Market Talk – December 7, 2023

Market Talk 2017

ASIA:

 

The major Asian stock markets had negative day today:

  • NIKKEI 225 decreased 587.59 points or -1.76% to 32,858.31
  • Shanghai decreased 2.73 points or -0.09% to 2,966.21
  • Hang Seng decreased 117.37 points or -0.71% to 16,345.89
  • ASX 200 decreased 5.10 points or -0.07% to 7,173.30
  • Kospi decreased 3.31 points or -0.13% to 2,492.07
  • SENSEX decreased 132.04 points or -0.19% to 69,521.69
  • Nifty50 decreased 36.55 points or -0.17% to 20,901.15

 

The major Asian currency markets had a mixed day today:

  • AUDUSD increased 0.00542 or 0.83% to 0.66032
  • NZDUSD increased 0.00356 or 0.58% to 0.61736
  • USDJPY decreased 3.74 or -2.54% to 143.570
  • USDCNY decreased 0.01222 or -0.17% to 7.16078

 

The above data was collected around 14:07 EST.

 

 

Precious Metals:

Gold increased 4.83 USD/t oz. or 0.24% to 2,029.73

Silver decreased 0.087 USD/t. oz or -0.37%% to 23.787

 

The above data was collected around 14:09 EST.

 

 

EUROPE/EMEA:

 

The major Europe stock markets had a negative day today:

  •  CAC 40 decreased 7.47 points or -0.10% to 7,428.52
  •  FTSE 100 decreased 1.66 points, or -0.02% to 7,513.72
  •  DAX 30 decreased 27.45 points or -0.16% to 16,628.99

 

The major Europe currency markets had a mixed day today:

  • EURUSD increased 0.0039 or 0.36% to 1.08010
  • GBPUSD increased 0.00369 or 0.29% to 1.25959
  • USDCHF decreased 0.00007 or -0.01% to 0.87433

 

The above data was collected around 14:14 EST.

 

US/AMERICAS:

The Bank of Canada has maintained its benchmark interest rate at 5.0% for the third consecutive decision, with the central bank emphasizing the need for further signs of easing in inflation. The decision comes amid a backdrop of slowing economic growth and a decline in overall inflation, with the central bank continuing its policy of quantitative tightening. The move reflects the Bank’s cautious approach to monetary policy, as it monitors the balance between demand and supply in the economy, inflation expectations, wage growth, and corporate pricing behavior.

 

US Market Closings:

  • Dow advanced 62.95 points or 0.17% to 36,117.38
  • S&P 500 advanced 36.25 points or 0.8% to 4,585.59
  • Nasdaq advanced 193.28 points or 1.37% to 14,339.99
  • Russell 2000 advanced 16.2 points or 0.87% to 1,868.25

 

Canada Market Closings:

  • TSX Composite advanced 4.3 points or 0.02% to 20,278.51
  • TSX 60 declined 0.53 of a point or -0.04% to 1,222.81

 

Brazil Market Closing:

  • Bovespa advanced 386.92 points or 0.31% to 126,009.57

 

 

ENERGY:

 

The oil markets had a mixed day today:

 

  • Crude Oil increased 0.162 USD/BBL or 0.23% to 69.542
  • Brent decreased 0.189 USD/BBL or -0.25% to 74.111
  • Natural gas increased 0.0248 USD/MMBtu or 0.97% to 2.5938
  • Gasoline decreased 0.0232 USD/GAL or -1.14% to 2.0070
  • Heating oil decreased 0.0159 USD/GAL or -0.62% to 2.5603

 

The above data was collected around 14:16 EST.

 

  •   Top commodity gainers: Orange Juice (2.76%), Cotton (5.04%), Canola (2.34%), and Palladium (2.73%)
  •   Top commodity losers: Lumber (-1.12%), Cheese (-2.09%), Oat (-6.00%), and Gasoline (-1.14%)

 

The above data was collected around 14:21 EST.

 

BONDS:

 

Japan 0.753%(+10.3bp), US 2’s 4.58% (-0.023%), US 10’s 4.1191%(-0.19bps); US 30’s 4.23% (+0.008%), Bunds 2.188% (-2.5bp), France 2.728% (-1.8bp), Italy 3.946% (-0.5bp), Turkey 22.83% (+55bp), Greece 3.377% (-0.2bp), Portugal 2.976% (+10.1bp), Spain 3.195% (-1bp) and UK Gilts 3.968% (+2.3bp).

 

The above data was collected around 14:24 EST.

Latest Posts

It’s Always Hillary

https://www.armstrongeconomics.com/wp-content/uploads/2024/11/Tulsi-Russian-Asset.mp4   COMMENT: Marty, After I watched this video of Megan Kelly explaining the Hillary scheme and even claiming Tulsi was a Russian asset, I tried to contact her. Her [...]
Read more

Market Talk – November 22, 2024

ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 257.68 points or 0.68% to 38,283.85 • Shanghai decreased 103.21 points or -3.06% to 3,267.19 [...]
Read more