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 6, 2024
ASIA:
The major Asian stock markets had a mixed day today:
• NIKKEI 225 decreased 304.43 points or -0.77% to 39,091.17
• Shanghai increased 35.22 points or 1.05% to 3,404.08
• Hang Seng increased 305.41 points or 1.56% to 19,865.85
• ASX 200 decreased 54.00 points or -0.64% to 8,420.90
• SENSEX decreased 117.63 points or -0.14% to 81,648.23
• Nifty50 decreased 30.60 points or -0.12% to 24,677.80
The major Asian currency markets had a mixed day today:
• AUDUSD decreased 0.00671 or -1.04% to 0.63854
• NZDUSD decreased 0.00404 or -0.69% to 0.58316
• USDJPY decreased 0.096 or -0.06% to 150.018
• USDCNY increased 0.01988 or 0.27% to 7.28338
The above data was collected around 13:17 EST.
Precious Metals:
• Gold increased 4.07 USD/t oz. or 0.15% to 2,637.86
• Silver decreased 0.27 USD/t. oz. or -0.86% to 31.079
The above data was collected around 13:21 EST.
EUROPE/EMEA:
The major Europe stock markets had a mixed day today:
• CAC 40 increased 96.34 points or 1.31% to 7,426.88
• FTSE 100 decreased 40.77 points or -0.49% to 8,308.61
• DAX 30 increased 25.81 points or 0.13% to 20,384.61
The major Europe currency markets had a negative day today:
• EURUSD decreased 0.00268 or -0.25% to 1.05592
• GBPUSD decreased 0.00196 or -0.15% to 1.27394
• USDCHF decreased 0.00017 or -0.02% to 0.87833
The above data was collected around 13:25 EST.
US/AMERICAS:
US Market Closings:
- Dow declined 123.19 points or -0.28% to 44,642.52
- S&P 500 advanced 15.16 points or 0.25% to 6,090.27
- Nasdaq advanced 159.05 points or 0.81% to 19,859.77
- Russell 2000 advanced 12.83 points or 0.54% to 2,408.99
Canada Market Closings:
- TSX Composite advanced 11.76 points or 0.05% to 25,691.8
- TSX 60 advanced 2.24 points or 0.15% to 25,691.8
Brazil Market Closing:
- Bovespa declined 1,894.08 points or -1.48% to 125,963.5
ENERGY:
The oil markets had a negative day today:
• Crude Oil decreased 0.824 USD/BBL or -1.21% to 67.476
• Brent decreased 0.683 USD/BBL or -0.95% to 71.407
• Natural gas decreased 0.0026 USD/MMBtu or -0.08% to 3.0764
• Gasoline decreased 0.0168 USD/GAL or -0.87% to 1.9163
• Heating oil decreased 0.0145 USD/GAL or -0.67% to 2.1417
The above data was collected around 13:29 EST.
• Top commodity gainers: Coffee (5.29%), Cotton (3.63%), Sugar (2.15%) and Canola (2.42%)
• Top commodity losers: Oat (-2.04%), Methanol (-4.63%), Aluminum (-1.42%) and Butter (-3.11%)
The above data was collected around 13:36 EST.
BONDS:
Japan 1.0530% (-1.96bp), US 2’s 4.11% (-0.042%), US 10’s 4.1580% (-1.7bps); US 30’s 4.34% (-0.006%), Bunds 2.1035% (-0.05bp), France 2.876% (-1.7bp), Italy 3.1930% (-0.75bp), Turkey 27.79% (-15bp), Greece 2.886% (-0.4bp), Portugal 2.510% (+0.7bp); Spain 2.757% (+0.7bp) and UK Gilts 4.2800% (-0.78bp)
The above data was collected around 13:40 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 [...]
