Player FM 앱으로 오프라인으로 전환하세요!
Pre-Market Report – Friday 13 December: US markets slip | DGT hits the bourse
Manage episode 455203472 series 2991632
US equities pulled back overnight as hotter-than-expected US PPI data weighed on market sentiment. The Dow ended near session lows, down 234 points (-0.53%). Up 60 points at best. Down 245 points at worst. The NASDAQ fell back below 20,000 as tech stocks pulled back ahead of the Federal Reserves policy meeting next week and the S&P 500 lost 0.54%. On the economic front, US producer prices rose 0.4% MoM in November, the largest gain in five months. Annual PPI inflation accelerated to 3% from 2.6%. Core PPI rose 0.2% MoM, matching forecasts, with the annual core rate steady at 3.4%. Initial jobless claims in the US jumped to 242k in early December, up 17k from the prior week and above forecasts of 220k, the highest since October. US treasury yields rose following fresh economic data which confirms that the Fed will cut rates by 25bps next week. USD index up 0.28%, Bitcoin off 1.18%, and the AUD is flat.
SPI down 55 points - Bid for IFL - DGT first day of school.
- WTI down 0.45% pressured by a forecast for ample supply in the oil market by the IEA.
- Copper fell 0.97% due to a firming USD. Nickel and aluminium found buyers, up 2.05% and 0.12%, respectively. Zinc, lead and tin are all down over 1.5% each.
- Gold slid 1.28% on profit-taking after the yellow metal hit a five-week high.
- Iron ore rebounded, up 1.0%, while Dalian fell 1.10% as markets wait for further clues on policy easing from a key economic meeting in China.
Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence.
Ready to invest in yourself? Join the Marcus Today community.
1666 에피소드
Manage episode 455203472 series 2991632
US equities pulled back overnight as hotter-than-expected US PPI data weighed on market sentiment. The Dow ended near session lows, down 234 points (-0.53%). Up 60 points at best. Down 245 points at worst. The NASDAQ fell back below 20,000 as tech stocks pulled back ahead of the Federal Reserves policy meeting next week and the S&P 500 lost 0.54%. On the economic front, US producer prices rose 0.4% MoM in November, the largest gain in five months. Annual PPI inflation accelerated to 3% from 2.6%. Core PPI rose 0.2% MoM, matching forecasts, with the annual core rate steady at 3.4%. Initial jobless claims in the US jumped to 242k in early December, up 17k from the prior week and above forecasts of 220k, the highest since October. US treasury yields rose following fresh economic data which confirms that the Fed will cut rates by 25bps next week. USD index up 0.28%, Bitcoin off 1.18%, and the AUD is flat.
SPI down 55 points - Bid for IFL - DGT first day of school.
- WTI down 0.45% pressured by a forecast for ample supply in the oil market by the IEA.
- Copper fell 0.97% due to a firming USD. Nickel and aluminium found buyers, up 2.05% and 0.12%, respectively. Zinc, lead and tin are all down over 1.5% each.
- Gold slid 1.28% on profit-taking after the yellow metal hit a five-week high.
- Iron ore rebounded, up 1.0%, while Dalian fell 1.10% as markets wait for further clues on policy easing from a key economic meeting in China.
Why not sign up for a free trial? Get access to expert market insights and manage your investments with confidence.
Ready to invest in yourself? Join the Marcus Today community.
1666 에피소드
모든 에피소드
×플레이어 FM에 오신것을 환영합니다!
플레이어 FM은 웹에서 고품질 팟캐스트를 검색하여 지금 바로 즐길 수 있도록 합니다. 최고의 팟캐스트 앱이며 Android, iPhone 및 웹에서도 작동합니다. 장치 간 구독 동기화를 위해 가입하세요.