world capital market

World Capital Markets 22.01.2025

ASIA/PACIFIC


-The Australian stock market closed higher on Wednesday as a surge in technology stocks helped to make up for slump in mining and energy companies’ shares.

-Asian stocks ended mixed with Chinese and Hong Kong markets falling sharply after U.S. President Donald Trump threatened tariffs on the EU and China.

. EUROPE


-European stocks closed broadly higher and several markets in the region posted record highs, reacting to some upbeat earnings updates and on optimism about interest rate cuts by the ECB, this year.

-Lloyds and Natwest shares are “too good to ignore”, according to analysts at Barclays, predicting bumper profit on the back of higher interest rates and low unemployment.

. AMERICAS  


North America

-U.S. stock indices in the United States traded higher ahead of Wednesday’s session with investors focusing on earnings.

Latin America

-Four issuers line up bond sales for liability management: Kallpa, ATP Tower, GeoPark and Saavi Energía are all heading to international market, Latin Finance reported.

. AFRICA


-The Central Bank of Nigeria (CBN) has officially approved the release of the Nigerian Foreign Exchange (FX) Code, a move aimed at fostering ethical conduct and transparency within the nation’s foreign exchange market.

-BMO Capital Markets and Rand Merchant Bank were the top M&A financial advisers in the Middle East and Africa last year by value and volume, respectively, according to GlobalData.

. MIDDLE EAST


-Most stock markets in the Gulf ended higher amid general caution.

-Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is marketing a US dollar three-year and nine-year bond offering at initial price thoughts (IPT) of US Treasuries (UST) plus 125 basis points (bps) area and UST + 140bps area, Zawya reported.


Spot gold added 0.5% to $2,758.9 per ounce as of 11:40 a.m. ET while U.S. gold futures gained 0.5% to $2,772.00, according to Reuters.

Brent crude futures were down 16 cents, or 0.2%, at $79.13 per barrel at 11:28 a.m. ET. U.S. West Texas Intermediate crude futures fell 18 cents, or 0.24%, to $75.65.