##{"id":99105,"date":"2022-01-17T07:53:12","date_gmt":"2022-01-16T20:51:31","guid":{"rendered":"https:\/\/www.fnarena.com\/index.php\/2022\/01\/17\/the-monday-report-17-january-2022\/"},"modified":"2022-01-17T07:53:13","modified_gmt":"2022-01-16T20:53:13","slug":"the-monday-report-17-january-2022","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2022\/01\/17\/the-monday-report-17-january-2022\/","title":{"rendered":"The Monday Report – 17 January 2022"},"content":{"rendered":"\n\n\n\n\n\n\n\n\n\n\n\n\n
World Overnight<\/strong><\/span><\/td>\n<\/tr>\n
SPI Overnight<\/strong><\/span><\/td>\n7330.00<\/strong><\/span><\/td>\n+ 28.00<\/strong><\/span><\/td>\n0.38%<\/strong><\/span><\/td>\n<\/tr>\n
S&P ASX 200<\/strong><\/span><\/td>\n7393.90<\/strong><\/span><\/td>\n– 80.50<\/strong><\/span><\/td>\n– 1.08%<\/strong><\/span><\/td>\n<\/tr>\n
S&P500<\/strong><\/span><\/td>\n4662.85<\/strong><\/span><\/td>\n+ 3.82<\/strong><\/span><\/td>\n0.08%<\/strong><\/span><\/td>\n<\/tr>\n
Nasdaq Comp<\/strong><\/span><\/td>\n14893.75<\/strong><\/span><\/td>\n+ 86.94<\/strong><\/span><\/td>\n0.59%<\/strong><\/span><\/td>\n<\/tr>\n
DJIA<\/strong><\/span><\/td>\n35911.81<\/strong><\/span><\/td>\n– 201.81<\/strong><\/span><\/td>\n– 0.56%<\/strong><\/span><\/td>\n<\/tr>\n
S&P500 VIX<\/strong><\/span><\/td>\n19.19<\/strong><\/span><\/td>\n– 1.12<\/strong><\/span><\/td>\n– 5.51%<\/strong><\/span><\/td>\n<\/tr>\n
US 10-year yield<\/strong><\/span><\/td>\n1.77<\/strong><\/span><\/td>\n+ 0.06<\/strong><\/span><\/td>\n3.57%<\/strong><\/span><\/td>\n<\/tr>\n
USD Index<\/strong><\/span><\/td>\n95.17<\/strong><\/span><\/td>\n+ 0.30<\/strong><\/span><\/td>\n0.32%<\/strong><\/span><\/td>\n<\/tr>\n
FTSE100<\/strong><\/span><\/td>\n7542.95<\/strong><\/span><\/td>\n– 20.90<\/strong><\/span><\/td>\n– 0.28%<\/strong><\/span><\/td>\n<\/tr>\n
DAX30<\/strong><\/span><\/td>\n15883.24<\/strong><\/span><\/td>\n– 148.35<\/strong><\/span><\/td>\n– 0.93%<\/strong><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Greg Peel is scheduled to return after Australia Day.<\/p>\n

Equities in the US managed to avoid further losses on Friday, with exception of the Dow Industrials, after a rather lacklustre session.<\/p>\n

SPI futures on Saturday were indicating the local market stands ready to recover a little more of early 2022 losses with likely ongoing bias for bulks, metals and energy producers.<\/p>\n

Friday in Australia delivered a good old let's-sell-before-the-weekend session, and it got pretty ugly towards the end.<\/p>\n

Corporate results season is starting to open up in America, but this week starts on Tuesday in the US as the third week in January is reserved to celebrate Martin Luther King Jr whose birthday is on January 15th.<\/p>\n

Hence global equities will have to seek direction today without any real-time guidance from US stocks and\/or treasuries.<\/p>\n

With the world's number one male tennis champion now out of the country, maybe investors can start concentrating on the ASX again, stomach churning experiences not excluded as money continues to abandon previously high-flying new economy stocks.<\/p>\n

Ups and downs, it's what maketh the market, during good times, and the less-than-great times. Cool heads will prevail. Patience is a virtue.<\/p>\n

For a more detailed look into this week's calendar: https:\/\/www.fnarena.com\/index.php\/financial-news\/calendar\/<\/a><\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Spot Metals,Minerals & Energy Futures<\/strong><\/span><\/td>\n<\/tr>\n
Gold (oz)<\/strong><\/span><\/td>\n1818.10<\/strong><\/span><\/td>\n– 4.20<\/strong><\/span><\/td>\n– 0.23%<\/strong><\/span><\/td>\n<\/tr>\n
Silver (oz)<\/strong><\/span><\/td>\n22.96<\/strong><\/span><\/td>\n– 0.10<\/strong><\/span><\/td>\n– 0.43%<\/strong><\/span><\/td>\n<\/tr>\n
Copper (lb)<\/strong><\/span><\/td>\n4.43<\/strong><\/span><\/td>\n– 0.07<\/strong><\/span><\/td>\n– 1.48%<\/strong><\/span><\/td>\n<\/tr>\n
Aluminium (lb)<\/strong><\/span><\/td>\n1.35<\/strong><\/span><\/td>\n+ 0.03<\/strong><\/span><\/td>\n2.54%<\/strong><\/span><\/td>\n<\/tr>\n
Lead (lb)<\/strong><\/span><\/td>\n1.08<\/strong><\/span><\/td>\n+ 0.01<\/strong><\/span><\/td>\n1.09%<\/strong><\/span><\/td>\n<\/tr>\n
Nickel (lb)<\/strong><\/span><\/td>\n10.20<\/strong><\/span><\/td>\n+ 0.18<\/strong><\/span><\/td>\n1.78%<\/strong><\/span><\/td>\n<\/tr>\n
Zinc (lb)<\/strong><\/span><\/td>\n1.62<\/strong><\/span><\/td>\n+ 0.01<\/strong><\/span><\/td>\n0.35%<\/strong><\/span><\/td>\n<\/tr>\n
West Texas Crude <\/strong><\/span><\/td>\n83.82<\/strong><\/span><\/td>\n+ 2.28<\/strong><\/span><\/td>\n2.80%<\/strong><\/span><\/td>\n<\/tr>\n
Brent Crude<\/strong><\/span><\/td>\n86.06<\/strong><\/span><\/td>\n+ 2.16<\/strong><\/span><\/td>\n2.57%<\/strong><\/span><\/td>\n<\/tr>\n
Iron Ore (t)<\/strong><\/span><\/td>\n126.75<\/strong><\/span><\/td>\n– 1.20<\/strong><\/span><\/td>\n– 0.94%<\/strong><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The Australian share market over the past thirty days…<\/strong><\/p>\n

<\/p>\n\n\n\n\n\n\n\n\n\n
BROKER RECOMMENDATION CHANGES PAST THREE TRADING DAYS<\/span><\/td>\n<\/tr>\n
AGL<\/td>\nAGL Energy<\/td>\nUpgrade to Outperform from Neutral<\/td>\nCredit Suisse<\/td>\n<\/tr>\n
CVN<\/td>\nCarnarvon Energy<\/td>\nDowngrade to Accumulate from Buy<\/td>\nOrd Minnett<\/td>\n<\/tr>\n
FMG<\/td>\nFortescue Metals<\/td>\nDowngrade to Sell from Neutral<\/td>\nCiti<\/td>\n<\/tr>\n
QBE<\/td>\nQBE Insurance<\/td>\nUpgrade to Outperform from Neutral<\/td>\nMacquarie<\/td>\n<\/tr>\n
SHL<\/td>\nSonic Healthcare<\/td>\nDowngrade to Neutral from Outperform<\/td>\nCredit Suisse<\/td>\n<\/tr>\n
TPG<\/td>\nTPG Telecom<\/td>\nUpgrade to Buy from Hold<\/td>\nOrd Minnett<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

For more detail go to FNArena's Australian Broker Call Report<\/a>, which is updated each morning, Mon-Fri.<\/p>\n

All overnight and intraday prices, average prices, currency conversions and charts for stock indices, currencies, commodities, bonds, VIX and more available on the FNArena website.  Click here<\/a>. (Subscribers can access prices on the website.)<\/em><\/p>\n

(Readers should note that all commentary, observations, names and calculations are provided for informative and educational purposes only. Investors should always consult with their licensed investment advisor first, before making any decisions. All views expressed are the author's and not by association FNArena's – see disclaimer on the website)<\/strong><\/em><\/p>\n

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Find out why FNArena subscribers like the service so much: "Your Feedback (Thank You)<\/a>" – Warning this story contains unashamedly positive feedback on the service provided. www.fnarena.com<\/em><\/p>\n

FNArena is proud about its track record and past achievements: Ten Years On<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead<\/p>\n","protected":false},"author":3,"featured_media":99107,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[84],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/99105"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=99105"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/99105\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media\/99107"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=99105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=99105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=99105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}