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Market Talk – November 7, 2022

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ASIA:

 

The major Asian stock markets had a green day today:

  • NIKKEI 225 increased 327.90 points or 1.21% to 27,527.64
  • Shanghai increased 7.02 points or 0.23% to 3,077.82
  • Hang Seng increased 434.77 points or 2.69% to 16,595.91
  • Kospi increased 23.36 points or 0.99% to 2,371.79
  • ASX 200 increased 41.20 points or 0.60% to 6,933.70
  • SENSEX increased 234.79 points or 0.39% to 61,185.15
  • Nifty50 increased 85.65 points or 0.47% to 18,202.80

 

 

The major Asian currency markets had a mixed day today:

  • AUDUSD increased 0.00081 or 0.13% to 0.64778
  • NZDUSD increased 0.0012 or 0.20% to 0.59330
  • USDJPY decreased 0.197 or -0.13% to 146.457
  • USDCNY increased 0.05486 or 0.76% to 7.23006

 

 

Precious Metals:

  • Gold decreased 3.82 USD/t oz. or -0.23% to 1,676.45
  • Silver increased 0.003 USD/t. oz or 0.02% to 20.839

 

Some economic news from last night:

China:

Exports (YoY) (Oct) decreased from 5.7% to -0.3%

Imports (YoY) (Oct) decreased from 0.3% to -0.7%

Trade Balance (USD) (Oct) increased from 84.74B to 85.15B

 

Some economic news from today:

China:

FX Reserves (USD) (Oct) increased from 3.029T to 3.052T

Hong Kong:

Foreign Reserves (USD) (Oct) decreased from 419.20B to 417.20B

 

 

EUROPE/EMEA:

 

The major Europe stock markets had a mixed day:

  • CAC 40 increased 0.17 points or 0.00% to 6,416.61
  • FTSE 100 decreased 34.85 points or -0.48% to 7,299.99
  • DAX 30 increased 73.67 points or 0.55% to 13,533.52

 

The major Europe currency markets had a mixed day today:

  • EURUSD increased 0.00669 or 0.67% to 1.00250
  • GBPUSD increased 0.01549 or 1.36% to 1.15280
  • USDCHF decreased 0.00545 or -0.55% to 0.98835

 

Some economic news from Europe today:

Swiss:

Unemployment Rate n.s.a. (Oct) remain the same at 1.9%

Unemployment Rate s.a. (Oct) remain the same at 2.1%

Germany:

German Industrial Production (MoM) (Sep) increased from -1.2% to 0.6%

UK:

Halifax House Price Index (YoY) decreased from 9.8% to 8.3%

Halifax House Price Index (MoM) (Oct) decreased from -0.1% to -0.4%

Mortgage Rate (GBP) (Oct) increased from 5.10% to 5.42%

Euro Zone:

Sentix Investor Confidence (Nov) increased from -38.3 to -30.9

 

US/AMERICAS:

 

US Market Closings:

  • Dow advanced 423.78 points or 1.31% to 32,827.00
  • S&P 500 advanced 36.25 points or 0.96% to 3,806.6
  • Nasdaq advanced 89.27 points or 0.85% to 10,564.52
  • Russell 2000 advanced 9.94 points or 0.55% to 1,809.81

 

Canada Market Closings:

  • TSX Composite advanced 96.1 points or 0.49% to 19.545.91
  • TSX 60 advanced 4.84 points or 0.41% to 1,183.01

 

Brazil Market Closing:

  • Bovespa declined 2,813.06 points or -2.38% to 115,342.4

 

ENERGY:

 

The oil markets had a mixed day today:

 

  • Crude Oil decreased 0.735 USD/BBL or -0.79% to 91.875
  • Brent decreased 0.653 USD/BBL or -0.66% to 97.917
  • Natural gas increased 0.5517 USD/MMBtu or 8.62% to 6.9517
  • Gasoline decreased 0.0762 USD/GAL or -2.79% to 2.6586
  • Heating oil decreased 0.1338 USD/GAL or -3.42% to 3.7810

 

The above data was collected around 13:59 EST on Monday

 

  • Top commodity gainers: Natural Gas (8.62%), Lumber (4.78%), Lean Hogs (4.92%) and Cocoa (3.45%)
  • Top commodity losers: Copper (-2.55%), Coffee (-2.28%), Heating Oil (-3.42%) and Gasoline (-2.79%)

 

The above data was collected around 14:07 EST on Monday.

 

 

BONDS:

 

Japan 0.250%(+0bp), US 2’s 4.72% (+0.063%), US 10’s 4.2030% (+4.5bps); US 30’s 4.30% (+0.050%), Bunds 2.325% (+3.6bp), France 2.854% (+1.3bp), Italy 4.485% (+1.6bp), Turkey 11.78% (+45p), Greece 4.728% (+3.9bp), Portugal 3.299% (+1.2bp); Spain 3.389% (+3.2bp) and UK Gilts 3.6350% (+8.5bp).