Gasoline Market Update

Gasoline futures swung to a loss. Nymex reformulated gasoline blendstock for January RBF5, -0.19%  — the benchmark gasoline contract — fell 5.5 cents, or 3.7%, to settle at $1.45 a gallon.

Gold, silver fall as traders look to 2015

Gold prices pulled back Monday after some wide swings during Christmas week.

Gold for February delivery GCG5, +0.47%  fell $13.40, or 1.1%, to settle at $1,181.90 an ounce on the New York Mercantile Exchange. Silver for March delivery SIH5, +0.45%  also fell, slipping nearly 37 cents, or 2.3%, to settle at $15.78 an ounce.

Oil prices see quickest 50% drop from top in 8 years

Crude-oil futures have now plunged 50% from their 2014 high, as prices swung lower again on Monday.

On the New York Mercantile Exchange, light, sweet crude futures for delivery in February CLG5, -0.41% fell $1.12, or 2%, to settle at $53.61 a barrel, after an early rally on reports of a fire affecting oil-storage terminals in Libya collapsed. That’s the lowest settlement since May 1, 2009. Earlier, the February contract traded as high as $55.74, or 1.8% higher than Friday’s settlement.

Current Market Update

Here are the latest trading levels for Asia's major stock markets: 

Tokyo (Nikkei Average) down 0.7% 

 Hong Kong (Hang Seng Index) down 0.9% 

 Shanghai (Shanghai Composite Index) down 0.4% (at break) 

 Sydney (S&P/ASX 200) down 0.7% 

 Seoul (Kospi) down 0.7% 

 Mumbai (Sensex) up 0.2% 

 Taipei (Taiex) flat

Asian Market Update

Asian markets slipped on Tuesday following the previous day's healthy gains, while the euro struggled against the dollar as Greece plunged back into crisis, rekindling fears of a possible exit from the eurozone.

With investors winding down for the end of the year, Wall Street provided a mixed lead, although the S&P 500 topped out at a new record high.

Oil prices ticked up slightly but remain stuck near five-year troughs as ongoing worries about oversupply combine with concerns over the global economic outlook.

Tokyo fell 0.17 per cent, Hong Kong lost 0.19 per cent, Sydney shed 0.50 per cent, and Seoul eased 0.36 per cent and Shanghai gave up 0.41 per cent.