Market Summary
- Asian stock markets:
- Yen up 0.9% after Tokyo inflation data
- Markets leaning towards a Dec hike from BOJ
- Dollar set for a 3% weekly drop on yen
- Wall Street futures up 0.1%, 10-yr yields hit 1-mth low
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading lower
|
44,722.06 | -138.25 | 0.31%Negative |
|
trading lower
Nasdaq Composite Index
.IXIC |
19,060.48 | -115.10 | 0.60%Negative |
|
trading lower
S&P 500 Index
.SPX |
5,998.74 | -22.89 | 0.38% |
| Index | Last | Change | % Change |
|---|---|---|---|
|
trading lower
Nikkei Index
.N225 |
38,149.97 | -199.09 | 0.52%Negative |
|
trading higher
Hang Seng Index
.HSI |
19,616.44 | +249.48 | 1.29%Positive |
|
trading higher
S&P BSE SENSEX Index
.BSESN |
79,273.46 | +229.72 | 0.29%Positive |
Fixed Income
Overnight, trading in U.S. equities and Treasuries closed due to the Thanksgiving holiday.
10-year yields fell 2 bps to 4.240%, lowest in a month, and down 17 bps for the week, the biggest since early September.
Equities
MSCI’s broadest index of APAC ex-Japan fell 0.3% and was down 0.5% for the week.
Nikkei dropped 0.7% as the yen surged after Tokyo’s inflation data.
Data showed core consumer prices in Japan’s capital accelerated in November and stayed above the central bank’s 2% target in a sign of broadening price pressure.
Forex
USD fell 0.9% to 150.17 yen , bringing its weekly loss to 3%, the biggest since late July.
Commodities
Oil up slightly but looked set for weekly losses on ceasfire deal.
U.S. crude futures rose 0.1% to $68.76 but were down 2.5% for the week.
Gold down 2.7% for the week at $2,638.29 per ounce
for more news visit Reuters.com
