Morning Update (14.01.2025)<\/p>\n
\ud83d\udcca Positive sentiment returns in Asia
Tuesday\u2019s Asian session shows improved sentiment after Monday\u2019s stock market jitters. The CHN.cash index is up by an impressive 2.5% today! While detailed updates from China are scarce, Wall Street\u2019s technical performance is boosting Asian\u00a0markets.<\/p>\n
\ud83d\udcc8 Key support levels defended in the US
The US100 index closed above its 100-day EMA yesterday, reinforcing the medium-term uptrend. Similarly, the US500 and US2000 indices held their 100-day and 200-day EMAs, respectively, highlighting strong support from\u00a0buyers.<\/p>\n
\ud83d\udcb5 US Dollar rally slows
The USD eased its gains following news that Trump\u2019s economic team is considering gradual tariff increases, phasing them in by 2%-5% per month. This approach aims to strengthen Trump\u2019s negotiating position without triggering sharp inflation spikes.<\/p>\n
\ud83d\udcb9 FX market action
The Japanese yen is underperforming despite the BoJ\u2019s Himino stating that the central bank will discuss a potential rate hike during its January 23\/24 meeting, factoring in updated growth and inflation projections.<\/p>\n
\ud83d\udcc5 Today\u2019s economic highlights<\/p>\n
US PPI data is in focus.
Fed speeches by Williams and Schmid may provide market insights.
\ud83d\udcb0 Bitcoin bounce back
Bitcoin is recovering, trading above $94,500 after dropping below $90,000 yesterday with a 5% slide.\u00a0\ud83d\ude80<\/p>\n
\ud83d\udee2\ufe0f Commodities update<\/p>\n
NATGAS: \u2b07\ufe0f ~2%
WTI crude oil: \u2b07\ufe0f ~0.4%
Gold: \u2b06\ufe0f ~0.2%
\ud83d\udcc8 Stay tuned for more updates and have a great trading day!\u00a0\ud83c\udf1f<\/p>\n
Morning Update (14.01.2025)<\/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":" Morning Update (14.01.2025) \ud83d\udcca Positive sentiment returns in AsiaTuesday\u2019s Asian session shows improved sentiment after Monday\u2019s stock market jitters. The CHN.cash index is up by an impressive 2.5% today! While detailed updates from China are scarce, Wall Street\u2019s technical performance is boosting Asian\u00a0markets. \ud83d\udcc8 Key support levels defended in the USThe US100 index closed above […]<\/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-35625","post","type-post","status-publish","format-standard","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/35625"}],"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=35625"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/35625\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}