13th December 2021 Morning Report

Monday 13th December 2021

U.S. stock markets closed at record highs regardless of the selloff during the week. The central bank may think of cutting more of the $120 billion bond-buying programs per month, indicated by Fed Chairman Powell.The Dow Jones Industrial Average closed higher with +0.60%, while the S&P 500 and Nasdaq Composite up 0.95% and 0.73%, respectively.

Other key markets ended lower. European stocks closed lower as follows: the FTSE100 (-0.42%), the Dax 30 (-0.10%), CAC 40 (-0.24%) and the STOXX (-0.22%). In Asia, the Hang Seng and Shanghai indices were down. The key Asian indices ended yesterday as follows: Nikkei 225(-1.00%), HSI (-1.07%) and the Shanghai Composite (-0.18%).

The yield on the US 10 - year note was at 1.49%, while the 2 - year note was at 0.654%. Oil was down to $75.15 per barrel, up 0.98%. The gold price was at US$1783.14 per ounce, up 0.39%.

Morning Report 13 December 2021

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