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Market Talk – December 8, 2022

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ASIA:

 

The major Asian stock markets had a mixed day today:

  • NIKKEI 225 decreased 111.97 points or -0.40% to 27,574.43
  • Shanghai decreased 2.27 points or -0.07% to 3,197.35
  • Hang Seng increased 635.41 points or 3.38% to 19,450.23
  • Kospi decreased 11.73 points or -0.49% to 2,371.08
  • ASX 200 decreased 53.90 points or -0.75% to 7,175.50
  • SENSEX increased 160.00 points or 0.26% to 62,570.68
  • Nifty50 increased 48.85 points or 0.26% to 18,609.35

 

 

The major Asian currency markets had a green day today:

  • AUDUSD increased 0.00472 or 0.70% to 0.67716
  • NZDUSD increased 0.00270 or 0.43% to 0.63780
  • USDJPY increased 0.276 or 0.20% to 136.660
  • USDCNY increased 0.00195 or 0.03% to 6.96295

 

Precious Metals:

  • Gold increased 2.51 USD/t oz. or 0.14% to 1,788.73
  • Silver increased 0.326 USD/t. oz or 1.43% to 23.050

 

Some economic news from last night:

Japan:

Adjusted Current Account increased from -0.67T to -0.61T

Current Account n.s.a. (Oct) decreased from 0.909T to -0.064T

GDP (YoY) (Q3) increased from -1.2% to -0.8%

GDP (QoQ) (Q3) decreased from 1.1% to -0.2%

Australia:

Trade Balance (Oct) decreased from 12.444B to 12.217B

 

 

 

EUROPE/EMEA:

 

The major Europe stock markets had a mixed day:

  • CAC 40 decreased 13.28 points or -0.20% to 6,647.31
  • FTSE 100 decreased 17.02 points or -0.23% to 7,472.17
  • DAX 30 increased 3.37 points or 0.02% to 14,264.56

 

The major Europe currency markets had a mixed day today:

  • EURUSD increased 0.00441 or 0.42% to 1.05564
  • GBPUSD increased 0.00308 or 0.25% to 1.22385
  • USDCHF decreased 0.00490 or -0.52% to 0.93570

 

 

US/AMERICAS:

US Market Closings:

  • Dow advanced 183.56 points or 0.55% to 33,781.48
  • S&P 500 advanced 123.45 points or 1.13% to 11,082
  • Nasdaq advanced 123.45 points or 0.75% to 3,963.51
  • Russell 2000 advanced 11.39 points or 0.63% to 1,818.29

 

Canada Market Closings:

  • TSX Composite declined 4.03 points or -0.02% to 19,969.19
  • TSX 60 declined 0.21 of a point or -0.02% to 1,209.64

 

Brazil Market Closing:

  • Bovespa declined 1,819.51 points or -1.67% to 107,249.04

 

 

ENERGY:

 

The oil markets had a mixed day today:

 

  • Crude Oil decreased 0.124 USD/BBL or -0.17% to 71.885
  • Brent decreased 0.744 USD/BBL or -0.96% to 76.426
  • Natural gas increased 0.2278 USD/MMBtu or 3.98% to 5.9508
  • Gasoline decreased 0.022 USD/GAL or -1.06% to 2.0552
  • Heating oil increased 0.0893 USD/GAL or 3.21% to 2.8698

 

The above data was collected around 16:26 EST on Thursday

 

  • Top commodity gainers: Natural Gas (3.98%), Heating Oil (3.21%), Palladium (4.37%) and Orange Juice (2.63%)
  • Top commodity losers: Rhodium (-1.14%), Butter (-1.72%), Cotton (-1.44%) and Lumber (-4.40%)

 

The above data was collected around 16:32 EST Thursday.

 

 

BONDS:

 

Japan 0.252%(+0.2bp), US 2’s 4.31% (+0.058%), US 10’s 3.4892% (+8.12bps); US 30’s 3.44% (+0.023%), Bunds 1.843% (+6bp), France 2.304% (+6.3bp), Italy 3.717% (+11.1bp), Turkey 10.56% (+6bp), Greece 3.826% (+11.5bp), Portugal 2.773% (+7.2bp); Spain 2.831% (+6.1bp) and UK Gilts 3.095% (+4.9bp).