Japan -0.03%. Leading indicator index for December in Japan 97.2 vs. 97.7 previously.
Japanese data – total money earnings rose +4.8% y/y in December, the most since January 1997.
Real wages in Japan rose for the first time in nine months, rising 0.1% in the last month 2022 on an annual basis, the statistics of the Japanese Ministry of Labor showed.
Hong Kong +0.46%.
Australia -0.46%. Australia – RBA raises cash rate by +25bp to 3.35%, as expected.
Australian trade data for December, exports down, imports up m/m.
The weekly Australian consumer confidence survey fell 3.2% w/w to 83.6.
Overnight on Wall Street, Wall Street’s major stock indexes closed lower for the day. However, technically there is some sunshine as the S&P closes above the 4100 level. Dow Industrial Average -35 points or -0.10% to 33891.01; The S&P index -25.42 points or -0.61% to 4111.07 and the NASDAQ index -119.49 points or -1.00% to 11887.46.
New Zealand’s January ANZ commodity price index is -1.0% m/m (previously -0.1%).
Oil prices rose for a second straight session on Tuesday, buoyed by optimism about a recovery in demand in China and concerns over supply shortages following the closure of a major export terminal following an earthquake in Turkey.
Brent crude oil futures rose 82 cents, or 1.01%, to $81.81 a barrel by 0300 GMT, while West Texas Intermediate futures CLc1 rose 82 cents, or 1.11%, to $74.93 a barrel.
Gold prices rose on Tuesday as the dollar retreated slightly and traders awaited a speech by US Federal Reserve Chairman Jerome Powell later in the day for hints of future rate hikes after last week’s strong economic data.
Spot gold was 0.4% higher at $1,873.96 an ounce, as of 03:16 GMT, after hitting its lowest level since Jan. 6 in the previous session. US gold futures rose 0.4% to $1,886.60.
Spot silver rweakened 0.3% to USD 22.33 per ounce, platinum XPT= fell 0.1% to USD 970.94, and palladium down 0.1% to $1,596.74.
America’s futures are bigger. Dow Jones +0.05%; S&P 500 +0.15%; Nasdaq +0.20%.