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Market Talk – December 9, 2022

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ASIA:

 

The major Asian stock markets had a mixed day today:

  • NIKKEI 225 increased 326.58 points or 1.18% to 27,901.01
  • Shanghai increased 9.60 points or 0.30% to 3,206.95
  • Hang Seng increased 450.64 points or 2.32% to 19,900.87
  • Kospi increased 17.96 points or 0.76% to 2,389.04
  • ASX 200 increased 37.70 points or 0.53% to 7,213.20
  • SENSEX decreased 389.01 points or -0.62% to 62,181.67
  • Nifty50 decreased 112.75 points or -0.61% to 18,496.60

 

 

The major Asian currency markets had a mixed day today:

  • AUDUSD increased 0.00367 or 0.54% to 0.68123
  • NZDUSD increased 0.00478 or 0.75% to 0.64248
  • USDJPY decreased 0.315 or -0.23% to 136.265
  • USDCNY increased 0.00119 or 0.02% to 6.96129

 

Precious Metals:

  • Gold increased 16.38 USD/t oz. or 0.92% to 1,805.61
  • Silver increased 0.602 USD/t. oz or 2.61% to 23.670

 

Some economic news from last night:

China:

CPI (MoM) (Nov) decreased from 0.1% to -0.2%

CPI (YoY) (Nov) decreased from 2.1% to 1.6%

PPI (YoY) (Nov) remain the same at -1.3%

 

Some economic news from today:

India:

FX Reserves, USD increased from 547.25B to 561.16B

 

 

EUROPE/EMEA:

 

The major Europe stock markets had a green day:

 

  • CAC 40 increased 30.33 points or 0.46% to 6,677.64
  • FTSE 100 increased 4.46 points or 0.06% to 7,476.63
  • DAX 30 increased 106.16 points or 0.74% to 14,370.72

 

The major Europe currency markets had a mixed day today:

 

  • EURUSD decreased 0.00048 or -0.05% to 1.05512
  • GBPUSD increased 0.00866 or 0.71% to 1.23207
  • USDCHF decreased 0.00489 or -0.52% to 0.93151

 

Some economic news from Europe today:

Spain:

Spanish Consumer Confidence increased from 55.7 to 60.5

Spanish Industrial Production (YoY) (Oct) decreased from 3.6% to 2.5%

UK:

Inflation Expectations decreased from 4.9% to 4.8%

 

US/AMERICAS:

US Market Closings:

  • Dow declined 305.02 points or -0.9% to 33,476.46
  • S&P 500 declined 29.13 points or -0.73% to 3,934.38
  • Nasdaq declined 77.39 points or -0.7% to 11,004.62
  • Russell 2000 declined 21.63 points or -1.19% to 1,796.66

 

Canada Market Closings:

  • TSX Composite declined 22.12 points or -0.11% to 19,947.07
  • TSX 60 declined 1.58 points or -0.13% to 1,208.06

 

Brazil Market Closing:

  • Bovespa advanced 270.52 points or 0.25% to 107,519.56

 

ENERGY:

 

The oil markets had a mixed day today:

 

  • Crude Oil increased 0.263 USD/BBL or 0.37% to 71.723
  • Brent increased 0.072 USD/BBL or 0.10% to 76.222
  • Natural gas increased 0.1685 USD/MMBtu or 2.83% to 6.1305
  • Gasoline increased 0.0097 USD/GAL or 0.47% to 2.0588
  • Heating oil decreased 0.058 USD/GAL or -2.01% to 2.8218

 

The above data was collected around 12:18 EST on Friday

 

  • Top commodity gainers: Natural Gas (2.83%), Silver (2.61%), Methanol (2.22%) and Steel (2.29%)
  • Top commodity losers: Orange Juice (-2.97%), Oat (-2.43%), Heating Oil (-2.01%) and Lumber (-1.45%)

 

The above data was collected around 12:24 EST Friday.

 

 

BONDS:

 

Japan 0.265%(+1.5bp), US 2’s 4.31% (-0.001%), US 10’s 3.5545% (+6.15bps); US 30’s 3.53% (+0.074%), Bunds 1.931% (+11.1bp), France 2.394% (+11.1bp), Italy 3.843% (+15bp), Turkey 10.73% (+17bp), Greece 4.002% (+19.8bp), Portugal 2.855% (+9.5bp); Spain 2.958% (+13bp) and UK Gilts 3.179% (+8.7bp).