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 5, 2024
ASIA:
The major Asian stock markets had a mixed day today:
• NIKKEI 225 increased 119.21 points or 0.30% to 39,395.60
• Shanghai increased 4.21 points or 0.12% to 3,368.86
• Hang Seng decreased 182.02 points or -0.92% to 19,560.44
• ASX 200 increased 12.30 points or 0.15% to 8,474.90
• SENSEX increased 809.39 points or 1.00% to 81,765.72
• Nifty50 increased 240.95 points or 0.98% to 24,708.40
The major Asian currency markets had a mixed day today:
• AUDUSD increased 0.00199 or 0.31% to 0.64504
• NZDUSD increased 0.00120 or 0.20% to 0.58840
• USDJPY decreased 0.526 or -0.35% to 150.067
• USDCNY decreased 0.01405 or -0.19% to 7.26345
The above data was collected around 15:59 EST.
Precious Metals:
• Gold decreased 18.67 USD/t oz. or -0.70% to 2,631.66
• Silver increased 0.041 USD/t. oz. or 0.13% to 31.362
The above data was collected around 16:01 EST.
EUROPE/EMEA:
The major Europe stock markets had a green day today:
• CAC 40 increased 27.26 points or 0.37% to 7,330.54
• FTSE 100 increased 13.57 points or 0.16% to 8,349.38
• DAX 30 increased 126.66 points or 0.63% to 20,358.80
The major Europe currency markets had a mixed day today:
• EURUSD increased 0.00742 or 0.71% to 1.05857
• GBPUSD increased 0.00512 or 0.40% to 1.27527
• USDCHF decreased 0.00575 or -0.65% to 0.87850
The above data was collected around 16:12 EST.
US/AMERICAS:
US Market Closings:
- Dow declined 248.33 points or -0.55% to 44,765.71
- S&P 500 declined 11.38 points or -0.19% to 6,075.11
- Nasdaq declined 34.86 points or -0.18% to 19,700.26
- Russell 2000 declined 30.39 points or -1.25% to 2,396.17
Canada Market Closings:
- TSX Composite advanced 38.86 points or 0.15% to 25,680.04
- TSX 60 advanced 2.02 points or 0.13% to 1,539.05
Brazil Market Closing:
- Bovespa declined advanced 1,686.99 points or 1.34% to 127,774.01
ENERGY:
The oil markets had a mixed day today:
• Crude Oil decreased 0.048 USD/BBL or -0.07% to 68.492
• Brent decreased 0.107 USD/BBL or -0.15% to 72.203
• Natural gas increased 0.043 USD/MMBtu or 1.41% to 3.0860
• Gasoline decreased 0.003 USD/GAL or -0.15% to 1.9359
• Heating oil decreased 0.0084 USD/GAL or -0.39% to 2.1565
The above data was collected around 16:06 EST.
• Top commodity gainers: Coffee (4.19%), Palm Oil (2.40%), Cocoa (4.71%) and Canola (2.26%)
• Top commodity losers: Oat (-4.90%), Cotton (-4.51%), Lumber (-1.83%) and Butter (-5.41%)
The above data was collected around 16:20 EST.
BONDS:
Japan 1.0730% (+2.02bp), US 2’s 4.15% (+0.010%), US 10’s 4.1790% (-0.2bps); US 30’s 4.34% (-0.010%), Bunds 2.0950% (+4.35bp), France 2.893% (-0.3bp), Italy 3.1890% (-2.3bp), Turkey 27.94% (+22bp), Greece 2.890% (-2bp), Portugal 2.503% (+0.6bp); Spain 2.750% (+0.8bp) and UK Gilts 4.2880% (+3.8bp)
The above data was collected around 16:24 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 [...]
