Market Talk – January 29, 2024

Market Talk 2017

 

ASIA:

 

The major Asian stock markets had a mixed day today:

  • NIKKEI 225 increased 275.87 points or 0.77% to 36,026.94
  • Shanghai decreased 26.87 points or -0.92% to 2,883.36
  • Hang Seng increased 125.01 points or 0.78% to 16,077.24
  • ASX 200 increased 23.00 points or 0.30% to 7,578.40
  • Kospi increased 22.09 points or 0.89% to 2,500.65
  • SENSEX increased 1,240.90 points or 1.76% to 71,941.57
  • Nifty50 increased 385.00 points or 1.80% to 21,737.60

 

The major Asian currency markets had a mixed day today:

  • AUDUSD increased 0.00185 or 0.28 to 0.65925
  • NZDUSD increased 0.00202 or 0.33% to 0.61102
  • USDJPY decreased 0.524 or -0.35% to 147.636
  • USDCNY increased 0.00229 or 0.03% to 7.18909

 

The above data was collected around 11:15 EST.

 

 

Precious Metals:

  • Gold increased 7.07 USD/t oz. or 0.35% to 2,025.41
  • Silver increased 0.212 USD/t. oz or 0.93% to 23.006

 

The above data was collected around 11:16 EST.

 

 

EUROPE/EMEA:

 

The major Europe stock markets had a mixed day today:

  • CAC 40 increased 6.67 points or 0.09% to 7,640.81
  • FTSE 100 decreased 2.35 points or -0.03% to 7,632.74
  • DAX 30 decreased 19.68 points or -0.12% to 16.941.71

 

The major Europe currency markets had a negative day today:

  • EURUSD decreased 0.00495 or -0.46% to 1.08025
  • GBPUSD decreased 0.00232 or -0.18% to 1.26788
  • USDCHF decreased 0.00027 or -0.03% to 0.86413

 

The above data was collected around 11:19 EST.

US/AMERICAS:

 

US Market Closings:

  • Dow advanced 224.02 points or 0.59% to 38,333.45
  • S&P 500 advanced 36.96 points or 0.76% to 4,927.93
  • Nasdaq advanced 172.68 points or 1.12% to 15,628.04
  • Russell 2000 advanced 33.09 points or 1.67% to 2,011.42

 

Canada Market Closings:

  • TSX Composite advanced 74.78 points or 0.35% to 21,200.06
  • TSX 60 advanced 5.9 points or 0.46% to 1,278.76

 

Brazil Market Closing:

  • Bovespa declined 462.63 points or -0.36% to 128,504.69

 

 

 

ENERGY:

 

The oil markets had a negative day today:

 

  • Crude Oil decreased 1.075 USD/BBL or -1.38% to 76.935
  • Brent decreased 0.922 USD/BBL or -1.11% to 82.028
  • Natural gas decreased 0.0904 USD/MMBtu or -4.16% to 2.0846
  • Gasoline decreased 0.052 USD/GAL or -2.27% to 2.2421
  • Heating oil decreased 0.0202 USD/GAL or -0.71% to 2.8232

 

The above data was collected around 11:21 EST.

 

  • Top commodity gainers: Platinum (1.39%), Orange Juice (6.05%), Palladium (1.99%) and Potatoes (1.37%)
  • Top commodity losers: Rapeseed (-2.75%), Coffee (-2.37%), Coal (-8.73%) and Natural Gas (-4.16%)

 

The above data was collected around 11:26 EST.

 

 

BONDS:

 

Japan 0.719% (+0.3bp), US 2’s 4.34% (-0.029%), US 10’s 4.1046% (-5.54bps); US 30’s 4.34% (-0.046%), Bunds 2.239% (-5.8bp), France 2.724% (-6.1bp), Italy 3.744% (-8.1bp), Turkey 25.19% (+0bp), Greece 3.250% (-9.7bp), Portugal 2.936% (-7.5bp); Spain 3.136% (-6.5bp) and UK Gilts 3.902% (-6.5bp)

The above data was collected around 11:39 EST.

Latest Posts

Market Talk – April 4, 2025

ASIA: The major Asian stock markets had a negative day today: • NIKKEI 225 decreased 955.35 points or -2.75% to 33,780.58 • Shanghai closed • Hang Seng closed • ASX [...]
Read more

Trump’s Tariffs are Winning

  I have said on various podcasts that a 10% tariff is really a tariff. Beyond that, it is political to force free trade. Most countries are dropping tariffs on [...]
Read more

Tariffs are NOT Reciprocal

How did the Trump Administration come up with these tariff rates? Why would a nation like Madagascar, for example, with a small economy, be hit with a 47% tariff? Reciprocal [...]
Read more

Eric Adams Leaves the Democratic Party

New York City Mayor Eric Adams, the man who fought tooth and nail to maintain sanctuary city status for migrants, has abandoned the Democratic Party. The Democrats have become so [...]
Read more