Marcus Today Pre-Market Podcast – Wednesday 29th November

Vale Charlie Munger

 The Dow Jones Industrial Average added 83.51 points, or 0.24%, to close at 35,416.98. The S&P 500 inched higher by 0.10% to 4,554.89, and the tech-heavy Nasdaq Composite.

SPI up 15.

• Base metals mixed. Zinc +0.65%, Aluminium +0.34%, Lead +-0.35%, and Tin +1.33%.
• Nickel prices jumped +5.87% after an industrial report raised the prospect of a change in the way top supplier Indonesia prices the metal.
• Copper prices rebounded on news of disruptions at major mines in Panama and Peru raising supply concerns, up 1.27%
• Oil prices settled higher overnight, on the possibility OPEC+ will extend or deepen supply cuts. Brent Crude +1.96% and WTI +2.19%.
• 10Y yield: US 4.332%, Australia 4.453%, and Germany 2.491%.
• USD Index fell 0.41%, its lowest point in 15 weeks, and on track to end the month ~3% lower.

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