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Today's News Update - 24th Jan 2025 Asia Asia-Pacific markets were mixed on Thursday as investors weighed economic data. Chinese stocks led the gains, with the CSI 300 up 1.01% after regulators urged state funds to buy more shares. The Hang Seng fell 0.65%, while Australia’s S&P/ASX 200 dropped 0.61%. Japan’s Nikkei 225 gained 0.79%, and the Topix rose 0.53%. US The S&P 500 hit new record highs on Thursday after President Donald Trump called for lower interest rates and cheaper oil prices. The index rose 0.53%, reaching an intraday high for the second straight session and closing at 6,118.71, surpassing its previous record of 6,090.27 from December. The Dow Jones added 408.34 points, or 0.92%, to 44,565.07, while the Nasdaq gained 0.22%, finishing at 20,053.68. All three major indexes posted gains for the fourth consecutive session. Commodity Gold prices pulled back from a nearly three-month high on Thursday as the dollar strengthened, with attention still focused on U.S. President Donald Trump’s policies. Spot gold fell 0.4% to $2,744.26 per ounce, after reaching a three-month peak on Wednesday, just $26.72 shy of its all-time high. U.S. gold futures dropped 0.7% to $2,750.30. Crude oil futures also declined after Trump urged Saudi Arabia and OPEC to lower their prices. U.S. crude lost 82 cents, or 1.09%, to settle at $74.62 per barrel, while global benchmark Brent dropped 71 cents, or 0.9%, to $78.29 per barrel. Oil prices had been higher earlier in the session before Trump’s remarks. The above analysis is only for the views of market researchers and is for reference only and is not Regarded as a specific investment suggestion. #Forex #trading #tradingforex

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