IG

US and Japan equities hit records while RBA decision and US inflation data loom this week.

US-Japan trade accord reduces tariffs while equity markets advance on strong earnings, with four Magnificent Seven companies reporting ahead. Markets await Fed and BOJ policy guidance.

China delivered stronger-than-expected Q2 GDP growth of 5.2% despite structural challenges, while global trade tensions eased with reduced tariffs and cryptocurrency regulation achieved a historic breakthrough. US equities surged to fresh highs driven by strong corporate earnings, while USD/JPY strengthened on Japanese electoral uncertainty and Bitcoin soared above $123,000 on regulatory optimism.Market participants will scrutinise the ECB's interest rate decision and Fed Chair Powell's policy guidance, alongside comprehensive global PMI data and critical technology sector earnings from Tesla and Alphabet.

Despite a tough 2024 with limited IPOs, the London Stock Exchange looks set for transformation in 2025 with major listings planned and improved investor confidence.​

In 2024, AUD/USD was influenced by US fiscal policies, tariffs, and the Reserve Bank of Australia's monetary decisions. Geopolitical events are anticipated to further affect currency values in 2025.

EUR/USD, GBP/USD begin new year by revisiting key support zones as traders position themselves.

​​​FTSE 100, DAX 40 begin new year on slightly positive footing as traders gradually return to markets.​​

​​​Gold, WTI begin new year on a positive footing​ amid lower crude oil inventories.​

AUD/USD falls to a two-year low amid a hawkish Federal Reserve and domestic economic concerns highlighted in the Reserve Bank of Australia's December meeting minutes.