Markets down after strong December payrolls report - 13.1.2025

Senior Analytical Expert

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Todays’ Market Summary

The Dollar strengthening is intact
US stock indexes futures are down currently
Brent is up currently.
Gold prices are steady currently

Top daily news

Global equity indexes are pointing down currently after US stocks retreated on Friday following a strong US nonfarm payrolls report. Tesla shares slipped 0.05% outperforming market, Apple stock slumped 2.4% on Friday amid reports Apple is losing market share in China due to declining iPhone shipments.

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Forex news

Currency Pair	Change
EURUSD	-0.4%
GBPUSD	-0.5%
USDJPY	-0.1%
AUDUSD	-0.2%

The Dollar strengthening is intact currently. The live dollar index data show the ICE US Dollar index, a measure of the dollar’s strength against a basket of six rival currencies, ended 0.4% higher on Friday.

Both GBP/USD and EUR/USD accelerated their retreating on Friday. Both euro and Pound are lower against the Dollar currently. Both USD/JPY and AUD/USD accelerated their sliding on Friday with the yen higher against the Greenback currently and Australian dollar lower still.

Stock Market news

Indices	Change
DJI	-0.2%
NIKKEI	-0.5%
HK50	-0.4%
AU200	-0.3%

US stock indexes futures are down currently after ending lower on Friday as the Labor Department data indicated the world’s biggest economy added 256,000 jobs in December when a slowdown in job growth was expected. The three main US stock benchmarks recorded daily losses in the range from -1.63% to -1.54% as strong labor report spurred bets that the Federal Reserve would be slower in reducing interest rates.

European stock futures are lower currently after closing down on Friday led by utilities shares. Asian stock indexes futures are mostly retreating today in thin trading as markets in Japan were closed for a public holiday. Hong Kong’s Hang Seng index is leading losses while data showed China's export growth picked up steam in December, while imports recovered.

Commodity Market news

Commodities	Change
#C-BRENT	+0.4%
OIL	+0.5%

Brent is up currently. Prices jumped over 3% on Friday as President Joe Biden's administration imposed fresh sanctions against Russian oil producers, tankers, intermediaries, traders and ports. Russia's Foreign Ministry said the country would press on with large oil and gas projects. US West Texas Intermediate WTI rallied 3.6% and is higher currently. Brent gained 3.4% to $79.76 a barrel on Friday.