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Wednesday 23 November 2022

Key Events

Key events this week:


Fed’s 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 rose 0.8% as of 1:04 p.m. New York time

The Nasdaq 100 rose 0.7%

The Dow Jones Industrial Average rose 0.8%

The MSCI World index fell 0.8%


Currencies

The Bloomberg Dollar Spot Index fell 0.5%

The euro rose 0.5% to $1.0292

The British pound rose 0.5% to $1.1881

The Japanese yen rose 0.6% to 141.28 per dollar


Cryptocurrencies

Bitcoin rose 2.7% to $16,060.23

Ether rose 2.2% to $1,117.72


Bonds

The yield on 10-year Treasuries declined six basis points to 3.77%

Germany’s 10-year yield declined two basis points to 1.98%

Britain’s 10-year yield declined five basis points to 3.14%


Commodities

West Texas Intermediate crude rose 2.3% to $81.89 a barrel

Gold futures were little changed.

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