Read more
6:57 AM · 23 January 2026

Morning wrap (23.01.2026)

-
-
Open account Download free app
-
-
Open account Download free app
-
-
Open account Download free app
-
-
Open account Download free app
-
-
Open account Download free app
-
-
Open account Download free app
  • U.S. stock indices closed notably higher following a series of positive news. The S&P 500 rose by over 0.5%, the Nasdaq by 0.9%, and the Dow Jones by more than 0.6%. 
  • The main drivers of optimism were macroeconomic data: GDP growth reached 4.4%, while initial jobless claims came in below earlier forecasts. U.S. PCE inflation stood at 2.8%, still considered slightly elevated.
  • The Bank of Japan, as expected, kept the short-term interest rate at 0.75%, while raising core inflation forecasts and highlighting rising inflation risks. 
  • Although core inflation in Japan is slowing, it remains above the Bank of Japan’s target, reaching 2.4% in December compared with 3% in November. It is also worth noting that the PMI hit its highest level in 17 months, signaling a return of Japanese industry to a growth path.
  • The People’s Bank of China (PBOC) set today’s USD/CNY reference rate at 6.9929, higher than the projected 6.9481.
  • Asian stock markets ended the week in positive mood: Japan’s Nikkei 225 gained 0.29%, Hong Kong’s Hang Seng rose 0.33%, China’s Shanghai Composite increased by 0.27%, and Australia’s ASX 200 edged up 0.06%. South Korea’s KOSPI stood out with a 0.6% gain.
  • In the currency market, the greatest volatility is seen in the USD/JPY pair, which is rising following central bank decisions and macroeconomic data releases.
  • Oil markets are also experiencing heightened volatility. Brent and WTI contracts reacted to U.S. President Donald Trump’s warning about sending a “fleet” toward Iran, raising concerns over potential disruptions in supplies from this key oil producer.
  • In the precious metals market, gold and silver are benefiting from geopolitical tensions. Gold, up 0.3%, hovers around $4,950 per ounce, while silver, rising 3%, has surpassed $99 per ounce.
  • In the cryptocurrency market, Bitcoin is up around 0.3%, while Ethereum remains largely unchanged.
  • Intel reported fourth-quarter results that beat analysts’ expectations, but the company warned that it expects significantly lower margins and revenues in the first quarter.
23 January 2026, 9:06 AM

BoJ maintains rates despite hawkish shift in outlook. What next for the USDJPY?

22 January 2026, 6:56 PM

Daily summary: Wall Street, precious metals and EURUSD surge📈Bitcoin under pressure

22 January 2026, 5:36 PM

Oil slips below $64 after EIA data📌NATGAS drops despite favorable inventories report

22 January 2026, 5:23 PM

Gold gains 1%, silver surges 3% 📈Precious metals near record levels again

Join over 2 000 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits