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Tuesday 22 November 2022

Key Events

Key events this week:


US Richmond Fed manufacturing index, Tuesday

OECD releases Economic Outlook, Tuesday

Fed’s Loretta Mester and James Bullard speak, Tuesday

S&P Global PMIs: US, Euro area, UK, Wednesday

US MBA mortgage applications, durable goods, initial jobless claims, University of Michigan sentiment, new home sales, Wednesday

Minutes of the Federal Reserve’s Nov. 1-2 meeting, Wednesday

ECB publishes account of its October policy meeting, Thursday

US stock and bond markets are closed for the Thanksgiving holiday, Thursday

US stock and bond markets close early, Friday


Some of the main moves in markets :


Stocks

The S&P 500 fell 0.4% as of 10:20 a.m. New York time

The Nasdaq 100 fell 0.7%

The Dow Jones Industrial Average fell 0.1%

The Stoxx Europe 600 rose 0.1%

The MSCI World index rose 0.6%


Currencies

The Bloomberg Dollar Spot Index rose 0.6%

The euro fell 0.7% to $1.0254

The British pound fell 0.7% to $1.1810

The Japanese yen fell 0.9% to 141.69 per dollar


Cryptocurrencies

Bitcoin fell 0.8% to $16,129.2

Ether fell 0.8% to $1,131.87


Bonds

The yield on 10-year Treasuries declined two basis points to 3.81%

Germany’s 10-year yield declined two basis points to 1.99%

Britain’s 10-year yield declined three basis points to 3.20%


Commodities

West Texas Intermediate crude fell 4.6% to $76.41 a barrel

Gold futures fell 0.8% to $1,754.30 an ounce.

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