Market Talk - Friday, Dec. 10
ASIA:
The major Asian stock markets had a negative day today:
- NIKKEI 225 decreased 287.70 points or -1.00% to 28,433.77
- Shanghai decreased 6.69 or -0.18% to 3,666.35
- Hang Seng decreased 259.14 points or -1.07% to 23,995.72
- ASX 200 decreased 31.00 points or -0.42 to 7,353.50
- Kospi decreased 19.34 points or -0.64% to 3,010.23
- SENSEX decreased 20.46 points or -0.03% to 58,786.67
- Nifty50 decreased 5.55 points or -0.03% to 17,511.30
The major Asian currency markets had a mixed day today:
- AUDUSD increased 0.00275 or 0.38% to 0.71745
- NZDUSD increased 0.00086 or 0.13% to 0.67966
- USDJPY decreased 0.14 or -0.12% to 113.30
- USDCNY decreased 0.00249 or -0.04% to 6.37570
Precious Metals:
- Gold increased 9.34 USD/t oz. or 0.53% to 1,783.80
- Silver increased 0.227 USD/t. oz or 1.03% to 22.155
Some economic news from last night:
Australia:
Business NZ PMI (Nov) decreased from 54.3 to 50.6
Electronic Card Retail Sales (MoM) (Nov) decreased from 10.0% to 9.6%
Some economic news from today:
India:
FX Reserves, USD decreased from 637.69B to 635.91B
Cumulative Industrial Production (Oct) decreased from 23.50% to 20.00%
Industrial Production (YoY) (Oct) increased from 3.1% to 3.2%
Manufacturing Output (MoM) (Oct) decreased from 2.7% to 2.0%
EUROPE/EMEA:
The major European stock markets had a negative day:
- CAC 40 decreased 16.55 points or -0.24% to 6,991.68
- FTSE 100 decreased 29.48 points or -0.40% to 7,291.78
- DAX 30 decreased 15.95 points or -0.10% to 15,623.31
The major European currency markets had a mixed day today:
- EURUSD increased 0.00255 or 0.23% to 1.13185
- GBPUSD increased 0.00382 or 0.29% to 1.32627
- USDCHF decreased 0.00403 or -0.44% to 0.92038
Some economic news from Europe today:
Germany:
German CPI (MoM) (Nov) remain the same at -0.2%
UK:
GDP (MoM) decreased from 0.6% to 0.1%
GDP (YoY) (Q3) decreased from 5.3% to 4.6%
Industrial Production (MoM) (Oct) decreased from -0.4% to -0.6%
Manufacturing Production (MoM) (Oct) decreased from 0.1% to 0.0%
Trade Balance (Oct) increased from -14.74B to -13.93B
Trade Balance Non-EU (Oct) increased from -9.10B to -8.62B
NIESR Monthly GDP Tracker remain the same at 0.9%
US/AMERICAS:
US Market Closings:
- Dow advanced 216.3 points or 0.6% to 35,970.99
- S&P 500 advanced 44.57 points or 0.95% to 4,712.02
- Nasdaq advanced 113.23 points or 0.73% to 15,630.6
- Russell 2000 declined 8.4 points or -0.38% to 2,211.81
Canada Market Closings:
- TSX Composite declined 34.87 points or -0.17% to 20,890.62
- TSX 60 declined 1.35 points or -0.11% to 1,268.11
Brazil Market Closing:
- Bovespa advanced 1,467.1 points or 1.38% to 107,758.34
ENERGY:
The oil markets had a mixed day today:
- Crude Oil increased 0.4 USD/BBL or 0.56% to 71.3400
- Brent increased 0.36 USD/BBL or 0.48% to 74.7800
- Natural gas increased 0.136 USD/MMBtu or 3.57% to 3.9500
- Gasoline increased 0.008 USD/GAL or 0.38% to 2.1364
- Heating oil decreased 0.0012 USD/GAL or -0.05% to 2.2491
The above data was collected around 12:55 EST on Friday
- Top commodity gainers: Natural Gas (3.57%) and Rubber (1.41%), Lithium (2.85%), Lumber (4.35%)
- Top commodity losers: Oat (-2.08%), Coffee (-2.23%), Bitumen (-2.14%), and Palladium (-3.19%)
The above data was collected around 13:05 EST on Friday
BONDS:
Japan 0.055%(+0.6bp), US 2’s 0.6524% (-0.04%), US 10’s 1.4735%(-2.38bps); US 30’s 1.8695% (-0.01%), Bunds -0.342% (+0.9bp), France 0.002% (-0.2bp), Italy 0.969% (-3.3bp), Turkey 20.48% (+2bp), Greece 1.382% (+0.1bp), Portugal 0.309% (-1.5bp); Spain 0.384% (+0.11bp) and UK Gilts 0.734% (-2.1bp).
Disclosure: None.