Financial Markets Daily Report
23 December 2025
Yesterday's session ended on a mixed tone with relatively small movements, as investors traded cautiously ahead of today's important data releases in the US, particularly Q3 GDP, which will be released today. Sovereign yields barely changed, with a small flattening of the US curve, while European stock indices receded and the US ones ticked higher, pushed by tech firms.
In Japan, threats on yen intervention by the bank of Japan strengthened the currency, which appreciated against most major peers. The Japanese stock index Nikkei registered gains as well. In commodities markets, gold prices rose to new record-high levels, as they are now trading over $4400/oz. Brent prices continued to rise as the US maintains its blockade on Venezuelan tankers and peace talks between Russia and Ukraine are on a pause.
This is the last Financial Markets Daily Report of the year. We will be back on January 7th. We wish you happy holidays and a happy new year.