Global Market Trends (26th Nov., 2021)

November 26, 2021

MAJOR INDEXES

Market report as of 25th, November 2021

NAME	LAST	CHG	%CHG
S&P 500	4,701.460	10.760	0.230
NASDAQ	15,845.23	70.090	0.440
DJIA	35,804.38	-9.420	-0.03
*FTSE	7,090.470*	-219.90	-3.01
*NIKKEI	28,751.620*	-747.66	-2.53
*HSI	24,080.52*	-659.64	-2.67
*SHANGHAI	3564.0900	-20.090	-0.56
VIX	18.580000	UNCH0	UNCH
*DAX	15,425.60*	-492.38	-3.090

EURO MARKET MOVERS

TOP

OCDO-GB	Ocado Group PLC	2.001%
ZAL-DE	Zalando SE	1.710%
ELI-BE	Elia Group SA	1.320%
BPOST-BE	Bpost SA	1.020%
RMG-GB	Royal Mail PLC	0.552%

BOTTOM

CCL-GB	Carnival PLC	13.785%
IAG-GB	International Consolidated Airlines Group SA	11.120%
EZJ-GB	Easyjet PLC	10.560%
AIR-FR	Airbus SE	10.440%
SAF-FR	Safran SA	10.100%

SECURITIES

BONDS

NAME	YIELD	CHG
US 10-YR	1.5310	-0.1130
US 30-YR	1.8760	-0.0950
US 5-YR	1.2140	-0.1300
US 2-YR	0.5430	-0.1010
US 3-MO	0.0790	+0.0180
BUND 10-YR	-0.305	-0.0570
JPN 10-YR	0.0610	-0.0200
UK 10-YR	0.8540	-0.1130

FUTURES & COMMODITIES

NAME	LAST	CHG	%CHG
*OIL	73.7900	-4.600	-5.870
*NAT GAS	5.17800	+0.110	+2.170
*GOLD	1,806.2	+21.90	+1.230
*SILVER	23.5550	+0.059	+0.250
*WHEAT	850.250	UNCH	UNCH
*COPPER	4.31900	-0.141	-3.150

CURRENCIES

NAME	LAST	CHG	%CHG
JPY/USD	0.8760	+0.009	+1.05
USD INDEX	96.470	-0.300	-0.310
USD/JPY	114.13	-1.220	-1.060
GBP/USD	1.3310	-0.001	-0.110
EUR/USD	1.1260	+0.005	+0.470
USD/CAD	1.2750	+0.010	+0.820
AUD/USD	0.7130	-0.006	-0.790

Analyst View
The US equity markets closed Thursday for Thanksgiving, though there was trading in the futures markets – including stocks, oil and gold. The bond market will be closed, so there will be no trading in U.S. Treasuries. When Wall Street goes back to work on Friday, it will be an abbreviated session, with equity markets trading a half-day closing at 1 p.m. EST. U.S. Bond markets will close at 2 p.m. EST.

European stocks plunged over concern due to the surging Covid infections with the German DAX 30 dipping by 2.97% to 15,453.34, France's CAC 40 slipped by 3.85% to 6,803.78 while Britain’s FTSE 100 slipped 3.01% to close at 7,090.47. The region is still battling with the energy crisis and a surging Covid infection rate.

Asian stock markets were mixed Thursday after Federal Reserve officials indicated they were ready to raise interest rates sooner than expected if needed to cool inflation. The Nikkei 225 in Tokyo gained 0.7%, the Hang Seng in Hong Kong advanced 0.2% and China's Shanghai Composite Index fell 0.2%.

Commodities, Brent Oil price, dipped by 5.74% to $73.91 responding to the release of the 50million barrels announcement by the US and other industrialised countries. However, some analyst are of the opinion that oil will still close at $100 for the year despite U.S efforts.