Market Talk – December 18, 2025

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 510.78 points or -1.03% to 49,001.50

• Shanghai increased 6.093 points or 0.16% to 3,876.371

• Hang Seng increased 29.35 points or 0.12% to 25,498.13

• ASX 200 increased 3.00 points or 0.03% to 8,588.20

• SENSEX decreased 77.84 points or -0.09% to 84,481.81

• Nifty50 decreased 3.00 points or -0.01% to 25,815.55

The major Asian currency markets had a mixed day today:

• AUDUSD increased 0.00087 or 0.13% to 0.66135

• NZDUSD decreased 0.00013 or -0.02% to 0.57727

• USDJPY decreased 0.047 or -0.03% to 155.634

• USDCNY decreased 0.00703 or -0.10% to 7.03303

The above data was collected around 13:00 EST.

Precious Metals:

• Gold decreased 6.24 USD/t oz. or -0.14% to 4,332.23

• Silver decreased 0.912 USD/t. oz. or -1.38% to 65.263

The above data was collected around 13:03 EST.

EUROPE/EMEA:

The major Europe stock markets had a green day today:

• CAC 40 increased 64.59 points or 0.80% to 8,150.64

• FTSE 100 increased 63.45 points or 0.65% to 9,837.77

• DAX 30 increased 238.91 points or 1.00% to 24,199.50

The major Europe currency markets had a negative day today:

• EURUSD decreased 0.00201 or -0.17% to 1.17203

• GBPUSD decreased 0.00005 or -0.00% to 1.33762

• USDCHF decreased 0.00106 or -0.13% to 0.79450

The above data was collected around 13:06 EST.

NORTH AMERICA:

ENERGY:

The oil markets had a mixed day today:

• Crude Oil increased 0.527 USD/BBL or 0.94% to 56.467

• Brent increased 0.384 USD/BBL or 0.64% to 60.064

• Natural gas decreased 0.068 USD/MMBtu or -1.69% to 3.9560

• Gasoline decreased 0.007 USD/GAL or -0.41% to 1.7064

• Heating oil decreased 0.0115 USD/GAL or -0.54% to 2.1380

The above data was collected around 13:08 EST.

• Top commodity gainers: Silicon (1.89%), Orange Juice (5.53%), Oat (2.91%) and Palladium (3.60%)

• Top commodity losers: Lumber (-2.04%), Natural Gas (-1.69%), Sugar (-1.85%) and Silver (-1.38%)

The above data was collected around 13:29 EST.

BONDS:

Japan 1.9660% (-1.88bp), US 2’s 3.49% (-0.008%), US 10’s 4.1280% (-3.5bps); US 30’s 4.80 (-0.034%), Bunds 2.8533% (-1.09bp), France 3.5580% (-1.36bp), Italy 3.5050% (-2.35bp), Turkey 30.52% (+202bp), Greece 3.451% (-2bp), Portugal 3.173% (-2.8bp); Spain 3.278% (-2.8bp) and UK Gilts 4.490% (+0.28bp)

The above data was collected around 13:35 EST.