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Wednesday 21 December 2022

Key Events

Key events this week:


EIA Crude Oil Inventory Report, Wednesday

US existing home sales, US Conference Board consumer confidence, Wednesday

US GDP, initial jobless claims, US Conf. Board leading index, Thursday

US consumer income, new home sales, US durable goods, PCE deflator, University of Michigan consumer sentiment, Friday



Some of the main moves in markets:


Stocks

The S&P 500 rose 0.2% as of 12:06 p.m. New York time

The Nasdaq 100 was little changed

The Dow Jones Industrial Average rose 0.3%

The Stoxx Europe 600 fell 0.4%

The MSCI World index fell 0.7%


Currencies

The Bloomberg Dollar Spot Index fell 0.8%

The euro rose 0.2% to $1.0629

The British pound was little changed at $1.2148

The Japanese yen rose 4.4% to 130.95 per dollar


Cryptocurrencies

Bitcoin rose 1.5% to $16,831.97

Ether rose 3.1% to $1,212.08


Bonds

The yield on 10-year Treasuries advanced 10 basis points to 3.68%

Germany’s 10-year yield advanced 10 basis points to 2.30%

Britain’s 10-year yield advanced nine basis points to 3.60%


Commodities

West Texas Intermediate crude fell 0.2% to $75.05 a barrel

Gold futures rose 1.7% to $1,827.80 an ounce.

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