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.