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Michigan Post > Blog > Economics > Market Discuss – December 16, 2024 | Economics
Economics

Market Discuss – December 16, 2024 | Economics

By Editorial Board Published December 16, 2024 4 Min Read
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Market Discuss – December 16, 2024 | Economics

ASIA:

The most important Asian inventory markets had a detrimental day at this time:

• NIKKEI 225 decreased 12.95 factors or -0.03% to 39,457.49

• Shanghai decreased 5.55 factors or -0.16% to three,386.33

• Cling Seng decreased 175.75 factors or -0.88% to 19,795.49

• ASX 200 decreased 46.50 factors or -0.56% to eight,249.50

• SENSEX decreased 433.70 factors or -0.53% to 81,699.42

• Nifty50 decreased 100.05 factors or -0.40% to 24,668.25

The most important Asian foreign money markets had a combined day at this time:

• AUDUSD elevated 0.00137 or 0.22% to 0.63727

• NZDUSD decreased 0.00005 or -0.01% to 0.57800

• USDJPY elevated 0.302 or 0.20% to 154.052

• USDCNY elevated 0.00786 or 0.11% to 7.28896

The above information was collected round 14:03 EST.

Treasured Metals:

•  Gold elevated 7.31 USD/t oz. or 0.28% to 2,654.61

•  Silver elevated 0.135 USD/t. oz. or 0.44% to 30.600

The above information was collected round 14:07 EST.

EUROPE/EMEA:

The most important Europe inventory markets had a detrimental day at this time:

•  CAC 40 decreased 52.49 factors or -0.71% to 7,357.08

•  FTSE 100 decreased 38.28 factors or -0.46% to eight,262.05

•  DAX 30 decreased 92.11 factors or -0.45% to twenty,313.81

The most important Europe foreign money markets had a inexperienced day at this time:

• EURUSD elevated 0.00154 or 0.15% to 1.05164

• GBPUSD elevated 0.00741 or 0.59% to 1.26926

• USDCHF elevated 0.0009 or 0.10% to 0.89410

The above information was collected round 14:12 EST.

US/AMERICAS:

US Market Closings:

Dow declined 110.58 factors or -0.25% to 43,717.48
S&P 500 superior 22.99 factors or 0.38% to six,074.08
Nasdaq superior 247.17 factors or 1.24% to twenty,173.89
Russell 2000 superior 15.1 factors or 0.64% to 2,361.99

 

Canada Market Closings:

TSX Composite declined 127.09 factors or -0.5% to 25,147.21
TSX 60 declined 7.94 factors or -0.52% to 1,509.03

 

Brazil Market Closing:

Bovespa declined 1,052.85 factors or -0.84% to 123,559.37

ENERGY:

The oil markets had a detrimental day at this time:

•  Crude Oil decreased 0.661 USD/BBL or -0.93% to 70.629

•  Brent decreased 0.561 USD/BBL or -0.75% to 73.929

•  Pure fuel decreased 0.0666 USD/MMBtu or -2.03% to three.2134

•  Gasoline decreased 0.0254 USD/GAL or -1.27% to 1.9748

•  Heating oil decreased 0.0005 USD/GAL or -0.02% to 2.2655

The above information was collected round 14:15 EST.

•  High commodity gainers: Platinum (1.45%), Cocoa (3.80%), Orange Juice (3.95%) and Espresso (2.24%)

•  High commodity losers: Lean Hogs (-2.47%), Cheese (-4.75%), Aluminum (-1.99%) and Pure Gasoline (-2.03%)

The above information was collected round 14:19 EST.

BONDS:

Japan 1.0720% (+3.15bp), US 2’s 4.25% (+0.006%), US 10’s 4.4040% (+0.8bps); US 30’s 4.62% (+0.016%), Bunds 2.2375% (-0.95bp), France 3.044% (+1.15bp), Italy 3.3930% (+0.75bp), Turkey 28.45% (+11bp), Greece 3.060% (+4bp), Portugal 2.731% (+3bp); Spain 2.928% (+1.05bp) and UK Gilts 4.4450% (+2.65bp)

The above information was collected round 14:22 EST.

TAGGED:ArmstrongDecemberEconomicsMarketTalk
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