Market Talk – November 29, 2022

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ASIA:

 

The major Asian stock markets had a mixed day today:

  • NIKKEI 225 decreased 134.99 points or -0.48% to 28,027.84
  • Shanghai increased 71.20 points or 2.31% to 3,149.75
  • Hang Seng increased 906.74 points or 5.24% to 18,204.68
  • Kospi increased 25.12 points or 1.04% to 2,433.39
  • ASX 200 increased 24.20 points or 0.33% to 7,253.30
  • SENSEX increased 177.04 points or 0.28% to 62,681.84
  • Nifty50 increased 55.30 points or 0.30% to 18,618.05

 

 

The major Asian currency markets had a mixed day today:

  • AUDUSD increased 0.00312 or 0.47% to 0.66821
  • NZDUSD increased 0.00306 or 0.50% to 0.61936
  • USDJPY decreased 0.367 or -0.26% to 138.470
  • USDCNY decreased 0.10017 or -1.38% to 7.14693

 

Precious Metals:

  • Gold increased 9.34 USD/t oz. or 0.54% to 1,750.09
  • Silver increased 0.335 USD/t. oz or 1.60% to 21.252

 

Some economic news from last night:

Japan:

Jobs/applications ratio (Oct) increased from 1.34 to 1.35

Retail Sales (YoY) (Oct) decreased from 4.8% to 4.3%

Unemployment Rate (Oct) remain the same at 2.6%

 

 

EUROPE/EMEA:

 

The major Europe stock markets had a mixed day:

  • CAC 40 increased 3.77 points or 0.06% to 6,668.97
  • FTSE 100 increased 37.98 points or 0.51% to 7,512.00
  • DAX 30 decreased 27.91 points or -0.19% to 14,355.45

 

The major Europe currency markets had a green day today:

  • EURUSD increased 0.00015 or 0.01% to 1.03445
  • GBPUSD increased 0.00171 or 0.14% to 1.19763
  • USDCHF increased 0.00321 or 0.34% to 0.95231

 

 

Some economic news from Europe today:

Swiss:

GDP (QoQ) (Q3) increased from 0.1% to 0.2%

GDP (YoY) (Q3) decreased from 2.2% to 0.5%

Spain:

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

Spanish HICP (YoY) decreased from 7.3% to 6.6%

Spanish HICP (YoY) (Nov) decreased from 7.3% to 6.6%

Germany:

German CPI (YoY) (Nov) decreased from 10.4% to 10.0%

 

US/AMERICAS:

US Market Closings:

  • Dow advanced 3.07 points or 0.01% to 33,852.53
  • S&P 500 declined 6.31 points or -0.16% to 3,957.63
  • Nasdaq declined 65.72 points or -0.59% to 10,983.78
  • Russell 2000 advanced 5.59 points or 0.31% to 1,836.55

 

Canada Market Closings:

  • TSX Composite advanced 56.92 points or 0.28% to 20,277.41
  • TSX 60 advanced 1.64 points or 0.13% to 1,230.44

 

Brazil Market Closing:

  • Bovespa advanced 2,127.46 points or 1.96% to 110,909.61

 

ENERGY:

 

The oil markets had a mixed day today:

 

  • Crude Oil increased 0.69 USD/BBL or 0.89% to 77.930
  • Brent decreased 0.071 USD/BBL or -0.09% to 83.119
  • Natural gas decreased 0.0021 USD/MMBtu or -0.03% to 7.1939
  • Gasoline decreased 0.0239 USD/GAL or -1.03% to 2.3067
  • Heating oil increased 0.0916 USD/GAL or 2.85% to 3.3070

 

The above data was collected around 12:54 EST on Tuesday

 

  • Top commodity gainers: Coal (2.63%), Heating Oil (2.85%), Palm Oil (1.91%) and Canola (2.59%)
  • Top commodity losers: Gasoline (-1.03%), Palladium (-0.77%), Orange Juice (-0.80%) and Methanol (-0.75%)

 

The above data was collected around 13:04 EST Tuesday.

 

 

BONDS:

 

Japan 0.252%(+0.2bp), US 2’s 4.47% (+0.002%), US 10’s 3.7367% (+3.47bps); US 30’s 3.78% (+0.026%), Bunds 1.933% (-5.9bp), France 2.5531% (-7.37bp), Italy 3.828% (-8.7bp), Turkey 10.56% (+2bp), Greece 4.152% (-7bp), Portugal 2.856% (-8.4bp); Spain 2.912% (-8.1bp) and UK Gilts 3.115% (-0.5bp).