TRADING CENTRAL

Daily Market Newsletter

January 9, 2026

Here are today's directional views from the global research desks of Trading Central! These are starting points for your own research to identify opportunities that make sense for you.

Web TV from Trading Central

WTI Crude Oil Futures: Positive Outlook Remains

The intraday technical view is bullish above 57.85 with up targets at 58.75 and 59.15.

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Market Wrap

Market Wrap: Stocks, Bonds, Commodities

On Thursday, U.S. stock indexes closed mixed as tech stocks dipped:

Dow Jones Industrial Average +270 points (+0.55%) to 49,266

S&P 500 +1 point (+0.01%) to 6,921

Nasdaq 100 -146 points (-0.57%) to 25,507

Alphabet (GOOGL) +1.07% marking a record close of 325.44 dollars, and surpassing Apple (AAPL) to be the second-most valuable U.S. company with a market capitalization of 3.93 trillion dollars.

Semiconductor stocks retreated:

Micron Technology (MU) -3.69%

Intel (INTC) -3.57%

Nvidia (NVDA) -2.15%

Defense stocks advanced following President Donald Trump's call for a 1.5-trillion-dollar defense budget for 2027:

Lockheed Martin (LMT) +4.34%

Northrop Grumman (NOC) +2.39%

Energy stocks rose alongside oil prices:

APA Corp (APA) +8.47%

Diamondback Energy (FANG) +5.13%

Occidental Petroleum (OXY) +5.46%.

In after-hours, General Motors (GM) announced an electric-vehicle-related writedown of 6 billion dollars.

The U.S. 10-year Treasury yield +1.7 basis points to 4.167%.

European stocks closed mixed:

DAX 40 +5 points (+0.02%) to 25,127

CAC 40 +9 points (+0.12%) to 8,243

FTSE 100 -3 points (-0.04%) to 10,044

Gold price +22 dollars to 4,478 dollars an ounce.

U.S. WTI crude futures +1.77 dollar (+3.16%) to 57.76 dollars a barrel.

Market Wrap: Forex

The U.S. dollar index climbed to 98.89 ahead of the closely-watched monthly non-farm payroll report due Friday.

EUR/USD -17 pips to 1.1656.

The Eurozone's producer prices -1.7% year on year in November (vs -1.8% expected, -0.5% in October).

Germany's factory orders +5.6% month on month in November (vs -0.6% expected, +1.5% in October).

USD/JPY +11 pips to 156.87.

GBP/USD -20 pips to 1.3437, AUD/USD -24 pips to 0.6696.

USD/CHF +10 pips to 0.7988, USD/CAD -4 pips to 1.3857.

Bitcoin climbed back to levels above 91,000 dollars.

Morning Trading

In Asian trading hours, AUD/USD fell to 0.6711. Australia's trade surplus for November totaled 2.9 billion Australian dollars, below 3.8 billion Australian dollars estimated.

Meanwhile, EUR/USD was little changed at 1.1680 while GBP/USD remained subdued at 1.3458.

USD/JPY was steady at 156.80.

Gold dropped to 4,440 dollars.

Bitcoin slipped to 90,935 dollars.

Expected Today

The eurozone's retail sales are expected to be up 0.5% month-on-month in November.

Germany's trade surplus for November is estimated at 17.1 billion euros, while industrial production is expected to drop 0.4% month-on-month.

France's industrial production is anticipated to increase by 0.6% month-on-month in November.

In the U.S., nonfarm payrolls are estimated to increase by 60,000 in December, while jobless rate is anticipated to drop to 4.5%. Also, the Michigan consumer sentiment index is expected to drop to 52.7 in January.

Canada's employment is expected to be up 25,000 in December, while jobless rate is estimated to climb to 6.7%.

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