Afternoon Briefing 4 January 2023

Asian Markets

Hong Kong stocks rose and led gains in Asia-Pacific as investors awaited the Fed's decision

European Markets

European stocks headed for a positive open as investors awaited the Fed's decision

US Pre-Open Markets

US stocks are on the decline as prices are lower after a rocky start to 2023

Commodities

Gold tends to strengthen due to the decline in the dollar and market focus is still to the Fed's decision

U.S. Treasury Yield

Treasury yields fell as uncertainty about the outlook for 2023 persists.

Major Currency Pairs

The dollar tends to decline, as it is waiting for the Fed's decision