Last Updated: 2016-12-06

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
/ 1.0755 -.98%
/ 113.80 -5.57%
/ 1.2747 -13.52%
/ 1.0072 .48%
/ .3046 4.03%
/ 122.40 .98%

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 The EUR/USD pair resurged to its highest since mid November, ending the day near 1.0740 after briefly touching 1.0504, a fresh yearly low at the beginning of the day. Italy said No to PM Matteo Renzi proposed constitutional reform, who resigned this Monday. Fears that the Italian banking system could collapse and therefore spread to other European banks weighed on investors mood, fueling risk-averse trading all through the Asian session.
JPY Currently, USD/JPY is trading at 113.83, up 0.06% on the day, having posted a daily high at 113.97 and low at 113.73. USD/JPY is a touch softer in the Tokyo open, testing the downside below the 114 handle and the minor recovery from the 1hr 200 sma on the sell-off from 114.44 has hit a roadblock. The theme has otherwise been how the markets had shrugged off the Italian no vote. US and European equities are higher, as are commodities. Otherwise, the US data was positive, but the dollar failed to get a major lift on it.
GBP GBP/USD continues to consolidate around the 1.27 mark, after hitting a 2-month peak during the European session. GBP/USD filled the bearish weekly opening gap, and climbed to its highest level since early October at 1.2743 before losing momentum and entering a sideways phase. Data from the UK helped to underpin Cable, alongside with better market sentiment.
CHF USD/CHF was trading at 1.0071.
KWD The Central Bank of Kuwait changed its dinar around a mid-point of 0.30460 per dollar.

Money Market

Code Country Comments

Stock Markets

Code Country Comments
EUR Italian stocks retreated Monday after Prime Minister Matteo Renzis resignation announcement following defeat of a constitutional referendum, but questions remain about political uncertainty and the possibility of another eurozone crisis. Italys FTSE MIB closed down by 0.2% at 17,050.21, but escaped an intraday loss of as much as 2.1%, FactSet data showed.
JPY Asian markets were broadly higher early Tuesday, tracking overnight gains on Wall Street, as investors globally brushed off Italian voters rejection of constitutional reform. Japans Nikkei Stock Average was up 0.5%, Koreas Kospi was up 1.2%, Australias S&P/ASX 200 was up 0.8%, and Taiwans gained 1.0%. The focus is back to reflation and its back to assessing 2017, said Chris Weston, chief market strategist at IG. While the issues facing Italy are systemic, they are largely contained for now, he said, adding that depending on the survey in question, most Italians still favor being part of the European monetary union. Finance stocks in Asia were among the biggest gainers on Tuesday, helped by the calm global reaction to Italysreferendum. In Hong Kong, banking giant HSBC (HSBA.LN) was up 2.7%, while in Japan, shares of Nomura Holdings (8604.TO) gain 2.9%, while Mitsubishi UFJ Financial Group (MTU) rose 1.2%. Down Under, shares of National Australia Bank (NABZY) rose 0.5%.
GBP U.K. stocks closed higher Monday, with bank shares shaking off losses as investors assessed the fallout from the resignation of Italys prime minister following a referendum defeat over the weekend. The U.Ks FTSE 100 closed up 0.2% at 6,746.83, recovering after a downbeat start, when it opened 0.4% lower. London-listed bank shares managed to swing higher, as investors weighed up the prospects for banks across Europe after a referendum in Italy raised fears about the integrity of the eurozone.
USD U.S. stocks resumed their climb Monday as investors bought stocks that stand to benefit from economic growth, like banks, as well as technology companies, which have been mostly left out of a post-election rally. The Dow Jones industrial set another record high. The Dow Jones industrial average added 45.82 points, or 0.2 percent, to 19,216.24. The Standard & Poors 500 index picked up 12.76 points, or 0.6 percent, to 2,204.71. The Nasdaq composite jumped 53.24 points, or 1 percent, to 5,308.89.