Desktop
iPad
Mobile

DAILY RUNG
09/01/2019

A daily feed of market essentials

09.01.2019

Daily Rung

U.S. Stocks ended higher on Tuesday to record a third straight session of gains. The S&P 500 climbed 1%. The Dow Jones Industrial Average advanced around 1.1% and the Nasdaq Composite rose 1.1%.

 - Optimism on the trade front continued to nudge investors toward perceived riskier assets such as stocks. Face-to-face negotiations between U.S. and China officials were entering a second day on Tuesday, with hopes rising that talks will bear fruit after President Xi Jinping’s top policy aide Chinese Vice Premier Liu He made an appearance on Monday.

Europe: European markets rose on Tuesday, on optimism over trade talks between the U.S. and China. The Stoxx Europe 600 gained 0.87%.

- Weak European data was brushed aside. German industrial production data revealed a surprise slump in November, adding to recent evidence that a nine-year recovery in Europe’s largest economy is foundering.

- In the U.K., British and European officials are reportedly discussing the possibility of delaying Brexit, amid ongoing opposition from U.K. politicians over an exit deal secured by Prime Minister Theresa May last year.

Local: Australian shares closed higher for a second straight session on Tuesday, hitting a more than month long high as trade talks between the US and China continued.

- The S&P/ASX 200 Index rose 39.2 points, or 0.7%, while the broader All Ordinaries rose 38.8 points, or 0.7%.

- Australian shares opened Tuesday's trade lower on the back of some minor losses from the major banks, but rallied following a positive start to trading in Asian markets.

- The major miners were among the market leaders on Tuesday despite only muted gains. BHP Group rose 0.1% to $34.43, Rio Tinto climbed 0.5% to $79.30, South32 advanced 0.6% to $3.39 and Fortescue Metals Group closed 2% higher at $4.53. 

Daily Chart

Source: Bloomberg, Escala Partners
Enlarge

The last 12 months was one of broad weakness for the Australian dollar, which declined against most major currencies as domestic interest rate hikes were pushed out further and further. While the 10% depreciation against the key US dollar was notable, the AUD also experienced declines of around 5% against the pound and euro over the year.

Daily Data

Daily Weekly Monthly Quarterly Yearly
Equities Close +/- % % % % %
S&P/ASX 200  5,722.4  +39.3  +0.69%  +1.35%  +0.72%  -6.19%  -6.65% 
S&P/ASX 200 SPI  5,683.0  +20.0  +0.35%  +3.57%  +1.34%  -4.84%  -4.71% 
S&P/ASX 200 Accumulation  59,500.8  +408.1  +0.69%  +1.35%  +0.95%  -5.37%  -2.58% 
Dow Jones  23,787.5  +256.1  +1.09%  +1.97%  -2.47%  -10.19%  -5.92% 
S&P 500  2,574.4  +24.7  +0.97%  +2.70%  -2.23%  -10.75%  -6.31% 
Nasdaq  6,897.0  +73.5  +1.08%  +3.94%  -1.04%  -10.84%  -3.64% 
STOXX 600  345.9  +3.0  +0.87%  +2.43%  +0.12%  -7.08%  -13.19% 
FTSE 100  6,861.6  +50.7  +0.74%  +1.98%  +1.23%  -5.14%  -10.85% 
DAX  10,804.0  +56.2  +0.52%  +2.32%  +0.15%  -9.57%  -19.18% 
CAC 40  4,773.3  +54.1  +1.15%  +0.90%  -0.83%  -9.94%  -13.01% 
Nikkei 225  20,204.0  +165.1  +0.82%  +0.95%  -6.80%  -15.05%  -14.80% 
TOPIX  1,518.4  +5.9  +0.39%  +1.63%  -6.30%  -15.30%  -19.25% 
Hang Seng  25,875.5  +39.8  +0.15%  +0.12%  -0.72%  -1.25%  -16.26% 
Shanghai CSI 300  3,047.7  -6.6  -0.22%  +1.23%  -4.21%  -7.39%  -26.74% 
NZ 50  8,821.2  +15.1  +0.17%  +0.11%  +0.61%  -3.56%  +4.70% 
S&P 500 Sectors Close +/- % % % % %
Consumer Discretionary  826.7  +9.3  +1.14%  +5.78%  +1.12%  -7.89%  +1.86% 
Consumer Staples  530.6  +5.1  +0.96%  +1.67%  -5.02%  -4.79%  -9.97% 
Energy  452.9  +3.7  +0.83%  +6.79%  -3.92%  -20.70%  -18.79% 
Financials  403.5  +0.0  +0.00%  +1.91%  -2.88%  -13.74%  -14.40% 
Health Care  1,008.3  +9.4  +0.95%  +0.71%  -3.61%  -7.54%  +2.52% 
Industrials  560.3  +7.8  +1.41%  +3.35%  -1.63%  -15.78%  -14.84% 
Information Technology  1,098.4  +9.8  +0.90%  +0.92%  -2.77%  -14.01%  -5.07% 
Materials  325.7  +3.3  +1.01%  +2.86%  +0.71%  -9.85%  -17.46% 
Real Estate  195.8  +3.4  +1.78%  +1.77%  -6.53%  -1.59%  -2.65% 
Communication Services  147.5  +2.3  +1.58%  +6.29%  +2.65%  -5.88%  -10.12% 
Utilities  269.4  +3.4  +1.26%  +0.31%  -5.28%  -1.79%  +2.39% 
Commodities Close +/- % % % % %
Oil (WTI)  $49.75  +$1.23  2.54%  +9.56%  -5.79%  -32.68%  -15.20% 
Oil (Brent)  $58.68  +$1.35  +2.35%  +9.07%  -5.13%  -29.35%  -7.84% 
Gold  $1,285.16  -$4.05  -0.31%  +0.20%  +2.87%  +8.17%  -2.67% 
Silver  $15.65  -$0.00  -0.00%  +0.92%  +7.03%  +8.92%  -8.64% 
Iron Ore  $74.21  +$0.06  +0.08%  +7.24%  +11.16%  +7.10%  -3.61% 
Coking Coal  $173.13  -$0.27  -0.16%  +1.35%  -17.24%  -8.09%  -17.38% 
Thermal Coal  $97.40  -$1.45  -1.47%  -4.56%  -5.02%  -13.84%  -7.63% 
Copper  $2.68  -$0.01  -0.29%  -0.99%  -3.89%  -4.40%  -17.11% 
Aluminium  $0.85  -$0.01  -0.75%  +0.31%  -4.63%  -9.80%  -14.28% 
Nickel  $5.07  +$0.01  +0.22%  +8.21%  +2.47%  -11.09%  -10.81% 
Lead  $0.89  +$0.01  +0.77%  -0.89%  -1.35%  -0.20%  -24.42% 
Tin  $9.04  +$0.09  +0.96%  +7.80%  +4.95%  +5.50%  -0.30% 
Zinc  $1.13  -$0.01  -0.52%  +0.30%  -3.94%  -4.97%  -26.61% 
Interest Rates Close +/- % +/- +/- +/- +/-
RBA Cash Rate  1.50%  +0.000%     +0.000%  0.000%  0.000%  0.000% 
90 Day Bank Bill  2.06%  +0.000%     -0.030%  0.070%  0.135%  0.260% 
180 Day Bank Bill  2.18%  +0.000%     -0.040%  0.040%  0.080%  0.200% 
Australian 3 Year Bond  1.81%  +0.025%     -0.039%  -0.097%  -0.243%  -0.267% 
Australian 10 Year Bond  2.30%  +0.032%     -0.016%  -0.143%  -0.466%  -0.349% 
US 10 Year Bond  2.73%  +0.034%     +0.046%  -0.115%  -0.503%  0.250% 
US 30 Year Bond  3.01%  +0.021%     -0.005%  -0.131%  -0.395%  +0.198% 
iTraxx  90.38  -3.75     -4.6  -1.3  +13.7  +37.2 
Currencies Close +/- % % % % %
AUD/USD  0.714  -0.001  -0.10%  +1.25%  -0.93%  +0.89%  -8.94% 
AUD/JPY  77.69  -0.02  -0.03%  +0.39%  -4.33%  -3.06%  -12.40% 
AUD/EUR  0.624  +0.001  +0.19%  +1.45%  -1.42%  +1.33%  -4.75% 
AUD/GBP  0.56  +0.00  +0.37%  +1.42%  -0.77%  +3.84%  -2.84% 
AUD/NZD  1.062  +0.004  +0.36%  +1.11%  +1.30%  -3.24%  -2.82% 
EUR/USD  1.14  -0.00  -0.28%  -0.20%  +0.55%  -0.44%  -4.39% 
GBP/USD  1.272  -0.006  -0.46%  -0.17%  -0.06%  -2.84%  -6.26% 
USD/JPY  108.80  +0.08  +0.07%  -0.86%  -3.45%  -3.91%  -3.79% 
USD/CNY  6.853  +0.002  +0.03%  -0.37%  -0.31%  -1.12%  +5.44% 
Other Indicators Close +/- % % % % %
VIX  20.47  -0.93  -4.35%  -19.47%  -11.88%  +30.47%  +115.02% 
Australian DLCs Close +/- % % % % %
BHP Billiton PLC ($A)  $29.92  -$0.21  -0.69%  +0.28%  +10.31%  -0.07%  +9.04% 
Rio Tinto PLC ($A)  $68.78  +$0.29  +0.42%  +2.07%  +8.56%  -0.40%  -1.56% 
CYBG PLC ($A)  $3.39  +$0.07  +2.21%  +3.44%  +1.04%  -39.86%  -39.79% 
Janus Henderson Group PLC ($A)  $30.05  +$0.30  +0.99%  +2.30%  +2.47%  -16.59%  -39.93% 
Resmed Inc ($A)  $15.90  +$0.34  +2.16%  -1.54%  +4.17%  +4.30%  +41.35% 
News Corporation ($A)  $17.25  +$0.18  +1.08%  +5.35%  -2.16%  -10.41%  -21.34% 

LOGIN