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Private Sector

Discussion in 'Forex Daily News & Outlook' started by MTnews, Dec 2, 2009.

  1. MTnews

    MTnews Content Contributor

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    Daily Market Commentary for December 2, 2009

    Private Sector

    ADP's employment reports showed that the private sector shed more jobs than expected this month, showing that the pace of recovery in the job market is slow. (Read more at Millennium-Traders.Com)

    Economic data released today:

    MBA Mortgage Applications:
    U.S. MBA Market Index rose 2.1% at 613.7; Last Week 601; U.S. MBA Purchase Index rose 4.1% at 232.3; Last Week 223.1; U.S. MBA Refinance Index rose 1.7% at 2866.4; Last Week 2818.7.

    ADP Nonfarm Employment Change:
    ADP Sees November U.S. Private Sector Jobs -169,000; ADP November U.S. Private Sector Jobs Expected -150,000.

    Crude Oil Inventories as reported by Department of Energy [DOE]:
    U.S. Refineries Ran at 79.66% capacity; was seen 80.50%; U.S. Refineries Ran at 79.66% capacity versus 80.25% Week Ago; U.S Distillate Stockpiles fell 1.17 Million Barrels in week; was seen decreasing by 0.3 Million Barrels; U.S. Distillate Stockpiles fell 1.17 Million Barrels at 165.698 Million Barrels; U.S. Gasoline Stockpiles rose 3.996 Million Barrels in week; was seen increasing by 0.7 Million Barrels; U.S. Gasoline Stockpiles rose 3.996 Million Barrels at 214.081 Million Barrels; U.S. Crude Oil Stockpiles rose 2.091 Million Barrels in week; was seen increasing by 0.8 Million Barrels; U.S. Crude Oil Stockpiles rose 2.091 Million Barrels at 339.899 Million Barrels.

    Fed's Beige Book:
    Economic conditions continue to improve; consumer spending up 'moderately'; commercial real estate activity 'deteriorating'; little or no indication of upward wage pressures; retailers holding leaner inventories for holidays; home sales, construction activity improved; expectations low for commercial real estate in 2010; labor market conditions still weak.

    At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the trading session on the world markets as well as the emerging markets including the stock market closing bell price:
    DOW (Dow Jones Industrial Average) shed 20.71 points, EOD 10,450.87
    NYSE (New York Stock Exchange) gain 10.34, EOD 7,222.42
    National Association of Securities Dealers Automated Quotations (NASDAQ) gain 7.77 points, EOD 2,183.58
    S&P 500 (SPX) gain 0.12 points, EOD 1,108.98
    BEL 20 (BEL20) gain 26.56 points, EOD 2,516.62
    CAC 40 (CAC40) gain 20.18 points, EOD 3,795.92
    FTSE100 (UKX100) gain 15.22 points, EOD 5,327.39
    NIKKEI 225 (NIK/O) shed 10.97 points, EOD 9,608.94

    New York Stock Exchange (NYSE) stock market indicators for the trading session today:
    Advanced stock prices 1,973 declined stock prices 1,117, unchanged stock prices 89, stock prices hitting new highs 238 and stock prices hitting new lows 13. NYSE quotes for volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: STZ shed 0.48, HOD 16.80, LOD 16.11, EOD 16.77; AIG gain 0.35, HOD 31.68, LOD 30.27, EOD 31.19; CF gain 4.37, HOD 90.78, LOD 85.50, EOD 90.27; CME shed 2.49, HOD 337.41, LOD 327.68, EOD 328.36; EDC gain 2.03, HOD 139.63, LOD 135.00, EOD 136.63; MA shed 0.57, HOD 246.77, LOD 241.91, EOD 242.42; POT gain 5.79, HOD 123.08, LOD 117.01, EOD 122.38; MOS gain 4.52, HOD 61.90, LOD 57.50, EOD 61.69; ACL gain 8.34, HOD 160.61, LOD 149.65, EOD 158.10.

    National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators for the trading session today:
    Advanced stock prices 1,694, declined stock prices 1,070, unchanged stock prices 126, stock prices hitting new highs 119 and stock prices hitting new lows 29. NASDAQ quotes, volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: NVAX gain 0.22, HOD 3.58, LOD 3.35, EOD 3.43; AAPL shed 0.74, HOD 201.42, LOD 195.75, EOD 196.23; SNTS gain 0.37, HOD 5.82, LOD 4.55, EOD 4.66; AMZN gain 3.75, HOD 142.67, LOD 138.96, EOD 142.25; BIDU shed 0.83, HOD 441.00, LOD 433.34, EOD 434.72; DYAX gain 0.73, HOD 4.69, LOD 4.11, EOD 4.23; PDLI shed 0.19, HOD 6.68, LOD 6.45, EOD 6.51; NANO gain 1.46, HOD 13.56, LOD 11.94, EOD 13.10; PNRA gain 1.32, HOD 65.99, LOD 64.25, EOD 65.37; GMCR shed 1.15, HOD 62.49, LOD 60.40, EOD 60.89; AONE gain 1.04, HOD 18.73, LOD 16.72, EOD 17.76.

    Market trends on the American Stock Exchange (AMEX) and stock market indicators for the trading session today:
    Advanced stock prices 286, declined stock prices 248, unchanged stock prices 42, stock prices hitting new highs 37 and stock prices hitting new lows 2.

    Chicago Board of Trade Futures Market for the day, at time of this posting:
    E-mini S&P 500 (ES) Dec 09: EOD 1109.25; Change 0.75
    E-mini NASDAQ-100 (NQ) Dec 09: EOD 1,791.50; Change -0.50
    E-mini DOW $5 (YM) Dec 09: EOD 10,445; Change -16
    E-mini S&P MidCap 400 (MF) Dec 09: EOD 699.90; Change 6.10
    Nikkei 225 (Yen) Dec 09: EOD 9,695; Change 70

    World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
    Euro 0.6646 U.S. Dollars 1.5046
    Japanese Yen 87.3800 to U.S. Dollars 0.0114
    British Pound 0.6011 to U.S. Dollars 1.6636
    Canadian Dollar 1.0501 to U.S. Dollars 0.9523
    Swiss Franc 1.0016 to U.S. Dollars 0.9984

    COMMODITY MARKETS:
    Energy Sector - Nymex:
    Light Crude (December 09) shed $1.77, EOD $76.60 per barrel ($US per barrel)
    Heating Oil (December 09) shed $0.04, EOD $2.04 a gallon ($US per gallon)
    Natural Gas (December 09) shed $0.23, EOD $4.53 per million BTU ($US per mmbtu.)
    Unleaded Gas (December 09) shed $0.05, EOD $1.99 a gallon ($US per gallon)

    Metals Markets - Comex:
    Gold (December 09) gain $12.80, EOD $1,213.00 ($US per Troy ounce)
    Silver (December 09) gain $0.12, EOD $19.33 ($US per Troy ounce)
    Platinum (January 09) gain $19.70, EOD $1,506.30 ($US per Troy ounce)
    Copper (December 09) gain $0.03, EOD $3.26 ($US per pound)

    Livestock and Meat Markets - Chicago Mercantile Exchange (cents per lb.):
    Lean Hogs (December 09) shed $0.30, EOD $66.65
    Pork Bellies (February 10) shed $2.30, EOD $82.30
    Live Cattle (December 09) shed $0.55, EOD $84.28
    Feeder Cattle (January 10) gain $0.03, EOD $93.95

    Other Commodities - Chicago Board of Trade (cents per bushel):
    Corn (December 09) shed $8.00, EOD $406.50
    Soybeans (January 10) shed $25.50, EOD $1,034.00

    BOND MARKET:
    2 year EOD 100 1/32, change -3/32, Yield 0.72, Yield change 0.05
    5 year EOD 100 6/32, change -8/32, Yield 2.08 Yield change 0.05
    10 year EOD 100 16/32, change -8/32, Yield 3.31, Yield change 0.03
    30 year EOD 102, change 10/32, Yield 4.25, change -0.02

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