Market Talk – December 2, 2024

Market Talk 2017

ASIA:
The major Asian stock markets had a green day today:
• NIKKEI 225 increased 304.99 points or 0.80% to 38,513.02
• Shanghai increased 37.53 points or 1.13% to 3,363.98
• Hang Seng increased 126.68 points or 0.65% to 19,550.29
• ASX 200 increased 11.70 points or 0.14% to 8,447.90
• SENSEX increased 458.75 points or 0.57% to 80,261.54
• Nifty50 increased 144.95 points or 0.60% to 24,276.05
The major Asian currency markets had a mixed day today:
• AUDUSD decreased 0.00551 or -0.85% to 0.64559
• NZDUSD decreased 0.00446 or -0.75% to 0.58754
• USDJPY decreased 0.622 or -0.41% to 149.192
• USDCNY increased 0.03892 or 0.54% to 7.28692
The above data was collected around 11:55 EST.
Precious Metals:
•  Gold decreased 16.37 USD/t oz. or -0.62% to 2,641.42
•  Silver decreased 0.151 USD/t. oz. or -0.49% to 30.459
The above data was collected around 11:40 EST.
EUROPE/EMEA:
The major Europe stock markets had a green day today:
•  CAC 40 increased 1.78 points or 0.02% to 7,236.89
•  FTSE 100 increased 25.59 points or 0.31% to 8,312.89
•  DAX 30 increased 307.17 points or 1.57% to 19,933.62
The major Europe currency markets had a mixed day today:
• EURUSD decreased 0.00936 or -0.88% to 1.04834
• GBPUSD decreased 0.00952 or -0.75% to 1.26353
• USDCHF increased 0.00531 or 0.60% to 0.88666
The above data was collected around 11:59 EST.

US/AMERICAS:

US Market Closings:

  • Dow declined 128.65 points or -0.29% to 44,782
  • S&P 500 advanced 14.77 points or 0.24% to 6,047.15
  • Nasdaq advanced 185.78 points or 0.97% to 19,403.95
  • Russell 2000 declined 0.59 of a point or -0.02% to 2,434.14

 

Canada Market Closings:

  • TSX Composite declined 57.67 points or -0.22% to 25,590.33
  • TSX 60 declined 1.66 points or -0.11% to 1,537.09

 

Brazil Market Closing:

  • Bovespa declined 432.29 points or -0.34% to 125,235.54
ENERGY:
The oil markets had a negative day today:
•  Crude Oil decreased 0.895 USD/BBL or -1.30% to 67.735
•  Brent decreased 0.853 USD/BBL or -1.18% to 71.527
•  Natural gas decreased 0.1346 USD/MMBtu or -4.04% to 3.2004
•  Gasoline decreased 0.002 USD/GAL or -0.10% to 1.9034
•  Heating oil decreased 0.0243 USD/GAL or -1.10% to 2.1789
The above data was collected around 12:01 EST.
•  Top commodity gainers: Cheese (9.15%), Orange Juice (1.44%), Lean Hogs (1.12%) and Wheat (0.81%)
•  Top commodity losers: Natural Gas (-4.04%), Coffee (-7.54%), Nickel (-1.79%) and Zinc (-1.48%)
The above data was collected around 12:10 EST.
BONDS:
Japan 1.0770% (+2.41bp), US 2’s 4.20% (+0.045%), US 10’s 4.1890% (+1.4bps); US 30’s 4.36% (-0.007%), Bunds 2.0330% (-5.4bp), France 2.914% (+2.2bp), Italy 3.2610% (-1.1bp), Turkey 27.61% (+23bp), Greece 2.912% (-1.8bp), Portugal 2.508% (-2.85bp); Spain 2.766% (-2.1bp) and UK Gilts 4.2160% (-3.11bp)
The above data was collected around 12:16 EST.

Latest Posts

June 2025 Webinars – Tickets Available

June 2025 Webinars About our webinars: Due to the high demand and interest surrounding recent and upcoming significant turning points, we are offering another webinar on the Economic Confidence Model (ECM) and the global business cycle. While researching the fluctuations in prices, [...]
Read more

Ukraine and May 15th

QUESTION: Hey Martin, I’ve been receiving this question frequently—are there particular markets we should be focusing on, or is the upcoming ECM turning point more of a general signal across the [...]
Read more

Russia Constructing Bridge to North Korea

Russia-North Korean relations are stronger than ever. Russia has begun construction on a 4.7-kilometer bridge across the Tumen River that will connect the two nations. Russia’s Prime Minister, Mikhail Mishustin, [...]
Read more