Market Talk - Tuesday, Dec. 12
ASIA:
The major Asian stock markets had a mixed day today:
- NIKKEI 225 increased 51.90 points or 0.16% to 32,843.70
- Shanghai increased 12.00 points or 0.40% to 3,003.44
- Hang Seng increased 173.01 points or 1.07% to 16,374.50
- ASX 200 increased 36.30 points or 0.50% to 7,235.30
- Kospi increased 9.91 points or 0.39% to 2,535.27
- SENSEX decreased 377.50 points or -0.54% to 69,551.03
- Nifty50 decreased 90.70 points or -0.43% to 20,906.40
The major Asian currency markets had a mixed day today:
- AUDUSD decreased 0.00044 or -0.07% to 0.65606
- NZDUSD increased 0.00078 or 0.13% to 0.61288
- USDJPY decreased 0.552 or -0.38% to 145.608
- USDCNY increased 0.00159 or 0.02% to 7.19449
The above data was collected around 11:31 EST.
Precious Metals:
- Gold increased 0.55 USD/t oz. or 0.03% to 1,981.85
- Silver decreased 0.042 USD/t. oz or -0.18% to 22.751
The above data was collected around 11:32 EST.
EUROPE/EMEA:
The major European stock markets had a negative day today:
- CAC 40 decreased 7.98 points or -0.11% to 7,543.55
- FTSE 100 decreased 2.12 points or -0.03% to 7,542.77
- DAX 30 decreased 2.69 points or -0.02% to 16.791.74
The major European currency markets had a mixed day today:
- EURUSD increased 0.00301 or 0.28% to 1.07911
- GBPUSD increased 0.00012 or 0.01% to 1.25542
- USDCHF decreased 0.00277 or -0.32% to 0.87553
The above data was collected around 11:39 EST.
US/AMERICAS:
In November 2023, the Consumer Price Index (CPI) in the United States rose by 0.1%, slightly more than expected. This increase was attributed to a steep drop in gasoline prices, which helped offset rises in the cost of housing, medical care, and transportation. On an annual basis, prices climbed 3.1%, in line with estimates, and down from the 3.2% recorded in October. Core prices, which exclude the more volatile measurements of food and energy, climbed 0.3% or 4% annually, also in line with estimates. While the report indicates a moderation in inflation, it remains well above the Federal Reserve’s 2% target. The burden of high inflation continues to create financial pressures for U.S. households, particularly impacting low-income Americans. Food prices, a significant indicator of inflation for many, remained uncomfortably high in November, with grocery costs rising 0.1% last month and up 1.7% compared to the same time last year.
US Market Closings:
- Dow advanced 173.01 points or 0.48% to 36,577.94
- S&P 500 advanced 21.26 points or 0.46% to 4,643.7
- Nasdaq advanced 100.91 points or 0.7% to 14,533.4
- Russell 2000 declined 2.41 points or 0.13% to 1,881.27
Canada Market Closings:
- TSX Composite declined 84.52 points or -0.42% to 20,233.84
- TSX 60 declined 3.53 points or -0.29% to 1,224.05
Brazil Market Closing:
- Bovespa declined 513.38 points or -0.4% to 126,403.03
ENERGY:
The oil markets had a negative day today:
- Crude Oil decreased 2.411 USD/BBL or -3.38% to 68.909
- Brent decreased 2.632 USD/BBL or -3.46% to 73.398
- Natural gas decreased 0.0544 USD/MMBtu or -2.24% to 2.3766
- Gasoline decreased 0.0511 USD/GAL or -2.50% to 1.9920
- Heating oil decreased 0.1015 USD/GAL or -3.89% to 2.5072
The above data was collected around 11:40 EST.
- Top commodity gainers: Platinum (1.59%), Wheat (3.12%), Cocoa (1.55%) and Palladium (2.43%)
- Top commodity losers: Coal (-4.92%), Heating Oil (-3.89%), Brent (-3.46%) and Crude Oil (-3.38%)
The above data was collected around 11:47 EST.
BONDS:
Japan 0.723% (-5.3bp), US 2’s 4.71% (-0.017%), US 10’s 4.2198% (-1.92bps); US 30’s 4.32% (-0.005%), Bunds 2.226% (-3.8bp), France 2.772% (-5.1bp), Italy 4.005% (-6.3bp), Turkey 23.59% (-24bp), Greece 3.450% (-0.7bp), Portugal 3.014% (-4.8bp); Spain 3.241% (-5.9bp) and UK Gilts 3.968% (-11.1bp)
The above data was collected around 11:51 EST.
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