Markets Digest Data

Published by Filipe R. Costa on Mon, 01/10/2012 - 10:51
negative data

Daily Market Commentary for October 1: Investors digested economic data from Thursday and reevaluated everything. With GDP growing at 1.3% instead of 1.7% there were not many reasons for the Thursday rally to subsist. Markets edged down on economic data worries.

Economic data delivered on Thursday was poor and on Friday it was worrisome. For the first time since the recovery started in the US, Chicago PMI data showed contraction. While economists were expecting a reading of 53.0, the data came at 49.2, not a good signal. Consumer sentiment was reported at 78.3, slightly below the expected 79.0 and personal income and outlays more or less in line with what has been anticipated.

Another quarter has just ended, and we are approaching the final of the year that usually brings the bulls. With all social unrest we currently have in Europe, let’s see what the 4Q reserved for us.

Quarter three was really good for the Germans, since the DAX was lifted 12.5%. At the other side is the Nikkei that lost 1.5% during the quarter. The FTSE 100 was a little shy when compared with other European markets and US equities, edging higher by just 3.1%.

Name Last price Close Price % 5-Day % YTD %
Nasdaq 100 Index 28/09/2012 2799.19 -0.79 -2.18 22.89
DAX (Xetra) 28/09/2012 7216.15 -1.01 -3.16 22.34
S&P 500 28/09/2012 1440.67 -0.45 -1.33 14.56
Gold (LBM) $ 28/09/2012 177370 0.4 0.02 13.2
Dow Jones Industrial Average 28/09/2012 13437.1 -0.36 -1.05 9.98
Euronext 100 28/09/2012 642.38 -1.84 -3.95 8.35
CAC 40 28/09/2012 3354.82 -2.46 -4.98 6.17
Nikkei 225 28/09/2012 8870.25 -0.89 -2.63 4.91
GBP/USD - US $ per £ 28/09/2012 1.6166 -0.4 -0.39 4.1
Crude oil (Brent) Composite 28/09/2012 11139 -0.01 0.98 3.71
FTSE 100 28/09/2012 5742.07 -0.65 -1.89 3.05
AUD/JPY - JPY per Australian $ 28/09/2012 80.86 -0.19 -1.06 3.03
AUD/USD - US$ per Australian $ 28/09/2012 1.0379 -0.56 -0.76 1.69
USD/CHF - Swiss Fr per US$ 28/09/2012 0.9399 0.28 0.74 0.25
EUR/CHF - Swiss Fr per Euro 28/09/2012 1.2084 -0.16 -0.24 -0.55
EUR/USD - US$ per Euro 28/09/2012 1.2859 -0.42 -0.94 -0.73
EUR/GBP - £ per Euro 28/09/2012 0.7956 0.01 -0.51 -4.51
Crude oil (Light Sweet) Composite 28/09/2012 9203 -0.24 -1.11 -7.04