Today's News Update - 18th Feb 2025
Asia
Most Asia-Pacific markets rose on Monday, boosted by Japan's stronger-than-expected Q4 GDP growth.
Japan’s Nikkei 225 ended flat, while the Topix gained 0.28%. The yen strengthened to 151.5 against the U.S. dollar.
Australia’s S&P/ASX 200 fell 0.22%. Tencent’s stock rose 4.25%, and Hong Kong’s Hang Seng Index dipped 0.15%, while Mainland China’s CSI 300 gained 0.21%.
US
The S&P 500 was mostly unchanged on Friday, taking a breather after a strong week, as investors assessed the latest developments in global trade and inflation.
The Dow Jones Industrial Average dropped 165.35 points, or 0.37%, ending at 44,546.08. The S&P 500 edged down 0.01% to 6,114.63, while the Nasdaq Composite gained 0.41%, closing at 20,026.77.
Commodity
Gold prices rose on Monday as the U.S. dollar weakened, with investors awaiting more on President Trump’s tariff plans, which could heighten trade tensions. Spot gold increased 0.6% to $2,899.73 per ounce.
Oil prices fell for the fourth straight day amid expectations that a Russia-Ukraine peace deal could ease supply disruptions, along with concerns over global trade tensions affecting growth. Brent crude dropped 0.2% to $74.59 a barrel.
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.
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