0\u200a\u2014\u200aweren\u2019t\u00a0enough.<\/p>\n
\ud83c\udde8\ud83c\udde6 The Canadian dollar is strengthening today \u2b06\ufe0f after Reuters reported PM Trudeau will resign on Wednesday\/Thursday.<\/p>\n
\ud83c\uddea\ud83c\uddfa European futures signal a slightly higher open \u2b06\ufe0f. Eurostoxx 50 contracts are up\u00a00.25%.<\/p>\n
\ud83c\uddef\ud83c\uddf5 USD\/JPY edged above 157.80 \u2b06\ufe0f. Today was Japan\u2019s first trading session of the year. BoJ Governor Ueda spoke but gave no clear hints on rate hikes. Nikkei lost 1.65% compared to the last 2024 session\u00a0\ud83d\udd3b.<\/p>\n
\ud83d\udd25\u26fd Natural gas surged over 8% today, boosted by forecasts of significant cooling in the eastern US\u00a0\u2744\ufe0f.<\/p>\n
\ud83d\udcb0\ud83d\ude80 Bitcoin bounced back over the weekend and is near the $100,000 mark\u00a0again!<\/p>\n
\ud83c\udf10 Investors are eyeing services PMI data from major economies today. December inflation from Germany could be key. We\u2019ll also get US durable goods orders during Wall Street\u2019s opening\u00a0hours.<\/p>\n
Stay informed and trade wisely with NordFX at https:\/\/nordfx.com\/<\/a>! \ud83d\udcca\u2728<\/p>\n Morning Update (06.01.2025)<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":" \ud83d\udcc8 We\u2019re kicking off a new trading\u00a0week! \ud83c\udf0f Asian markets continue last week\u2019s declines \ud83d\udd3b despite better-than-expected Caixin Services PMI data \ud83d\udc4d. However, combined with the industrial report, December\u2019s overall economic outlook worsens (Composite reading)\u00a0\ud83d\ude15. \ud83d\ude1e Even Saturday\u2019s PBoC announcements didn\u2019t lift sentiment. New plans to stimulate the economy\u200a\u2014\u200aincluding more support for tech innovation \ud83d\udca1 […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-33494","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/33494"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33494"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/33494\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}