Market Talk – December 3, 2024

Market Talk 2017

ASIA:
The major Asian stock markets had a green day today:
• NIKKEI 225 increased 735.84 points or 1.91% to 39,248.86
• Shanghai increased 14.82 points or 0.44% to 3,378.81
• Hang Seng increased 196.03 points or 1.00% to 19,746.32
• ASX 200 increased 47.30 points or 0.56% to 8,495.20
• SENSEX increased 587.29 points or 0.73% to 80,835.37
• Nifty50 increased 181.10 points or 0.75% to 24,457.15
The major Asian currency markets had a mixed day today:
• AUDUSD increased 0.0006 or 0.09% to 0.64805
• NZDUSD decreased 0.00075 or -0.13% to 0.58805
• USDJPY decreased 0.162 or -0.11% to 149.433
• USDCNY increased 0.01135 or 0.16% to 7.29740
The above data was collected around 15:45 EST.
Precious Metals:
•  Gold increased 0.12 USD/t oz. or 0.00% to 2,642.33
•  Silver increased 0.45 USD/t. oz. or 1.47% to 31.046
The above data was collected around 15:48 EST.
EUROPE/EMEA:
The major Europe stock markets had a green day today:
•  CAC 40 increased 18.53 points or 0.26% to 7,255.42
•  FTSE 100 increased 46.52 points or 0.56% to 8,359.41
•  DAX 30 increased 83.13 points or 0.42% to 20,016.75
The major Europe currency markets had a mixed day today:
• EURUSD increased 0.00105 or 0.10% to 1.05085
• GBPUSD increased 0.00155 or 0.12% to 1.26710
• USDCHF decreased 0.00045 or -0.05% to 0.88625
The above data was collected around 15:55 EST.
US/AMERICAS:

US Market Closings:

  • Dow declined 76.47 points or -0.17% to 44,705.53
  • S&P 500 advanced 2.73 points or 0.05% to 6,049.88
  • Nasdaq advanced 76.96 points or 0.4% to 19,480.91
  • Russell 2000 declined 17.79 points or -0.73% to 2,416.35

 

Canada Market Closings:

  • TSX Composite advanced 45.4 points or 0.18% to 25,635.73
  • TSX 60 advanced 0.27 of a point or 0.02% to 1,537.36

 

Brazil Market Closing:

  • Bovespa advanced 903.66 points or 0.72% to 126,139.2
ENERGY:
The oil markets had a mixed day today:
•  Crude Oil increased 1.795 USD/BBL or 2.63% to 69.965
•  Brent increased 1.652 USD/BBL or 2.30% to 73.582
•  Natural gas decreased 0.1674 USD/MMBtu or -5.21% to 3.0446
•  Gasoline increased 0.046 USD/GAL or 2.40% to 1.9636
•  Heating oil increased 0.0375 USD/GAL or 1.72% to 2.2146
The above data was collected around 15:59 EST.
•  Top commodity gainers: Gasoline (2.40%), Crude Oil (2.63%), Rapeseed (2.72%) and Palm Oil (2.60%)
•  Top commodity losers: Natural Gas (-5.21%), Cocoa (-4.02%), HRC Steel (-1.29%) and Palladium (-1.48%)
The above data was collected around 16:05 EST.
BONDS:
Japan 1.0810% (+0.39bp), US 2’s 4.19% (-0.006%), US 10’s 4.2310% (+3.3bps); US 30’s 4.41% (+0.050%), Bunds 2.0560% (+2.25bp), France 2.902% (-1.3bp), Italy 3.2430% (-1.5bp), Turkey 27.51% (-10bp), Greece 2.900% (+0bp), Portugal 2.513% (+1.3bp); Spain 2.768% (+0.7bp) and UK Gilts 4.2510% (+3.53bp)
The above data was collected around 16:08 EST.

Latest Posts

Canada Created its Own Trade Barriers

Stéfane Marion, chief economist of the National Bank of Canada, has urged the Canadian government to reconsider their own trade barriers amid criticism of Donald Trump’s proposed tariffs. The International [...]
Read more

US Population Rapidly Growing

The population of the United States grew by 1% to 340.1 million in 2024, according to the US Census Bureau, marking the largest population increase since 2000. The nation has [...]
Read more

China Eyes Vacant VW Factories

Germany’s failing auto sector may prove to be an integral power play for China, as Chinese OEMs are eyeing soon-to-be vacant Volkswagen (VW) factories. Volkswagen plans to close at least [...]
Read more

Inflation Soars in Russia

Russia’s CPI reached 9.5% this December as government spending has pulled the reigns away from the central bank. Inflation elevated from 8.9% YoY in November to 9.5%, slightly below expectations [...]
Read more