2022-01-05-建设银行-商品市场周度回顾_3页_373kb

Market Summary Report - January 4, 2022

Overview: The report provides a weekly market review from China Construction Bank, covering global financial markets, commodity prices, economic indicators, and key news. Markets show mixed performance, with both gains and declines across various sectors.

Global Financial Markets

• Dollar Index: Up by 0.26% to 96.22, indicating slight dollar strength.
• Exchange Rates: USD/JPY down -0.10% to 6.3730; EUR/USD down -0.62% to 1.1298.
• Commodity Indices: CCB Commodity Index up +0.83% to 4307.42. Spot Gold down -1.54% to 1801.03/dollar-ounce.

Key Commodity Prices

• Brent Crude Oil up +1.24% to 78.91/bbl.
• LME 3-Month Copper unchanged at 9755/dollar-tonne.
• Precious Metals: Gold down 1.54%, Silver up 2.03%.

Economic Indicators

• Banking Rates: SHIBOR 3-Month down -0.10% to 2.50%; USD 10Y Treasury yield up +11.79% to 1.63%.
• China Yields: 1Y Treasury yield down -5.07% to 2.24%; 10Y yield up +1.00% to 2.78%.
• Latest Data: China PMI rose to 50.3, showing improvement; US PMI hit a one-year low of 57.7.

Noteworthy News

• Indonesia implements a temporary coal export ban effective January 1-31.
• China's manufacturing activities strengthen with PMI rebound.
• Supply chain issues in the US continue to affect output.

Upcoming Economic Calendar

• Expect China's Caixin PMI, US ISM manufacturing index, nonfarm payrolls, and other key indicators to be released this week.

This summary captures the key trends and events from the report, highlighting overall market volatility amid economic challenges.