Market Talk – December 14, 2022

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ASIA:

 

The major Asian stock markets had a green day today:

  • NIKKEI 225 increased 201.36 points or 0.72% to 28,156.21
  • Shanghai increased 0.20 points or 0.01% to 3,176.53
  • Hang Seng increased 77.25 points or 0.39% to 19,673.45
  • ASX 200 increased 48.00 points or 0.67% to 7,251.30
  • Kospi increased 26.85 points or 1.13% to 2,399.25
  • SENSEX increased 144.61 points or 0.23% to 62,677.91
  • Nifty50 increased 52.30 points or 0.28% to 18,660.30

 

 

The major Asian currency markets had a mixed day today:

  • AUDUSD increased 0.00260 or 0.38% to 0.68714
  • NZDUSD decreased 0.00060 or -0.09% to 0.64560
  • USDJPY decreased 0.684 or -0.50% to 134.929
  • USDCNY decreased 0.01690 or -0.24% to 6.94608

 

Precious Metals:

  • Gold decreased 7.08 USD/t oz. or -0.39% to 1,803.21
  • Silver decreased 0.054 USD/t. oz or -0.23% to 23.674

 

Some economic news from last night:

Japan:

Industrial Production (MoM) (Oct) decreased from -1.7% to -3.2%

New Zealand:

Current Account (YoY) (Q3) decreased from -27.82B to -29.65B

Current Account (QoQ) (Q3) decreased from -5.42B to -10.20B

 

Some economic news from today:

India:

WPI Food (YoY) (Nov) decreased from 8.33% to 1.07%

WPI Fuel (YoY) (Nov) decreased from 23.17% to 17.35%

WPI Inflation (YoY) (Nov) decreased from 8.39% to 5.85%

WPI Manufacturing Inflation (YoY) (Nov) decreased from 4.42% to 3.59%

 

 

EUROPE/EMEA:

 

The major Europe stock markets had a negative day:

  • CAC 40 decreased 14.19 points or -0.21% to 6,730.79
  • FTSE 100 decreased 6.96 points or -0.09% to 7,495.93
  • DAX 30 decreased 37.69 points or -0.26% to 14,460.20

 

The major Europe currency markets had a mixed day today:

  • EURUSD increased 0.00194 or 0.18% to 1.06455
  • GBPUSD increased 0.00185 or 0.15% to 1.23766
  • USDCHF decreased 0.0034 or -0.37% to 0.92540

 

Some economic news from Europe today:

UK:

CPI (MoM) (Nov) decreased from 2.0% to 0.4%

CPI (YoY) (Nov) decreased from 11.1% to 10.7%

Swiss:

PPI (MoM) (Nov) decreased from 0.0% to -0.5%

Spain:

Spanish CPI (YoY) (Nov) decreased from 7.3% to 6.8%

Spanish HICP (YoY) (Nov) decreased from 7.3% to 6.7%

Euro Zone:

Industrial Production (MoM) (Oct) decreased from 0.8% to -2.0%

 

US/AMERICAS:

 

US Market Closings:

  • Dow declined 142.29 points or -0.42% to 33,966.35
  • S&P 500 declined 24.33 points or -0.61% to 3,995.32
  • Nasdaq declined 85.93 points or -0.76% to 11,170.89
  • Russell 2000 declined 11.91 points or -0.65% to 1,820.45

 

Canada Market Closings:

  • TSX Composite declined 131.81 points or -0.66% to 19,891.65
  • TSX 60 declined 9.26 points or -0.77% to 1,200.31

 

Brazil Market Closing:

  • Bovespa advanced 206.1 points or 0.2% to 103,745.77

 

 

ENERGY:

 

The oil markets had a mixed day today:

 

  • Crude Oil increased 1.768 USD/BBL or 2.35% to 77.159
  • Brent increased 1.775 USD/BBL or 2.20% to 82.455
  • Natural gas decreased 0.5096 USD/MMBtu or -7.35% to 6.4254
  • Gasoline increased 0.0856 USD/GAL or 3.96% to 2.2465
  • Heating oil increased 0.1874 USD/GAL or 6.06% to 3.2796

 

The above data was collected around 14:34 EST on Wednesday

 

  • Top commodity gainers: Heating Oil (6.06%), Gasoline (3.96%), Sugar (2.68%) and Bitumen (4.94%)
  • Top commodity losers: Natural Gas (-7.35%), Lumber (-2.59%), Butter (-3.21%) and Oat (-7.95%)

 

The above data was collected around 14:49 EST Wednesday

 

 

BONDS:

 

Japan 0.251%(+0bp), US 2’s 4.25% (+0.016%), US 10’s 3.4938% (-0.92bps); US 30’s 3.53% (+0.003%), Bunds 1.949% (+4.5bp), France 2.433% (+4bp), Italy 3.858% (+6.1bp), Turkey 10.73% (-21bp), Greece 4.099% (+14.8bp), Portugal 2.892% (+5.8bp); Spain 2.97% (+3.4bp) and UK Gilts 3.313% (+1.6bp).