
Please try another search
The few markets that are open on Boxing Day in Asia remained in buoyant mood, extending the theme from before Christmas. U.S. index futures advanced between 0.10% and 0.13%, mostly recouping all of the December 24 losses. The Japan225 index outperformed with gains of 0.36%. China shares were also positive, basking in the aftermath of a rollback of at least some of the import tariffs, rising 0.17% on the day.
In the currency markets, a mild risk-on theme permeated, though volumes were extremely light due to the holidays. AUD/USD rose 0.06% to 0.6928, consolidating its push above the 200-day moving average at 0.6903 this week. The Japanese yen was marginally lower, with USD/JPY up 0.13% and AUD/JPY gaining 0.24%.
As you might expect, the data calendar for today is rather sparse, with Singapore’s industrial production for November the possible highlight. That’s expected to rise 1.1% m/m following October’s 3.4% gain. Japan’s housing starts for November are also due, but will probably be ignored.
A holiday in Canada means that the North American calendar is restricted to the U.S. weekly jobless claims (224,000 versus 234,000 last week).
When looking for dividend stocks, high dividend yields are one important factor to consider. Even if a company’s dividend yield isn’t nearing double-digit percentages, finding...
Whenever Wall Street authoritative figures, such as a large institution or individual investor, decide to shift a view on a specific stock or industry, retail traders can...
Monster Beverage (NASDAQ:MNST) faces headwinds that make it a potentially scary buy, including weakness in the alcohol segment. With the alcohol business contracting in Q4 2024,...
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.