Market Talk – November 22, 2022

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ASIA:

 

The major Asian stock markets had a mixed day today:

  • NIKKEI 225 increased 170.95 points or 0.61% to 28,115.74
  • Shanghai increased 3.90 points or 0.13% to 3,088.94
  • Hang Seng decreased 231.50 points or -1.31% to 17,424.41
  • Kospi decreased 14.23 points or -0.59% to 2,405.27
  • ASX 200 increased 42.00 points or 0.59% to 7,181.30
  • SENSEX increased 274.12 points or 0.45% to 61,418.96
  • Nifty50 increased 84.25 points or 0.46% to 18,244.20

 

 

The major Asian currency markets had a mixed day today:

  • AUDUSD increased 0.00291 or 0.44% to 0.66330
  • NZDUSD increased 0.00467 or 0.77% to 0.61427
  • USDJPY decreased 0.747 or -0.53% to 141.392
  • USDCNY decreased 0.03074 or -0.43% to 7.14796

 

Precious Metals:

  • Gold increased 2.4 USD/t oz. or 0.14% to 1,740.21
  • Silver increased 0.166 USD/t. oz or 0.80% to 21.008

 

Some economic news from last night:

New Zealand:

Trade Balance (MoM) (Oct) decreased from -1,696M to -2,129M

Trade Balance (YoY) (Oct) decreased from -12,030M to -12,880M

 

Some economic news from today:

Japan:

BoJ Core CPI (YoY) increased from 2.0% to 2.7%

 

 

EUROPE/EMEA:

 

The major Europe stock markets had a green day:

  • CAC 40 increased 23.08 points or 0.35% to 6,657.53
  • FTSE 100 increased 75.99 points or 1.03% to 7,452.84
  • DAX 30 increased 42.42 points or 0.29% to 14,422.35

 

The major Europe currency markets had a mixed day today:

  • EURUSD increased 0.00361 or 0.35% to 1.02774
  • GBPUSD increased 0.00512 or 0.43% to 1.18715
  • USDCHF decreased 0.00572 or -0.60% to 0.95328

 

Some economic news from Europe today:

UK:

Public Sector Net Borrowing (Oct) decreased from 16.94B to 12.73B

Public Sector Net Cash Requirement (Oct) decreased from 9.992B to 9.732B

Euro Zone:

Current Account (Sep) increased from -26.3B to -8.1B

Current Account n.s.a. (Sep) increased from -20.2B to 3.8B

Consumer Confidence (Nov) increased from -27.5 to -23.9

 

US/AMERICAS:

US Market Closings:

  • Dow advanced 397.82 points or 1.18% to 34,098.1
  • S&P 500 advanced 53.64 points or 1.36% to 4,003.58
  • Nasdaq advanced 149.9 points or 1.36% to 11,174.41
  • Russell 2000 advanced 21.3 points or 1.16% to 1,860.44

 

Canada Market Closings:

  • TSX Composite advanced 242.88 points or 1.22% to 20,220.01
  • TSX 60 advanced 14.05 points or 1.16% to 1,227.18

 

Brazil Market Closing:

  • Bovespa declined 711.64 points or -0.65% to 109,036.54

 

ENERGY:

 

The oil markets had a mixed day today:

 

  • Crude Oil increased 1.35 USD/BBL or 1.69% to 81.390
  • Brent increased 1.655 USD/BBL or 1.89% to 89.105
  • Natural gas increased 0.1468 USD/MMBtu or 2.17% to 6.9228
  • Gasoline increased 0.0851 USD/GAL or 3.49% to 2.5222
  • Heating oil decreased 0.0221 USD/GAL or -0.63% to 3.4752

 

The above data was collected around 11:31 EST on Tuesday

 

  • Top commodity gainers: Gasoline (3.49%), Rubber (3.01%), Cotton (2.83%) and Palm Oil (3.87%)
  • Top commodity losers: Wheat (-1.03%), Heating Oil (-0.63%), Zinc (-0.53%) and Palladium (-0.55%)

 

The above data was collected around 11:37 EST Tuesday.

 

 

BONDS:

 

Japan 0.245%(+0bp), US 2’s 4.52% (-0.025%), US 10’s 3.7708% (-5.62bps); US 30’s 3.84% (-0.067%), Bunds 1.978% (+0.1bp), France 2.45% (-1bp), Italy 3.91% (-1.7bp), Turkey 10.65% (-38bp), Greece 4.235% (-0.5bp), Portugal 2.935% (-0.4bp); Spain 2.989% (+0.5bp) and UK Gilts 3.128% (-5.1bp).