September 30th Morning Report

Friday 30th September 2022

US markets closed lower on Thursday on worries that the Federal Reserve's aggressive fight against inflation could hobble the US economy, and as investors fretted about a rout in global currency and debt markets. The Dow Jones Industrial Average closed up 1.46%, while the S&P 500 and Nasdaq Composite were up 2.82% and 2.05% respectively.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-1.77%), the Dax 30 (+1.71%), CAC 40 (-1.53%) and the STOXX (-1.69%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(+0.95%), HSI (-0.49%) and the Shanghai Composite (-0.13%).

The yield on the US 10 - year note was at 3.765%, while the 2 - year note was at 4.182%. Oil was down to $81.49 per barrel, down 0.80%. The gold price was at US$1669.50 per ounce, down 0.30%.

Morning Report 30 September 2022

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