Market Talk – November 13, 2025

We will be taking a brief pause from posting Market Talk as we redirect attention to the 2025 World Economic Conference

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 increased 218.52 points or 0.43% to 51,281.83

• Shanghai increased 29.362 points or 0.73% to 4,029.501

• Hang Seng increased 150.30 points or 0.56% to 27,073.03

• ASX 200 decreased 46.10 points or -0.52% to 8,753.40

• SENSEX increased 12.16 points or 0.01% to 84,478.67

• Nifty50 increased 3.35 points or 0.01% to 25,879.15

The major Asian currency markets had a negative day today:

• AUDUSD decreased 0.00134 or -0.20% to 0.65279

• NZDUSD decreased 0.00041 or -0.07% to 0.56684

• USDJPY decreased 0.387 or -0.25% to 154.409

• USDCNY decreased 0.0154 or -0.22% to 7.09724

The above data was collected around 14:03 EST.

Precious Metals:

• Gold decreased 41.5 USD/t oz. or -0.99% to 4,153.76

• Silver decreased 0.965 USD/t. oz. or -1.81% to 52.305

The above data was collected around 14:05 EST.

EUROPE/EMEA:

The major Europe stock markets had a negative day today:

• CAC 40 decreased 8.75 points or -0.11% to 8,232.49

• FTSE 100 decreased 103.74 points or -1.05% to 9,807.68

• DAX 30 decreased 339.84 points or -1.39% to 24,041.62

The major Europe currency markets had a mixed day today:

• EURUSD increased 0.00459 or 0.40% to 1.16392

• GBPUSD increased 0.00608 or 0.46% to 1.31938

• USDCHF decreased 0.00564 or -0.71% to 0.79202

The above data was collected around 14:10 EST.

US/AMERICAS:

ENERGY:

The oil markets had a mixed day today:

• Crude Oil increased 0.201 USD/BBL or 0.34% to 58.691

• Brent increased 0.343 USD/BBL or 0.55% to 63.053

• Natural gas increased 0.1067 USD/MMBtu or 2.35% to 4.6397

• Gasoline increased 0.0098 USD/GAL or 0.50% to 1.9593

• Heating oil decreased 0.021 USD/GAL or -0.85% to 2.4606

The above data was collected around 14:12 EST.

• Top commodity gainers: Natural Gas (2.35%), Lumber (1.67%), Oat (2.24%) and Corn (1.55%)

• Top commodity losers: Palladium (-2.83%), Live Cattle (-2.82%), Lean Hogs (-3.09%) and Cocoa (-3.46%)

The above data was collected around 14:22 EST.

BONDS:

Japan 1.6920% (+0.07bp), US 2’s 3.60% (+0.021%), US 10’s 4.1130% (+3.8bps); US 30’s 4.71 (+0.037%), Bunds 2.6866% (+4.01bp), France 3.4157% (+3.78bp), Italy 3.4148% (+4.47bp), Turkey 32.925% (+228.5bp), Greece 3.320% (+3.8bp), Portugal 3.066% (+4.2bp); Spain 3.181% (+4.1bp) and UK Gilts 4.441% (+3.78bp)

The above data was collected around 14:32 EST.