Market Talk - Thursday, Dec. 16

ASIA:

The major Asian stock markets had a mixed day today:

  • NIKKEI 225 increased 606.60 points or 2.13% to 29,066.32
  • Shanghai increased 27.39 or 0.75% to 3,675.02
  • Hang Seng increased 54.74 points or 0.23% to 23,475.50
  • ASX 200 decreased 31.40 points or -0.43 to 7,295.70
  • Kospi increased 17.02 points or 0.57% to 3,006.41
  • SENSEX increased 113.11 points or 0.20% to 57,901.14
  • Nifty50 increased 27.00 points or 0.16% to 17,248.40

The major Asian currency markets had a mixed day today:

  • AUDUSD increased 0.00142 or 0.20% to 0.71857
  • NZDUSD increased 0.00163 or 0.24% to 0.67975
  • USDJPY decreased 0.51 or -0.45% to 113.64
  • USDCNY increased 0.00411 or 0.06% to 6.37803

Precious Metals:

  • Gold increased 20.77 USD/t oz. or 1.17% to 1,797.83
  • Silver increased 0.423 USD/t. oz or 1.92% to 22.474

Some economic news from last night:

Japan:

Exports (YoY) (Nov) increased from 9.4% to 20.5%

Imports (YoY) (Nov) increased from 26.7% to 43.8%

Trade Balance (Nov) decreased from -68.5B to -954.8B

Australia:

Employment Change (Nov) increased from -46.3K to 366.1K

Full Employment Change (Nov) increased from -40.4K to 128.3K

Unemployment Rate (Nov) decreased from 5.2% to 4.6%

New Zealand:

GDP (QoQ) (Q3) decreased from 2.4% to -3.7%

Some economic news from today:

Hong Kong:

Unemployment Rate (Nov) decreased from 4.3% to 4.1%

EUROPE/EMEA:

The major Europe stock markets had a green day:

  • CAC 40 increased 77.44 points or 1.12% to 7,005.07
  • FTSE 100 increased 89.86 points or 1.25% to 7,260.61
  • DAX 30 increased 160.05 points or 1.03% to 15,636.40

The major Europe currency markets had a mixed day today:

  • EURUSD increased 0.00248 or 0.22% to 1.13179
  • GBPUSD increased 0.0051 or 0.38% to 1.33170
  • USDCHF decreased 0.00383 or -0.41% to 0.92045

Some economic news from Europe today:

France:

French Manufacturing PMI (Dec) decreased from 55.9 to 54.9

French Services PMI (Dec) decreased from 57.4 to 57.1

Swiss:

SNB Interest Rate Decision (Q4) remain the same at -0.75%

Germany:

German Manufacturing PMI (Dec) increased from 57.4 to 57.9

German Services PMI (Dec) decreased from 52.7 to 48.4

Euro Zone:

Manufacturing PMI (Dec) decreased from 58.4 to 58.0

Markit Composite PMI (Dec) decreased from 55.4 to 53.4

Services PMI (Dec) decreased from 55.9 to 53.3

Wages in euro zone (YoY) (Q3) increased from -0.50% to 2.30%

Trade Balance (Oct) decreased from 7.8B to 3.6B

Deposit Facility Rate (Dec) remain the same at -0.50%

UK:

BoE QE Total (Dec) remain the same at 875B

BoE Interest Rate Decision (Dec) increased from 0.10% to 0.25%

US/AMERICAS:

US Market Closings:

  • Dow declined 29.79 points or -0.08% to 35,897.64
  • S&P 500 declined 41.18 points or -0.87% to 4,668.67
  • Nasdaq declined 385.15 points or -2.47% to 15,180.43
  • Russell 2000 declined 42.75 points or -1.95% to 2,152.46

Canada Market Closings:

  • TSX Composite declined 29.38 points or -0.14% to 20,739.78
  • TSX 60 declined 2.46% or -0.2% to 1,260.71

Brazil Market Closing:

  • Bovespa advanced 895.15 points or 0.83% to 108,326.33

 

ENERGY:

The oil markets had a green day today:

  • Crude Oil increased 1.61 USD/BBL or 2.27% to 72.4800
  • Brent increased 1.31 USD/BBL or 1.77% to 75.1900
  • Natural gas increased 0.036 USD/MMBtu or 0.95% to 3.8380
  • Gasoline increased 0.0497 USD/GAL or 2.34% to 2.1772
  • Heating oil increased 0.0475 USD/GAL or 2.14% to 2.2679

The above data was collected around 13:25 EST on Thursday

  • Top commodity gainers: Cotton (3.75%) and Steel (8.97%), Zinc (5.59%), Palladium (8.37%)
  • Top commodity losers: Lumber (-0.41%), Milk (-0.48%), Cheese (-0.34%), and Rubber (-0.72%)

The above data was collected around 13:35 EST on Thursday.

BONDS:

Japan 0.043%(-0.1bp), US 2’s 0.62% (-0.04%), US 10’s 1.4292%(-2.9bps); US 30’s 1.86% (+0.003%), Bunds -0.354% (+0.8bp), France -0.003% (+1.4bp), Italy 0.981% (+5.8bp), Turkey 21.11% (+23bp), Greece 1.237% (-7.4bp), Portugal 0.273% (+0.4bp); Spain 0.400% (+5.12bp) and UK Gilts 0.741% (+0.5bp).

Disclosure: None.

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