Last Updated: 2016-11-29

Interest Rates

Fed Funds .4100
Discount Rate 2.2
Repo Rate 1.50
KWD
(KIBOR)
Interbank Offerd Rate
1M .5625% 1Y 1.0313%
3M .7188% 2Y 0%
6M .8750% 3Y 0%

Foreign Currency

3 Month Offer 10 Year Treasury 30 Year Treasury
USD .91622% 2.3423% 3.0223%
EUR -0.32929% .2750% .8987%
JPY -.05371% .034% .6320%
JBP .39838% 1.47% 2.0890%
CHF -.73920% -.1080% .3510%

Exchange Rates

LAST YTD
/ 1.0593 -2.48%
/ 111.09 -7.81%
/ 1.2333 -16.33%
/ 1.0103 .83%
/ .3047 3.40%
/ 117.68 -10.69%

Commodities (USD)

LAST YTD
Gold Oz 1210.75 2.30%
Silver Oz 16.64 6.63%
Oil Brl 43.56 -24.02%

Stock Markets

LAST YTD
DOW JONES 18867.93 8.28%
NASDAQ 5275.91 11.4%
DAX 30 10664.56 -0.73%
NIKKEI 225 18092.18 -4.95%
FTSE 100 101.00 8.55%
CAC 40 4504.35 -2.86%

Kuwait Stock

LAST YTD
Index 5507.31 1.96%
Bkg. Sector
Bus. Sector 834.43 15.48%
Ind. Sector 1216.31 -9.94%
Ins. Sector 944.06 12.26%
Real Est. Sector 823.53 14.63%

Economic Indicators

Time
(KST)
Location Description Forcast Previous
9:30 CA Manufacturing Sales 1.7

Foreign Exchange

Country Comments
EUR EUR/USD is trading at 1.0588, down -0.05% on the day, having posted a daily high at 1.0687 and low at 1.0564. On a key week for the greenback with nonfarm payrolls coming up, EUR/USD has inched higher making further ground on the recovery of the sell-off from 1.0669 to the aforementioned lows. The European session was dominated by covering in USD/JPY that helped drive the downside in EUR/USD before the recovery ensued in the US session while ECB president Mario Draghi has been testifying in European parliament with concerns in the recovery that have been voiced albeit Draghi argues that the economy is continuing to expand at a moderate pace, despite the adverse effects of global uncertainty.
JPY USD/JPY fades a spike to 112.25 region, and now reverts to 112 handle amid a softer tone seen on the Japanese stocks as well as in the US treasury yields.The major is seen consolidating around 112 handle over the last hour, having failed sustain the recovery at higher levels as slightly risk-averse market environment keeps the safe-haven yen underpinned at the expense of the higher-yielding treasury yields.
GBP GBP/USD is trading at 1.2422, down -0.39% on the day, having posted a daily high at 1.2534 and low at 1.2386. GBP/USD is sideways narrow range around the 1.24 handle consolidating the greenbacks rally from 1.2530 to aforementioned lows. Demand for EUR/GBP drove the offer in sterling in European trade and there has been little fundamental driving the price otherwise although some demand in oil and comments from BOEs Vlieghe speaking in Brussels supports the pound.
CHF USD/CHF was trading at 1.0137.

Money Market

Code Country Comments

Stock Markets

Code Country Comments
EUR European stocks fell Monday, with oil stocks pulled lower by doubts about a key OPEC meeting this week, while French and Italian stocks were weighed down by political worries. The Stoxx Europe 600 fell 0.8% to close at 339.83. On Friday, the pan-European benchmark rose 0.2% after a choppy session, in lower-than-normal trading during the U.S. Thanksgiving holiday weekend. The index ended the week higher by 0.9%.
JPY Expectations that a production deal among the Organization of the Petroleum Exporting Countries would unravel dominated Asian trade on Monday, adding volatility to regional stocks and currencies. OPEC officials said Saudi Arabian oil officials wont attend a meeting Monday on Monday with non-OPEC members, including Russia. This intensified concerns that global producers wont be able to reach an effective agreement on production cuts at a critical meeting of the 14-nation cartel on Wednesday. Japans Nikkei 225 closed down 0.1% and Australias S&P/ASX 200 was off 0.8%, while Hong Kongs Hang Seng Index finished up 0.5%, largely thanks to news over the weekend of the imminent launch of a trading link with Shenzhen.
GBP U.K. stocks dropped for the first time in three sessions on Monday, with oil producers among the biggest decliners on growing concerns OPEC will fail to reach an output deal at a closely watched meeting this week. The FTSE 100 index slumped 0.6% to close at 6,799.47. The downbeat sentiment came as traders looked ahead to the Organization of the Petroleum Exporting Countries meeting in Vienna on Wednesday. The big question is whether the 14 cartel members will agree on an output freeze or cut, which is seen as a way to stabilize the oil market and send prices higher.
KWD The Kuwait stock exchange is currently at 5,539.76.
USD Stocks pulled back slightly on Monday, retreating from the records the market set last week. Consumer companies and banks took some of the largest losses. Small-company stocks, which have been outperforming the rest of the market for weeks, gave back some of their recent gains.The Dow Jones industrial average lost 54.24 points, or 0.3 percent, to 19,097.90. The S&P 500 fell 11.63 points, or 0.5 percent, to 2,201.72. The Nasdaq composite lost 30.11 points, or 0.6 percent, to 5,368.81.