Real time trading in Polymers, Base Oils, TiO2 and Nanomaterials
Today’s Economic Events
US NOV Total Vehicule Sales (M) exp: 17.2 prev: 17.5
08:50 FR NOV F Markit Manufacturing PMI exp: 50.8 prev: 50.7
09:00 EU NOV F Markit Manufacturing exp: 51.5 prev: 51.5
14:45 US NOV F Markit Manufacturing PMI exp: 55.4 prev: 55.4
15:00 US NOV ISM – Manufacturing exp: 57.7 prev: 57.7
15:00 US NOV ISM – Price Paid exp: 69.5 prev: 71.6
15:00 US OCT Construction Spending (MoM) exp: 0.4% prev: 0%
General Market Comment
US indices pushed higher on Friday lifted by shares in the Semiconductors & Semiconductor Equipment (+2.25%), Telecommunication Services (+1.76%) and Transportation (+1.75%) sectors. On the economic data front, the Chicago PMI increased to 66.4 in November (estimated 58.5) from 58 in October. The S&P 500 (2,760.17) remains above its 20d moving average (2,775.04 – positive slope) but stays below 50d moving average (2,722.37 – negative slope).
European markets are expected to start on a positive note.
Commodity Closing – Europe/Oil-Gas Majors 03.12.18
NEW YORK – Oil prices jumped by more than 3 percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute and Canada’s Alberta province ordered a production cut, while exporter group OPEC looked set to reduce supply.
| NYMEX Crude Oil |
52.48 USD
|
+1.55
|
+2.95% | Dec 18 | 12:35PM EST |
| ICE Brent Crude |
61.02 USD
|
+1.56
|
+2.56% | Dec 18 | 7:00PM EST |
| NYMEX RBOB Gasoline |
1.43 USD
|
+0.03
|
+1.83% | Dec 18 | 12:51PM EST |
| Dubai Crude Spot |
59.56 USD
|
+2.19
|
+3.68% | Dec 02 | 12:45PM EST |
| ICE Gas Oil |
575.75 USD
|
+25.00
|
+4.34% | Dec 18 | 7:00PM EST |
| NYMEX No2 Heating Oil |
1.87 USD
|
+0.05
|
+2.41% | Dec 18 | 12:50PM EST |
| NYMEX Nat Gas |
4.32 USD
|
-0.29
|
-6.71% | Dec 18 | 12:51PM EST |
Today’s Economic Events
US NOV Total Vehicule Sales (M) exp: 17.2 prev: 17.5
08:50 FR NOV F Markit Manufacturing PMI exp: 50.8 prev: 50.7
09:00 EU NOV F Markit Manufacturing exp: 51.5 prev: 51.5
14:45 US NOV F Markit Manufacturing PMI exp: 55.4 prev: 55.4
15:00 US NOV ISM – Manufacturing exp: 57.7 prev: 57.7
15:00 US NOV ISM – Price Paid exp: 69.5 prev: 71.6
15:00 US OCT Construction Spending (MoM) exp: 0.4% prev: 0%
General Market Comment
US indices pushed higher on Friday lifted by shares in the Semiconductors & Semiconductor Equipment (+2.25%), Telecommunication Services (+1.76%) and Transportation (+1.75%) sectors. On the economic data front, the Chicago PMI increased to 66.4 in November (estimated 58.5) from 58 in October. The S&P 500 (2,760.17) remains above its 20d moving average (2,775.04 – positive slope) but stays below 50d moving average (2,722.37 – negative slope).
European markets are expected to start on a positive note.