🌅 Morning Update (08.01.2025) 📉 Asia-Pacific Markets Moderate trading sentiment persists in Asia-Pacific, following yesterday's sell-off in U.S. markets and cryptocurrencies. 🇨🇳 Chinese indices lack clear direction: CHN.cash and HK.cash: ⬇️ 0.40% CH50cash: ⬆️ 0.15% 🇯🇵 Japan sees slight growth: JP225: ⬆️ 0.50% to 40,000 points 🇸🇬 Singapore's SG20cash: ⬆️ 1.50% 🇦🇺 Australia's AU200cash: ⬇️ 0.15% 📈 European Futures European indices hint at a positive start: 🇩🇪 DAX: ⬆️ 0.10% 🇬🇧 UK100: ⬆️ 0.15% 🇪🇺 EU50: ⬆️ 0.15% 💱 Forex Market Movements are limited this morning: USD: Slight pullback of 0.10% after sharp gains yesterday JPY: Weakens further, ⬇️ 0.2-0.3%, with USDJPY ⬆️ 0.05% to 158.00 🇨🇦 CAD: Notable gainer, appreciating 0.1-0.3% 📊 Key Releases Today 🛠 ADP Report on U.S. labour market 🌏 Other Updates 🇯🇵 Japan: December Consumer Confidence Index slightly misses at 36.2 (prev. 36.4) 🇦🇺 Australia: November inflation rises to 2.3% (prev. 2.1%, expected 2.2%), keeping hopes alive for an RBA rate cut in February ⚠️ Geopolitical News The U.S. added 🇨🇳 Tencent Holdings and CATL to its list of companies allegedly linked to China's military. This may intensify U.S.-China tensions. 🛢 Commodities WTI Crude: ⬆️ 0.40% to $74.75/barrel 💎 Cryptocurrency Market Bearish sentiment continues after yesterday’s sell-off. Triggered by strong U.S. ISM data and record-high price subindex Long-position liquidations followed bitcoin breaking back above $100,000 📅 Stay tuned for more updates throughout the day! ⏰