Daily Report for Monday, Jan 12, 2009

Daily Report for Mon., Jan. 12, 2009

[8:30am ET] The $USD has turned a tad stronger to 83.705 (vs Friday close at 83.455) this morning (and the Euro weaker at 133.73 vs Fri close of 134.00), with the expected result that gold (839.18 vs 852.9 Fri close) and silver prices (10.99 vs Friday close 11.2425) have dropped.

In Asia-Pacific equity markets today, Tokyo (closed), Australia (-1.53% to 3624.0), Shanghai (-0.24% to 1900.4), Hong Kong (-2.83% to 13971.0), and India (-3.15% to 9110.1), weakened.