Tariffs are NOT Reciprocal
How did the Trump Administration come up with these tariff rates? Why would a nation like Madagascar, for example, with a small economy, be hit with a 47% tariff? Reciprocal [...]
Market Talk – December 4, 2024
ASIA:
The major Asian stock markets had a mixed day today:
• NIKKEI 225 increased 27.53 points or 0.07% to 39,276.39
• Shanghai decreased 14.16 points or -0.42% to 3,364.65
• Hang Seng decreased 3.86 points or -0.02% to 19,742.46
• ASX 200 decreased 32.60 points or -0.38% to 8,462.60
• SENSEX increased 92.04 points or 0.11% to 80,937.79
• Nifty50 increased 10.30 points or 0.04% to 24,467.45
The major Asian currency markets had a mixed day today:
• AUDUSD decreased 0.00474 or -0.73% to 0.64391
• NZDUSD decreased 0.00222 or -0.38% to 0.58658
• USDJPY increased 0.509 or 0.34% to 150.123
• USDCNY decreased 0.02694 or -0.37% to 7.27286
The above data was collected around 13:12 EST.
Precious Metals:
• Gold increased 7.7 USD/t oz. or 0.29% to 2,650.48
• Silver increased 0.345 USD/t. oz. or 1.11% to 31.339
The above data was collected around 13:16 EST.
EUROPE/EMEA:
The major Europe stock markets had a mixed day today:
• CAC 40 increased 47.86 points or 0.66% to 7,303.28
• FTSE 100 decreased 23.60 points or -0.28% to 8,335.81
• DAX 30 increased 215.39 points or 1.08% to 20,232.14
The major Europe currency markets had a mixed day today:
• EURUSD increased 0.00237 or 0.23% to 1.05322
• GBPUSD increased 0.00417 or 0.33% to 1.27152
• USDCHF decreased 0.00325 or -0.37% to 0.88320
The above data was collected around 13:23 EST.
US/AMERICAS:
US Market Closings:
- Dow advanced 308.51 points or 0.69% to 45,014.04
- S&P 500 advanced 36.61 points or 0.61% to 6,086.49
- Nasdaq advanced 254.21 points or 1.3% to 19,735.12
- Russell 2000 advanced 10.21 points or 0.42% to 2,426.56
Canada Market Closings:
- TSX Composite advanced 5.45 points or 0.02% to 25,641.18
- TSX 60 declined 0.33 of a point or -0.02% to 1,537.03
Brazil Market Closing:
- Bovespa declined 65.14 points or -0.05% to 126,074.06
ENERGY:
The oil markets had a mixed day today:
• Crude Oil decreased 1.105 USD/BBL or -1.58% to 68.835
• Brent decreased 1.003 USD/BBL or -1.36% to 72.617
• Natural gas increased 0.0027 USD/MMBtu or 0.09% to 3.0447
• Gasoline decreased 0.0154 USD/GAL or -0.79% to 1.9446
• Heating oil decreased 0.0404 USD/GAL or -1.83% to 2.1713
The above data was collected around 13:26 EST.
• Top commodity gainers: Coffee (2.11%), Palm Oil (1.65%), Cocoa (3.97%) and Butter (2.75%)
• Top commodity losers: Oat (-1.75%), Milk (-4.38%), Heating Oil (-1.83%) and Crude Oil (-1.58%)
The above data was collected around 13:40 EST.
BONDS:
Japan 1.0530% (-2.77bp), US 2’s 4.13% (-0.060%), US 10’s 4.1920% (-3.6bps); US 30’s 4.36% (-0.050%), Bunds 2.0510% (-0.4bp), France 2.895% (+0.05bp), Italy 3.2100% (-2.8bp), Turkey 27.72% (+21bp), Greece 2.894% (-0.6bp), Portugal 2.496% (-1.7bp); Spain 2.743% (-2.5bp) and UK Gilts 4.2500% (-0.11bp)
The above data was collected around 13:46 EST.
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ASIA: The major Asian stock markets had a negative day today: • NIKKEI 225 decreased 989.94 points or -2.77% to 34,735.93 • Shanghai decreased 8.12 points or -0.24% to 3,342.01 [...]
