Market Talk – November 28, 2023

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 39.28 points or -0.12% to 33,408.39
• Shanghai increased 6.85 points or 0.23% to 3,038.55
• Hang Seng decreased 170.92 points or -0.98% to 17,354.14
• ASX 200 increased 27.60 points or 0.39% to 7,015.20
• Kospi increased 26.10 points or 1.05% to 2,521.76
• SENSEX increased 204.16 points or 0.31% to 66,174.20
• Nifty50 increased 95.00 points or 0.48% to 19,889.70

The major Asian currency markets had a mixed day today:

• AUDUSD increased 0.0041 or 0.62% to 0.66470
• NZDUSD increased 0.00368 or 0.60% to 0.61328
• USDJPY decreased 1.193 or -0.80% to 147.477
• USDCNY decreased 0.0254 or -0.35% to 7.13380

The above data was collected around 16:22 EST.

Precious Metals:

• Gold increased 26.98 USD/t oz. or 1.34% to 2,040.62
• Silver increased 0.398 USD/t. oz or 1.62% to 25.016

The above data was collected around 16:22 EST.

EUROPE/EMEA:

The major Europe stock markets had a mixed day today:

• CAC 40 decreased 15.36 points or -0.21% to 7,250.13
• FTSE 100 decreased 5.46 points or -0.07% to 7,455.24
• DAX 30 increased 26.30 points or 0.16% to 15.992.67

The major Europe currency markets had a mixed day today:

• EURUSD increased 0.00358 or 0.33% to 1.09888
• GBPUSD increased 0.00702 or 0.56% to 1.26952
• USDCHF decreased 0.00199 or -0.23% to 0.87821

The above data was collected around 16:26 EST.

US/AMERICAS:

Over the five-day weekend from Thanksgiving Day through Cyber Monday, a record 200.4 million shoppers visited stores and online platforms, according to the National Retail Federation. The average spending on holiday-related purchases over the weekend was approximately $321.41, similar to last year’s figures. The strong turnout reflects consumers’ enthusiasm for bargain hunting, while retailers are adopting a more cautious approach. Online sales also saw a significant increase, with consumers spending $9.8 billion on Black Friday and $12.4 billion on Cyber Monday.

US Market Closings:

• Dow advanced 83.51 points or 0.24% to 35,416.98
• S&P 500 advanced 4.46 points or 0.1% to 4,554.89
• Nasdaq advanced 40.73 points or 0.29% to 14,281.76
• Russell 2000 declined 8.35 points or -0.46% to 1,792.81

Canada Market Closings:

• TSX Composite advanced 4.11 points or 0.02% to 20,036.77
• TSX 60 remained unchanged at 1,206.65

Brazil Market Closing:

• Bovespa advanced 806.87 points or 0.64% to 126,538.32

ENERGY:

The oil markets had a mixed day today:

• Crude Oil increased 1.572 USD/BBL or 2.10% to 76.432
• Brent increased 1.404 USD/BBL or 1.76% to 81.384
• Natural gas decreased 0.1625 USD/MMBtu or -5.52% to 2.7835
• Gasoline increased 0.0516 USD/GAL or 2.37% to 2.2315
• Heating oil increased 0.0587 USD/GAL or 2.07% to 2.8966

The above data was collected around 16:27 EST.

• Top commodity gainers: Gasoline (2.37%), Cocoa (2.58%), Feeder Cattle (3.88%) and Orange Juice (2.47%)
• Top commodity losers: Oat (-1.85%), Palladium (-1.51%), Cotton (-2.03%) and Natural Gas (-5.52%)

The above data was collected around 16:32 EST.

BONDS:

Japan 0.756% (-1.9bp), US 2’s 4.75% (-0.143%), US 10’s 4.3303% (-5.77bps); US 30’s 4.51% (-0.024%), Bunds 2.493% (-6bp), France 3.063% (-5bp), Italy 4.261% (-3.8bp), Turkey 26.31% (-31bp), Greece 3.771% (-0.6bp), Portugal 3.161% (-6.7bp); Spain 3.502% (-4.5bp) and UK Gilts 4.174% (-3.9bp)

The above data was collected around 16:35 EST.