Market Information Friday 3 January 2020

The American stock markets closed higher on Thursday. The Dow Jones index rose 1.2% to 28,868.80 points. Nasdaq tech rose 1.3% at 9,092.19 points. The broad-based S&P 500 index rose by 0.8% at 3,257.85 points. For all three indicators, that meant the highest closing level ever.

During an American missile attack at an airport near Baghdad, high Iranian military general Qassem Soleimani and Iraqi militia leader Abu Mahdi al-Muhandis were killed. This appears to cause increasing geopolitical tensions and leads to losses on the stock exchanges.

The gold price, traditionally considered a safe investment, also showed an increase: the price of a troy ounce rose by 0.9% to more than USD 1,541. In addition, the oil price rose due to the attack. The price of a barrel of raw Brent is USD 68.21, an increase of 3%. The price of a barrel of WII rose 2.8% to USD 62.91.

The Asian stock markets show a mixed picture this morning. The Hang Seng index decreased by 0.4% and the Shanghai stock market was a fraction lower in the meantime. In Tokyo, the stock market was closed due to the holiday season. The All Ordinaries in Sydney entered the weekend with an increase of 0.6%. Oil companies benefited from the higher oil prices.

The 6M Euribor increased with 1 basis point to -0.32% compared to previous business day. The 10Y Swap decreased with 4 basis points to 0.17% compared to previous business day.

In the attachment, today’s market data on money and capital market rates as well as other rates are presented.