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Friday 25 November 2022

Key Events

Key events this week:


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

Futures on the S&P 500 rose 0.3%, climbing for the third straight day, the longest winning streak since Nov. 8 as of 2:33 p.m. New York time

Futures on the Dow Jones Industrial Average rose 0.2%, climbing for the third straight day, the longest winning streak since Nov. 8

The MSCI World index rose 0.4%, climbing for the third straight day, the longest winning streak since Nov. 8


Currencies

The Bloomberg Dollar Spot Index fell 0.2%, falling for the third straight day, the longest losing streak since Nov. 8

The euro was little changed at $1.0405

The British pound rose 0.5% to the highest since Aug. 12

The Japanese yen rose 0.8% to the highest since Aug. 26


Cryptocurrencies

Bitcoin rose 0.6% to $16,566.67

Ether rose 2.9% to $1,203.05


Bonds

Germany’s 10-year yield declined eight basis points to 1.85%

Britain’s 10-year yield advanced three basis points to 3.04%


Commodities

West Texas Intermediate crude was little changed

Gold futures rose 0.5%, more than any closing gain since Nov. 11.

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