Trade overview: current reports, trends, indices, stock prices, bonds, foreign exchange and commodities and analyst recommendations
07:39
Trading in the Asian stock markets is in a negative trend, the Nikkei index falls by about 1.8%, the Hang Seng sheds about 0.9% and the Shanghai index loses 0.4% of its value. The Kospi index in South Korea wipes out 1.4% and the stock market in Australia falls by about 0.7%.
The rate of inflation in South Korea weakened slightly and recorded an annual increase of 5% in November, contrary to forecasts of 5.1%. This is a relief from October, when inflation stood at 5.7% on an annual basis. In July of this year, the annual inflation rate in South Korea was at an all-time high of 6.3%.
US oil futures weaken slightly after rising by 1% yesterday and dropping 6 basis points to $81.17 per barrel. Brent oil contracts, which jumped significantly last night to almost 90 dollars per barrel, rise by about 0.1% to the level of 86.97 dollars per barrel.
Gold prices decrease by about 0.2% to the level of 1,811 dollars per ounce, but on a monthly basis they still register a significant increase of over 9%.
Last night, trading on Wall Street closed in a mixed trend. Salesforce’s stock, which fell sharply after releasing third-quarter reports, pulled the Dow Jones down 0.6%, while the Nasdaq ended the day up 0.1% and the S&P 500 index fell 0.1%. In bonds, the sharp declines in yields continued until the end. . The ten-year bond yield plunged 19 points to 3.51% and the 30-year bond yield fell 21 points to 3.60%.