China Retaliates with Tariffs and Trade Restrictions
China imposed a 34% retaliatory tariff on all US goods that will go into effect on April 10. Nations everywhere are beginning to impose their own penalties on US goods. [...]
Market Talk – November 19, 2024
ASIA:
The major Asian stock markets had a green day today:
• NIKKEI 225 increased 193.58 points or 0.51% to 38,414.43
• Shanghai increased 22.16 points or 0.67% to 3,346.01
• Hang Seng increased 87.06 points or 0.44% to 19,663.67
• ASX 200 increased 73.80 points or 0.89% to 8,374.00
• SENSEX increased 90.23 points or 0.12% to 77,429.24
• Nifty50 increased 64.70 points or 0.28% to 23,518.50
The major Asian currency markets had a green day today:
• AUDUSD increased 0.00219 or 0.34% to 0.65274
• NZDUSD increased 0.00164 or 0.28% to 0.59064
• USDJPY increased 0.007 or 0.00% to 154.621
• USDCNY increased 0.01065 or 0.15% to 7.23798
The above data was collected around 13:52 EST.
Precious Metals:
• Gold increased 17.62 USD/t oz. or 0.67% to 2,629.95
• Silver increased 0.064 USD/t. oz. or 0.20% to 31.229
The above data was collected around 13:56 EST.
EUROPE/EMEA:
The major Europe stock markets had a negative day today:
• CAC 40 decreased 48.59 points or -0.67% to 7,229.64
• FTSE 100 decreased 10.30 points or -0.13% to 8,099.02
• DAX 30 decreased 128.88 points or -0.67% to 19,060.31
The major Europe currency markets had a mixed day today:
• EURUSD decreased 0.0003 or -0.03% to 1.05915
• GBPUSD increased 0.00017 or 0.01% to 1.26801
• USDCHF decreased 0.00011 or -0.01% to 0.88311
The above data was collected around 14:00 EST.
US/AMERICAS:
US Market Closings:
- Dow declined 120.66 points or -0.28% to 43,268.94
- S&P 500 advanced 23.36 points or 0.4% to 5,916.98
- Nasdaq advanced 195.66 points or 1.04% to 18,987.47
- Russell 2000 advanced 18.49 points or 0.8% to 2,324.83
Canada Market Closings:
- TSX Composite advanced 33.83 points or 0.14% to 25,010.77
- TSX 60 advanced 1.04 points or 0.07% to 1,499.2
Brazil Market Closing:
- Bovespa advanced 499.02 points or 0.39% to 128,267.21
ENERGY:
The oil markets had a mixed day today:
• Crude Oil increased 0.158 USD/BBL or 0.23% to 69.318
• Brent increased 0.002 USD/BBL or 0.00% to 73.302
• Natural gas increased 0.0252 USD/MMBtu or 0.85% to 2.9982
• Gasoline increased 0.0204 USD/GAL or 1.01% to 2.0368
• Heating oil decreased 0.0051 USD/GAL or -0.23% to 2.2425
The above data was collected around 14:02 EST.
• Top commodity gainers: Palm Oil (2.18%), Cheese (3.58%), Palladium (3.09%) and Coffee (1.66%)
• Top commodity losers: Canola (-2.19%), Oat (-5.74%), Butter (-1.77%) and Soybeans (-0.99%)
The above data was collected around 14:09 EST.
BONDS:
Japan 1.0650% (-1.12bp), US 2’s 4.27% (-0.017%), US 10’s 4.3790% (-4.2bps); US 30’s 4.57% (-0.043%), Bunds 2.3340% (-3.75bp), France 3.078% (-2.3bp), Italy 3.5520% (-1.85bp), Turkey 28.45% (+22bp), Greece 3.180% (-4bp), Portugal 2.785% (-1.2bp); Spain 3.027% (-2bp) and UK Gilts 4.4400% (-3.01bp)
The above data was collected around 14:13 EST.
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