Ongoing reporting from the world’s leading markets: important updates, prominent stocks, bonds and analyst updates
23:00 – The leading Wall Street indices closed tonight (Wednesday) with price increases: the Dow Jones was up 0.1%, the S&P 500 added 0.3%, and the Nasdaq was up 0.2%. Tonight stood out: Tesla which was up 3.9%, and yoghurt Real estate that fell by 6.7% after Medicare imposed restrictions on insurance coverage for its period.
21:35 – The price of WTI crude oil rose 1.8 percent today to $ 82.6 a barrel – the highest price of black gold since November 9.
20:55 – The gold price recorded a consecutive Wednesday of gains, against a background of a 40-year record in US inflation.
Gold contracts climbed 0.5 percent to $ 8.8 and the price of the precious metal was set at $ 1,827.3 an ounce – its highest level since December 31st.
The Dow Jones industrial average has deleted the gains and is now trading around the opening level, the S&P 500 is up 0.2% and the Nasdaq is up 0.3%.
20:00 – Oil prices are rising, after official data showed a sharper-than-expected drop in US inventories.
WTI crude rose 2.3 percent to $ 83.1 a barrel, Brent crude rose 1.7 percent to $ 85.1 a barrel.
The U.S. Department of Energy (EIA) Chief Information Officer announced tonight that U.S. crude oil stocks fell 4.6 million barrels in the past week, while the market expected a decline of just 1.9 million barrels.
17:50 – The gains of the opening day have moderated slightly: the Dow Jones index is climbing 0.1%, the S&P 500 and the Nasdaq are up 0.2%.
16:30 – The New York Stock Exchanges are opening the day in a positive trend, against the backdrop of the surge in annual U.S. inflation.
The Dow Jones industrial average is up 0.4%, the S&P 500 is up 0.6% and the Nasdaq is up 0.9%.
Biogen falls 8.1% after the center in charge of U.S. public health insurance plans, Medicare, imposed restrictions on the insurance coverage of Biogen’s Alzheimer’s drug.
15:30 – U.S. inflation is at a 40-year high. The U.S. consumer price index jumped 7% in 2021 compared to 2020, according to analysts’ expectations. On a monthly basis, the index rose 0.5% in December, while the market expected a more moderate increase of 0.4%.
The core index, which does not include energy and food prices, which are considered volatile, rose in December by 0.6% on a monthly basis and by 5.5% on an annual basis. Market analysts expected increases of 0.5% to 5.4%, respectively.
Contracts for the Dow Jones, S&P 500 and Nasdaq are up 0.4%.
15:25 – Minutes before the publication of the inflation data, the contracts for the Dow Jones and S&P 500 climb by 0.2%, the contracts for the Nasdaq rise by 0.3%.
US 10-year and 30-year bond yields weaken at one base point, with a 10-year bond yield standing at 1.732% and a 30-year bond yield at 2.066%.
WTI crude rose 0.8 percent to $ 81.8 a barrel, Brent crude rose 0.5 percent to $ 84.1 a barrel.
14:30 – Ahead of the publication of the 2021 summary inflation data in the US, at 15:30 (local; see expansion in this morning’s opening update): contracts on the Dow Jones, S&P 500 and Nasdaq indices are up 0.1%; A 10-year US bond yield is stable, at 1.75%; In Europe: Dax and Kak up 0.3%, Potsey up 0.3%.
“We are seeing inflation in all areas, but it is particularly high in the essentials, food, energy and health sectors. At the present time it is hurting everyone,” said Leah Hartman, a lecturer in economics and finance at New Haven University in Connecticut.
“The causes of inflation are temporary. But their consequences, with which we will live for a long time to come,” said Laura Veldkamp, a fellow researcher in national economics research in the United States and a professor at Columbia University’s School of Business.
13:45 – After the sharp rises in the technology sector this morning in Asia (see early updates), so pre-Wall Street: Alibaba up 3.1%, JD.com up 1.6%, Didi up 5.2%, Ido up 2.1%, Vivo up At 1.5%.
13:20 – Biogen falls 9.5% pre-order after the Center for Medicare and Medicaid Services’ Public Health Insurance Programs reported that it would approve plans to provide very partial insurance coverage for the company’s Alzheimer’s drug (and FDA approval was controversial) – for a limited group Very of people.
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(Photo: Bloomberg)
12:00 – Sciencebury’s raises its annual profit forecast – the stock rises 1.6%: The British supermarket chain expects to post a pre-tax profit of at least £ 720 million in the financial year (signed at the end of March). The previous forecast was at least £ 660 million. ninth.
11:15 – Closing in Asia: Hang Seng rose 2.8%, Nikkei rose 1.9%, Shanghai rose 0.8%, Kusfi rose 1.5%; In Hong Kong – Alibaba climbed 5.9%, Tencent rose 4.5%, both in Hong Kong; Softbank gained 6% in Tokyo.
10:40 – Opening in Europe: Dax up 0.2%, Kak up 0.1%, Potsy up 0.5%; Strong increases in the mining sector in London – Glencore and Anglo-American are up 2.7%, Rio Tinto is up 2.8%, Antofagasta is up 3% and BHP is up 3.7%.
Phillips falls 11% in Amsterdam after a profit warning: The medical technology products company has announced that it expects to end the fourth quarter with a 40% drop in profit to around 650 million euros – mainly due to delays in the supply chain and shortages of components.
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(Photo: Bloomberg)
8:30 – The 10-year US bond yield drops by one basis point to 1.73%; In oil, after the sharp rises yesterday: Brent is down 0.1% to $ 83.7 a barrel, the WTI is stable, at $ 81.3 a barrel.
7:00 – Sharp gains in technology stocks in the Asia-Pacific markets this morning, following the green lock in the sector last night on Wall Street (the Nasdaq was up 1.5%, the Dow Jones was up 0.5% and the S&P 500 was up 0.9%). The Hang Seng Index Up 2.1%, Nikkei up 1.9%, Kusfi up 1.3% and Shanghai up 0.4%.
Softbank climbs 6.3% at the top of the Nikkei index; In Hong Kong – Tencent is up 3.2%, Alibaba is up 4.7%, Maitouan is up 9.3%, JD.Com is up 9.9%.
Sharp rises also in the gold mines shares in Sydney, following a 1.1% rise in the gold price last night (this morning stability in the gold price, around $ 1,819 per ounce). Prominent in the Kingsgate Consolidate sector, which jumped 8.9%, Evolution Mining rose 3.7%.
Inflation: Low in China, expectations in New York
Against rising inflation in the US and Europe, China matters in control: The consumer price index in China rose by 1.5% in December on an annual basis, compared with forecasts for an increase of 1.8% and later to a figure of 2.3% in November. At an increase of 0.2%, at the same time, the Factory Price Index (Manufacturers’ Index) climbed by 10.3% in December – forecasts were 11.1%, after a figure of 12.9% in November.
U.S. markets expect inflation data to be released today, amid a narrow move by the Fed to combat the rapid rise in prices. Is up 0.4% from 0.8% in November.
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The Shanghai Stock Exchange
(Bloomberg)
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