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Global Market Quick Take: Asia – January 10, 2024
Equities were mixed and mostly in a holding pattern ahead of the US CPI release on Thursday and bank earnings on Friday. Dollar was the strongest of the major currencies, with CHF the weakest and yen weakening as well. The false announcement of Bitcoin ETF approval caused some choppiness, with actual announcement due today. In commodities, crude oil recovered some of Monday’s losses while Copper could not built up on early gains with China’s RRR cut still awaited. table US Equities: The Nasdaq 100 climbed 0.2% to 16,679. Nvidia extended its gains, reaching as high as $543.25 before settling at $522.53, up 1.7% ... (full story)