Market Talk - Wednesday, Dec. 7

ASIA:

The major Asian stock markets had a negative day today:

  • NIKKEI 225 decreased 199.47 points or -0.72% to 27,686.40
  • Shanghai decreased 12.91 points or -0.40% to 3,199.62
  • Hang Seng decreased 626.36 points or -3.22% to 18,814.82
  • Kospi decreased 10.35 points or -0.43% to 2,382.81
  • ASX 200 decreased 61.90 points or -0.85% to 7,229.40
  • SENSEX decreased 215.68 points or -0.34% to 62,410.68
  • Nifty50 decreased 82.25 points or -0.44% to 18,560.50

The major Asian currency markets had a mixed day today:

  • AUDUSD increased 0.00360 or 0.54% to 0.67289
  • NZDUSD increased 0.00360 or 0.57% to 0.63563
  • USDJPY decreased 0.447 or -0.33% to 136.444
  • USDCNY decreased 0.01890 or -0.27% to 6.96200

Precious Metals:

  • Gold increased 15.58 USD/t oz. or 0.88% to 1,786.49
  • Silver increased 0.558 USD/t. oz or 2.52% to 22.722

Some economic news from last night:

China:

Exports (YoY) (Nov) decreased from -0.3% to -8.7%

Imports (YoY) (Nov) decreased from -0.7% to -10.6%

Trade Balance (USD) (Nov) decreased from 85.15B to 69.84B

Australia:

Building Approvals (MoM) increased from -8.1% to -6.0%

GDP (YoY) (Q3) increased from 3.2% to 5.9%

GDP (QoQ) (Q3) decreased from 0.9% to 0.6%

India:

Interest Rate Decision increased from 5.90% to 6.25%

Some economic news from today:

China:

FX Reserves (USD) (Nov) increased from 3.052T to 3.117T

Hong Kong:

Foreign Reserves (USD) (Nov) increased from 417.20B to 423.20B

EUROPE/EMEA:

The major Europe stock markets had a negative day:

  • CAC 40 decreased 27.20 points or -0.41% to 6,660.59
  • FTSE 100 decreased 32.20 points or -0.43% to 7,489.19
  • DAX 30 decreased 82.00 points or -0.57% to 14,261.19

The major Europe currency markets had a mixed day today:

  • EURUSD increased 0.00418 or 0.40% to 1.05083
  • GBPUSD increased 0.00784 or 0.65% to 1.22092
  • USDCHF decreased 0.00077 or -0.08% to 0.94083

Some economic news from Europe today:

Swiss:

Unemployment Rate n.s.a. (Nov) increased from 1.9% to 2.0%

Unemployment Rate s.a. (Nov) decreased from 2.1% to 2.0%

Germany:

German Industrial Production (MoM) (Oct) decreased from 1.1% to -0.1%

UK:

Halifax House Price Index (YoY) decreased from 8.2% to 4.7%

Halifax House Price Index (MoM) (Nov) decreased from -0.4% to -2.3%

Mortgage Rate (GBP) (Nov) increased from 5.41% to 5.88%

Euro Zone:

GDP (YoY) (Q3) decreased from 4.2% to 2.3%

GDP (QoQ) (Q3) increased from 0.2% to 0.3%

US/AMERICAS:

US Market Closings:

  • Dow advanced 1.58 points or 0% to 33,597.92
  • S&P 500 declined 7.34 points or -0.19% to 3,933.92
  • Nasdaq declined 56.34 points or -0.51% to 10,958.55
  • Russell 2000 declined 5.67 points or -0.31% to 1,806.9

Canada Market Closings:

  • TSX Composite declined 16.95 points or -0.08% to 19,973.22
  • TSX 60 declined 2.14 points or -0.18% to 1,209.85

Brazil Market Closing:

  • Bovespa declined 1,120.02 points or -1.02% to 109,068.55

ENERGY:

The oil markets had a mixed day today:

  • Crude Oil decreased 1.742 USD/BBL or -2.35% to 72.508
  • Brent decreased 2 USD/BBL or -2.52% to 77.350
  • Natural gas increased 0.3269 USD/MMBtu or 5.98% to 5.7959
  • Gasoline decreased 0.0548 USD/GAL or -2.55% to 2.0943
  • Heating oil decreased 0.12 USD/GAL or -4.12% to 2.7955

The above data was collected around 16:34 EST on Wednesday

  • Top commodity gainers: Natural Gas (5.98%), Lumber (3.44%), Wheat (3.30%) and Orange Juice (4.80%)
  • Top commodity losers: Heating Oil (-4.12%), Palm Oil (-3.05%), Cotton (-3.26%) and Gasoline (-2.55%)

The above data was collected around 16:38 EST Wednesday.

BONDS:

Japan 0.25%(-0.4bp), US 2’s 4.26% (-0.096%), US 10’s 3.4187% (-9.43bps); US 30’s 3.43% (-0.091%), Bunds 1.767% (-2.9bp), France 2.241% (-0.8bp), Italy 3.606% (-4.3bp), Turkey 10.50% (-3bp), Greece 3.711% (-8.3bp), Portugal 2.682% (-4.4bp); Spain 2.77% (-3.2bp) and UK Gilts 3.046% (-3.5bp).


More By This Author:

Market Talk - Wednesday, Nov. 30
Market Talk - Tuesday, Nov. 29
Market Talk - Monday, Nov. 28

Disclosure: None.

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