Global Market Trends (11th Nov., 2021)

November 11, 2021

MAJOR INDEXES
Market report as of 10th November 2021

NAME	LAST	CHG	%CHG
S&P 500	4,646.710	-38.540	-0.82
NASDAQ	15,622.71	-263.84	-1.66
DJIA	36,079.94	-240.04	-0.66
*FTSE	7,340.150*	66.1100	0.910
*NIKKEI	29,277.86*	171.080	0.590
*HSI	25,263.27*	267.130	1.070
*SHANGHAI	3,532.79*	40.3200	1.150
VIX	18.730000	UNCH00	UNCH
*DAX	16,067.83*	UNCH00	UNCH

S&P MARKET MOVERS

TOP

TSLA	Tesla Inc	4.343%
MA	Mastercard Inc	3.856%
VTR	Ventas Inc	3.654%
PFE	Pfizer Inc	3.636%
WU	Western Union Co	2.770%

BOTTOM

AMD	Advanced Micro Devices Inc	6.077%
OXY	Occidental Petroleum Corp	5.691%
HES	Hess Corp	5.214%
FANG	Diamondback Energy Inc	5.160%
CTRA	Coterra Energy Inc	5.103%

SECURITIES

BONDS

NAME	YIELD	CHG
US 10-YR	1.5700	+0.121
US 30-YR	1.9250	+0.104
US 5-YR	1.2260	+0.158
US 2-YR	0.5190	+0.110
US 3-MO	0.0480	+0.002
BUND 10-YR	-0.236	+0.011
JPN 10-YR	0.0630	-0.0010
UK 10-YR	0.9300	+0.005

FUTURES & COMMODITIES

NAME	LAST	CHG	%CHG
*OIL	81.500	+0.160	+0.20
*NAT GAS	4.9720	+0.092	+1.89
*GOLD	1,859.2	+10.90	+0.59
*SILVER	25.0350	+0.263	+1.06
*WHEAT	804.250	+1.250	+0.16
*COPPER	4.35500	+0.032	+0.73

CURRENCIES

NAME	LAST	CHG	%CHG
JPY/USD	0.8770	-0.001	-0.10
USD INDEX	95.030	+0.18	+0.19
USD/JPY	114.03	+0.13	+0.11
GBP/USD	1.3380	-0.002	-0.13
EUR/USD	1.1460	-0.002	-0.16
USD/CAD	1.2520	+0.003	+0.26
AUD/USD	0.7300	-0.0030	-0.37

Analyst View
U.S. stocks indexes declined Wednesday riding on the released inflation report that showed consumer prices accelerated by the most in 31 years. The Dow Jones Industrial Average fell 240 points, or 0.66%, while the S&P 500 index and the Nasdaq Composite index declined 0.82% and 1.66%, respectively. The selling caused all three of the major averages to post the second day of losses after closing at record highs on Monday.

Consumer prices climbed 6.2% year over year in October and rose 0.9% from the prior month. Analysts were expecting a 0.6% jump in October.

Treasury Notes-Following the report, the yield on the 10-year note jumped higher by 11 basis points to 1.56%. The catalyst for the surge was a weak 30-year bond auction that occurred in the wake of the CPI report.

Commodities, West Texas Intermediate crude oil slid $2.81 to $81.34 a barrel and gold spiked $17.40 to $1,847.60 an ounce.

Europe's bourses were on an uptrend with France’s CAC 40 ticked up 0.03%, Germany’s DAX 30 rose 0.17% and Britain’s FTSE 100 climbed 0.91%.

Asian trading was choppy with Hong Kong’s Hang Seng index climbing 0.74%, China’s Shanghai Composite index falling 0.42% and Japan’s Nikkei 225 losing 0.61%.

SOURCE: CNBC
IMAGE SOURCE: PIXABAY