Opening Bell 03.12.2019

Your world at 9am

world equity market heatmap

Equities

Major
DAX(DEU) -2.05%
CAC(FRA) -2.01%
UKX(GBR) -0.82%
NKY(JPN) -0.86%
SPX(USA) -0.86%
MINTs
JCI(IDN) +0.05%
INMEX(MEX) -0.63%
NGSEINDX(NGA) -0.04%
XU030(TUR) +0.81%
BRICS
IBOV(BRA) +0.64%
SHCOMP(CHN) -0.41%
NIFTY(IND) -0.07%
INDEXCF(RUS) -0.01%
TOP40(ZAF) -0.99%

Commodities

Energy
Brent Crude Oil +0.30%
Ethanol +0.00%
Natural Gas +0.77%
RBOB Gasoline +0.38%
Heating Oil +0.23%
WTI Crude Oil +0.39%
Metals
Copper -0.02%
Gold 100oz -0.08%
Palladium +0.13%
Platinum +0.03%
Silver 5000oz +0.11%

Currencies

USDEUR:+0.04% USDJPY:+0.17%

MINTs
USDIDR(IDN) +0.01%
USDMXN(MEX) -0.08%
USDNGN(NGA) +0.49%
USDTRY(TUR) +0.03%
BRICS
USDBRL(BRA) -0.48%
USDCNY(CHN) -0.01%
USDINR(IND) -0.10%
USDRUB(RUS) +0.03%
USDZAR(ZAF) -0.01%
Agricultural
Feeder Cattle +0.00%
Lean Hogs +0.00%
Soybeans +0.37%
Cattle +0.00%
Coffee (Arabica) +0.00%
Corn +0.00%
Lumber +0.00%
Orange Juice +0.00%
Soybean Meal +0.48%
Sugar #11 +0.00%
Wheat +0.46%
Cocoa +0.00%
Coffee (Robusta) +0.00%
Cotton +0.00%
White Sugar +0.00%

Out of 43 world ETFs listed in NYSE that we track, 9 are trading above their 10-day SMA and 26 are trading above their 50-day SMA.

Must Reads

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Opinion | How to get the economy out of the twin traps
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Private equity firms sense big opportunity in last-mile real estate funding
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GM Crops Like Golden Rice Will Save the Lives of Hundreds of Thousands of Children
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Cellphone plans get up to 40% costlier in India
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Grinding – AVC
It is tempting to search for the one magic move that will make everything better. A new VP of Sales. A new database layer in your tech stack. A new brand for your company. Moving everything to the cloud. More capital in the business. But it is rarely one thing that a business needs to succeed.

A Cycle of Addiction
Two of the world’s major central banks – namely the Bank of Japan (BOJ) and the European Central Bank (ECB) – have created what is akin to a cycle of addiction to negative interest rates. Moreover, even those developed economies with positive rates appear addicted to near-zero rates.

Are You Sticking to Your Investment Principles or Suffering from Escalating Commitment?
Our investment behaviour is a tangle of contradictions.  Whilst there is an understandable desire to draw clean lines of causality – X bias leads to Y action – things are rarely so simple.

How Indian regulators have cost you money
You, the Indian investor, have been pick-pocketed, stolen from, mis-sold, cheated and defrauded in all kinds of scams perpetrated not by knife-wielding muggers but white-collar criminals who bend, twist and totally escape from regulatory norms that are meant to protect you.

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Good luck!

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