Stock market: what's happening in the markets ahead of the opening on Friday, December 29 - News Hub

Stock market: what’s happening in the markets ahead of the opening on Friday, December 29

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MARKET REVIEW. Global stock markets are moving in scattered order on Friday in what promises to be a quiet day – the last of a tumultuous 2023 for markets whose players are still waiting for a change in monetary policy from central banks. .

Stock indices at 8:30.

European stock indexes opened with timid gains before regaining some momentum: around 3:40 a.m., Paris collected 0.38%, Frankfurt captured 0.25%, London was slightly less dynamic with a gain of 0.09%.

In Asia, the star index Nikkei stock exchange Tokyo did not shine on Friday (-0.22% to 33,464.17 points). The Japanese stock market will not reopen until next Thursday, after Japan’s traditional New Year break.

HAS Hong KongTHE Hang Seng it was also slightly lower around 3:20 a.m. on Friday (-0.13%).

The session promises to be very calm, while yesterday on Wall Street Dow Jones hit a new record, gaining 0.14% to 37,710.10 points. A performance that masked a lackluster session in New York, where indexes “faced headwinds from recent data, higher-than-expected unemployment numbers and subdued home sales,” notes analyst Stephen Innes (SPI AM).

Context

More generally, 2023 was “completely different from what we expected,” explains Ipek Ozkardeskaya, an analyst at Swissquote.

The biggest surprise comes from the United States, which Ipek Ozkardeskaya, like many others, “expected to be in recession this year,” still posted nearly 5% annualized growth in the third quarter.

So much so that predicting what’s in store for 2024 is the “million euro question” for an analyst.

No major indicators are expected during the session, apart from December inflation for some eurozone countries.

Ten-year U.S. Treasury yields edged back up to 3.84% on Friday, after falling continuously for several weeks.

In France, the 10-year lending rate was steady at 2.46% between Thursday and Friday (compared to 2.47% a day earlier).

Lightly oil

After gaining ground again against the euro on Thursday, the dollar settled at one euro to 1.11 US dollars (USD) on Friday morning, steady at 3.40am.

On the market oilprice barrel of US WTI rose 0.62% from the previous day to $77.63 at 3:40 a.m., when the equivalent Brent North Sea also gained 0.48% to $72.12.

THE bitcoin after the previous day’s decline, it rose again by 0.09% to $42,510.

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