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Global markets rise across the board, with Asia-Pacific stocks leading the gains. Cryptocurrencies, US stock futures, and precious metals all increase in value.
On January 5th, global risk asset markets experienced a broad rally today, with Japanese and Korean stocks leading the gains. The Korea KOSPI Index rose over 2.27% in the morning session, breaking through 4,400 points for the first time and hitting a new all-time high. The Nikkei 225 Index surged more than 1100 points in early trading, just 2% shy of its all-time high. The A-shares Shanghai Composite Index opened up 0.46%, approaching 4000 points. The Hang Seng Index opened up 0.09%. In the US stock market, S&P 500 futures rose 0.46%, Nasdaq futures increased 0.26%, and Dow Jones futures gained 0.58%. The crypto sector continued its rebound, with Bitcoin breaking through $93,000, Ethereum approaching $3,200, and altcoins markets initiating a rebound, led by established meme tokens. BROCCOLI714, BONK, BOME, WIF, PEPE, PNUT, and others saw significant gains. Precious metals surged sharply, with spot gold breaking through $4,420 per ounce, up over 2% in 24 hours, and spot silver surpassing $76 per ounce, soaring 4.5%.