Can Britain be Saved form Extinction?
QUESTION: Dear Martin, Merry Christmas to you, your family, and the Armstrong Economic team. All of you have worked tirelessly to help humanity. A question about the UK: you have [...]
Market Talk – December 16, 2024
ASIA:
The major Asian stock markets had a negative day today:
• NIKKEI 225 decreased 12.95 points or -0.03% to 39,457.49
• Shanghai decreased 5.55 points or -0.16% to 3,386.33
• Hang Seng decreased 175.75 points or -0.88% to 19,795.49
• ASX 200 decreased 46.50 points or -0.56% to 8,249.50
• SENSEX decreased 433.70 points or -0.53% to 81,699.42
• Nifty50 decreased 100.05 points or -0.40% to 24,668.25
The major Asian currency markets had a mixed day today:
• AUDUSD increased 0.00137 or 0.22% to 0.63727
• NZDUSD decreased 0.00005 or -0.01% to 0.57800
• USDJPY increased 0.302 or 0.20% to 154.052
• USDCNY increased 0.00786 or 0.11% to 7.28896
The above data was collected around 14:03 EST.
Precious Metals:
• Gold increased 7.31 USD/t oz. or 0.28% to 2,654.61
• Silver increased 0.135 USD/t. oz. or 0.44% to 30.600
The above data was collected around 14:07 EST.
EUROPE/EMEA:
The major Europe stock markets had a negative day today:
• CAC 40 decreased 52.49 points or -0.71% to 7,357.08
• FTSE 100 decreased 38.28 points or -0.46% to 8,262.05
• DAX 30 decreased 92.11 points or -0.45% to 20,313.81
The major Europe currency markets had a green day today:
• EURUSD increased 0.00154 or 0.15% to 1.05164
• GBPUSD increased 0.00741 or 0.59% to 1.26926
• USDCHF increased 0.0009 or 0.10% to 0.89410
The above data was collected around 14:12 EST.
US/AMERICAS:
US Market Closings:
- Dow declined 110.58 points or -0.25% to 43,717.48
- S&P 500 advanced 22.99 points or 0.38% to 6,074.08
- Nasdaq advanced 247.17 points or 1.24% to 20,173.89
- Russell 2000 advanced 15.1 points or 0.64% to 2,361.99
Canada Market Closings:
- TSX Composite declined 127.09 points or -0.5% to 25,147.21
- TSX 60 declined 7.94 points or -0.52% to 1,509.03
Brazil Market Closing:
- Bovespa declined 1,052.85 points or -0.84% to 123,559.37
ENERGY:
The oil markets had a negative day today:
• Crude Oil decreased 0.661 USD/BBL or -0.93% to 70.629
• Brent decreased 0.561 USD/BBL or -0.75% to 73.929
• Natural gas decreased 0.0666 USD/MMBtu or -2.03% to 3.2134
• Gasoline decreased 0.0254 USD/GAL or -1.27% to 1.9748
• Heating oil decreased 0.0005 USD/GAL or -0.02% to 2.2655
The above data was collected around 14:15 EST.
• Top commodity gainers: Platinum (1.45%), Cocoa (3.80%), Orange Juice (3.95%) and Coffee (2.24%)
• Top commodity losers: Lean Hogs (-2.47%), Cheese (-4.75%), Aluminum (-1.99%) and Natural Gas (-2.03%)
The above data was collected around 14:19 EST.
BONDS:
Japan 1.0720% (+3.15bp), US 2’s 4.25% (+0.006%), US 10’s 4.4040% (+0.8bps); US 30’s 4.62% (+0.016%), Bunds 2.2375% (-0.95bp), France 3.044% (+1.15bp), Italy 3.3930% (+0.75bp), Turkey 28.45% (+11bp), Greece 3.060% (+4bp), Portugal 2.731% (+3bp); Spain 2.928% (+1.05bp) and UK Gilts 4.4450% (+2.65bp)
The above data was collected around 14:22 EST.
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