📉 Evening Market Report — 19 November 2025

End-of-Day European Close, Updated Global Prices | 17:00 UTC


Key Takeaway:
European markets closed with modest gains after a technical rebound, led by the IBEX 35 amid bank and energy strength, but gains were capped by caution ahead of NVIDIA earnings and Fed minutes. Gold ends near record highs as a safe haven, crypto markets stabilize with slight upside, and the dollar weakens modestly against major currencies. Volatility eased during the session but remains elevated, with defensive sentiment prevailing amid upcoming macro data and earnings.


🏦 European Stock Indices — End-of-Day Closing Data

IndexOpening PriceClosing Price% Change (Day)Day RangeVolume% Change (Week)% Change (Month)Commentary
IBEX 3515,827.0015,940.20+0.72%15,827 – 15,960120M−4.0%+2.3%Strong close, banks/energy outperform
DAX16,012.5016,125.80+0.71%16,012 – 16,16065M−0.5%+2.0%Industrials, autos gain traction
CAC 407,188.207,235.40+0.66%7,188 – 7,25548M−0.7%+1.4%Luxury, consumer defensives firm
FTSE 1007,388.107,425.90+0.51%7,388 – 7,43575M−0.6%+1.2%Utilities, staples provide stability
Euro Stoxx 504,195.604,232.10+0.87%4,195 – 4,24555M−0.8%+1.7%Blue chips, broad-based strength
FTSE MIB34,112.0034,335.00+0.66%34,112 – 34,36032M−0.4%+2.2%Banks, energy fuel Italian gains

🥇 Precious Metals — End-of-Day Spot Prices

MetalSpot Price (USD/oz)Daily Change% ChangeIntraday RangeCommentary
Gold$4,088.60/oz+$22.20+0.55%4,055.3 – 4,105.4Record highs, safe haven demand
Silver$52.90+$0.38+0.72%52.1 – 53.45Industrial & monetary demand
Platinum$1,396.00+$18.00+1.31%1,388.0 – 1,436.0Technical rebound, illiquid
Palladium$1,398.00+$20.00+1.45%1,371.0 – 1,452.0Volatile, auto sector sensitive

💹 Cryptocurrencies — End-of-Day Market Overview

CryptoPrice (USD)% Day% WeekMarket Cap (USD)24h Volume (USD)Commentary
Bitcoin$92,150.40+1.12+1.68$1.85T$83.5BRebound, but down YTD from peak
Ethereum$3,110.50+1.68+2.15$0.38T$35.9BOutperforms BTC, DeFi flows
XRP$2.20+1.42+0.64$0.13T$5.1BETF rumors, speculative flows
Solana$142.00+1.57+3.08$78.5B$6.2BPositive DeFi sentiment

💱 Forex Market — End-of-Day Major Pairs (Single-Line-Per-Pair Format)

PairBidAskSpread (pips)% DayIntraday RangeCommentary
EURUSD1.15881.15900.2-0.11%1.1571 – 1.1613Euro rebounding from recent lows
USDJPY148.2500148.28000.3+0.16%147.91 – 148.50Yen weak, BoJ remains ultra-loose
GBPUSD1.31361.31390.3-0.07%1.3112 – 1.3158Pound pressured by inflation, BoE stance
USDCHF0.91270.91300.3+0.18%0.9113 – 0.9143Swiss franc steady, dollar dominant
USDCAD1.37411.37440.3+0.17%1.3718 – 1.3759Loonie stable, oil prices flat
AUDUSD0.64680.64710.3-0.04%0.6453 – 0.6488Aussie dollar soft, China weighs
USDCNY7.28637.28680.5+0.06%7.2828 – 7.2918Yuan stable, PBoC intervention ongoing
EURGBP0.88310.88340.3+0.09%0.8817 – 0.8847Euro steady, pound under mild pressure

📊 Market Sentiment & Volatility

IndicatorCurrent ValueDaily ChangeStatusMarket Interpretation
VIX (S&P 500 Volatility)21.50(-3.8%)Elevated, easing from prior sessionRisk aversion persists but softening
VSTOXX (Euro Stoxx 50 Volatility)22.80(-5.0%)High, trending lowerEuropean volatility easing but elevated
Put/Call Ratio1.88Persistent demand for hedgesDefensive positioning prevalent
CNN Fear & Greed Index30Extreme fear territoryInvestor sentiment deeply negative

🔍 Key Market Themes & Catalysts

  • Central Banks: Fed minutes released, highlighting caution on rate cuts; markets price 40% chance of December cut .
  • Geopolitical: US sanctions on Russian exports tighten oil supply; Middle East tensions support safe-haven flows .
  • Earnings: NVIDIA reports after bell; expectations high with EPS at $1.26 and revenue $55B, amid tech sector concerns .
  • Economic Data: Jobless claims up to 232K; delayed jobs report tomorrow; broader labor cooling but resilient .
  • Volatility: VIX climbed to 23 intraday but closed at 19.8, up 4% weekly; investor caution ahead of data.

🔮 Session Outlook & Strategy

  • Recommended Approach: Selective and vigilant positioning
  • Opportunities: Defensive equity sectors, precious metals, safe-haven currencies
  • Risks: Potential volatility spikes from NVIDIA results or jobs data surprises
  • Watch Levels: Technical support in major indices, gold $4,055 support
  • Positioning: Maintain risk management focus, monitor volatility trends

Stay updated at http://www.ramonmorell.com for real-time analysis and market updates.

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