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Increases in Europe; Oil continues to lose ground, gold climbs

Trade overview: current reports, trends, indices, stock prices, bonds, foreign exchange and commodities and analyst recommendations

14:45

The main stock indices in the European stock exchanges are now recording increases of up to 0.9%. In futures trading on US stock market indices, slight increases are now being recorded.

In the commodity trading sector, oil contracts recorded slight declines of 0.8%-0.4% after falling more than 3% yesterday, and gold recorded a slight increase to the level of $1,758 per ounce.

13:15

The Central Bank of Turkey decided to lower the interest rate by 1.5% to 9%. This is the fourth time in a row that the interest rate in the country has decreased by this rate, even though the inflation rate in Turkey has been around 80% per year in recent months (85.5% in the last 12 months until October).

12:05

The main stock indices in the European stock exchanges are now recording increases of up to 0.7%. In futures trading on US stock market indices, slight increases are now being recorded.

In US government bond trading, yields continue to fall: the yield on the 10-year bond is down by 7 basis points to approximately 3.69%, and the yield on the two-year bond is down by 4 basis points to approximately 4.47%.

The yield on 10-year German government bonds drops to about 1.83%.

In Germany, the IFO survey index for examining business sentiment was published today. The figure was 86.3 points, compared to 84.5 points in October.

10:25

The trading day in European stock markets opened with a mixed trend. In futures trading on US stock market indices, slight increases are now being recorded.

In Hong Kong, the Hang Seng index closed at an increase of about 0.8%, while Shanghai fell by about 0.2%.

In the commodity trading sector, oil contracts registered slight declines of 0.6%-0.4% after falling more than 3% yesterday, and gold registered a slight increase to the level of 1,755 dollars per ounce.

08:15

Most stock markets in Asia continue to climb today. The Nikkei index in Tokyo closed with an increase of about 1%, in Hong Kong the Hang Seng index increased by about 0.6%, while Shanghai decreased by about 0.1%.

Trading on Wall Street closed last night with gains: the Dow Jones index advanced by 0.3%, the Nasdaq index rose by 1%, and the S&P 500 index strengthened by 0.6%. The day opened with a positive trend, and after the publication of the Federal Reserve protocols that predict Because soon the time will come for a slowdown in the rate of interest rate increases in the US (more on that later), the increases are back and getting stronger.

Among the stocks that gathered interest: Tesla stood out with a jump of 8%, the shares of Verno Brothers jumped by 5%, Domino’s Pizza rose by 4%, Disney strengthened by 3%, Salesforce advanced by 2%, and Microsoft added 1%. On the negative side, Home Depot and Chevron lost about 1%, Moderna was down 1.5%.

Today there will be no trading on Wall Street on the occasion of the Thanksgiving holiday, and tomorrow trading will end earlier, at 20:00 Israel time.

In the commodity trading sector, oil contracts registered slight declines of 0.6%-0.4% after falling more than 3% yesterday, and gold registered a slight increase to the level of 1,755 dollars per ounce.

In the crypto market, Bitcoin climbs by 1% and trades around $16,680, and Ethereum rises by about 3% around $1,200.

In US government bond trading, yields continue to fall: the yield on the 10-year bond is down by 7 basis points to approximately 3.69%, and the yield on the two-year bond is down by 4 basis points to approximately 4.47%.

As mentioned, senior Federal Reserve officials estimate that interest rate increases in the US will soon be smaller, in light of the impact that the bank’s policy has on the economy – as indicated by the minutes of the meeting of the Federal Reserve’s Open Market Committee published last night (Wed). Summary of the meeting where the latest interest rate increase was decided indicates that smaller interest rate hikes are on the way. In general, the markets estimated that the upcoming hike in December is expected to be at a rate of 0.5%, after four consecutive hikes of 0.75% each.

In futures trading on US stock market indices, slight increases are now being recorded.

In the forex market, the euro strengthens by about 0.4% and trades around 1.044 dollars to the euro, the pound rises by about 0.5% and trades around 1.21 dollars to the pound, and the Japanese yen strengthens by 0.6% and trades around 138.7 yen to the dollar.

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