We wish all of our readers a happy and prosperous holiday season.
Due to decreased market activity, Market Talk is postponed until January 3, 2023.
ASIA:
The major Asian stock markets had a mixed day today:
- NIKKEI 225 increased 120.15 points or 0.46% to 26,507.87
- Shanghai decreased 13.98 points or -0.46% to 3,054.43
- Hang Seng increased 518.73 points or 2.71% to 19,679.22
- ASX 200 increased 37.40 points or 0.53% to 7,152.50
- Kospi increased 27.78 points or 1.19% to 2,356.73
- SENSEX decreased 241.02 points or -0.39% to 60,826.22
- Nifty50 decreased 71.75 points or -0.39% to 18,127.35
The major Asian currency markets had a mixed day today:
- AUDUSD decreased 0.00359 or -0.54% to 0.66701
- NZDUSD decreased 0.00406 or -0.65% to 0.62514
- USDJPY decreased 0.138 or -0.10% to 132.332
- USDCNY increased 0.01469 or 0.21% to 7.00029
Precious Metals:
- Gold decreased 18.17 USD/t oz. or -1.00% to 1,795.96
- Silver decreased 0.367 USD/t. oz or -1.53% to 23.601
Some economic news from last night:
Japan:
Foreign Bonds Buying decreased from -596.4B to -941.8B
Foreign Investments in Japanese Stocks decreased from 1,109.3B to -667.1B
South Korea:
PPI (YoY) (Nov) decreased from 7.3% to 6.3%
PPI (MoM) (Nov) decreased from 0.5% to -0.2%
Some economic news from today:
Japan:
Coincident Indicator (MoM) decreased from -0.9% to -1.2%
Leading Index (MoM) decreased from 0.8% to 0.4%
Leading Index increased from 98.2 to 98.6
EUROPE/EMEA:
The major Europe stock markets had a negative day:
- CAC 40 decreased 62.27 points or -0.95% to 6,517.97
- FTSE 100 decreased 28.04 points or -0.37% to 7,469.28
- DAX 30 decreased 183.75 points or -1.30% to 13,914.07
The major Europe currency markets had a mixed day today:
- EURUSD decreased 0.00192 or -0.18% to 1.05838
- GBPUSD decreased 0.00581 or -0.48% to 1.20249
- USDCHF increased 0.00485 or 0.52% to 0.93145
Some economic news from Europe today:
UK:
Business Investment (QoQ) (Q3) decreased from 6.2% to -2.5%
Current Account (Q3) increased from -35.1B to -19.4B
GDP (YoY) (Q3) decreased from 4.4% to 1.9%
GDP (QoQ) (Q3) decreased from 0.2% to -0.3%
US/AMERICAS:
Initial unemployment claims rose by 2,000 positions last week, according to the US Department of Labor. Total filings reached 216,000 for the week of December 17, while the previous week was revised to reflect an increase of 3,000 from 211,000 to 214,000. The four-week moving average has declined by 6,250 to 221,750.
The US Senate passed its latest spending bill to the tune of $1.7 trillion. The measure comes a day after Ukraine’s President Zelensky met with Washington officials to request additional aid for the war against Russia. The bill, which passed 68-29, will allot $858 billion for defense programs and $772.5 billion for non-defense discretionary programs. Ukraine will receive $44.9 billion in military and humanitarian aid.
US/AMERICAS:
US Market Closings:
- Dow declined 348.99 points or -1.05% to 33,027.49
- S&P 500 declined 56.05 points or -1.45% to 3,822.39
- Nasdaq declined 233.25 points or -2.18% to 10,476.12
- Russell 2000 declined 22.85 points or -1.29% to 1,754.09
Canada Market Closings:
- TSX Composite declined 221.44 points or -1.13% to 19,349.66
- TSX 60 declined 12.82 points or -1.09% to 1,168.65
Brazil Market Closing:
- Bovespa advanced 118.38 points or 0.11% to 107,551.52
ENERGY:
The oil markets had a mixed day today:
- Crude Oil decreased 0.272 USD/BBL or -0.35% to 78.018
- Brent decreased 0.236 USD/BBL or -0.29% to 81.964
- Natural gas decreased 0.0498 USD/MMBtu or -0.93% to 5.2822
- Gasoline increased 0.0105 USD/GAL or 0.47% to 2.2663
- Heating oil decreased 0.0007 USD/GAL or -0.02% to 3.1388
The above data was collected around 12:07 EST on Thursday
- Top commodity gainers: Canola (0.79%), Cocoa (3.16%), Sugar (0.87%) and Oat (1.12%)
- Top commodity losers: Cotton (-3.56%), Palm Oil (-1.57%), Rubber (-2.20%) and Silver (-1.53%)
The above data was collected around 12:16 EST Thursday.
BONDS:
Japan 0.401% (-8.2bp), US 2’s 4.24% (+0.027%), US 10’s 3.6785% (-0.55bps); US 30’s 3.75% (+0.002%), Bunds 2.362% (+6.5bp), France 2.90% (+6bp), Italy 4.473% (+4.5bp), Turkey 9.68% (+0bp), Greece 4.498% (+3.7bp), Portugal 3.379% (+4.5bp); Spain 3.434% (+4.3bp) and UK Gilts 3.600% (+2.5bp).
