Market Talk – February 8, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 increased 743.36 points or 2.06% to 36,863.28
• Shanghai increased 36.21 points or 1.28% to 2,865.90
• Hang Seng decreased 203.82 points or -1.27% to 15,878.07
• ASX 200 increased 23.40 points or 0.31% to 7,639.20
• Kospi increased 10.74 points or 0.41% to 2,620.32
• SENSEX decreased 723.57 points or -1.00% to 71,428.43
• Nifty50 decreased 212.55 points or -0.97% to 21,717.95

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00257 or -0.39% to 0.64923
• NZDUSD decreased 0.00143 or -0.23% to 0.60967
• USDJPY increased 1.053 or 0.71% to 149.233
• USDCNY increased 0.00336 or 0.05% to 7.21576

The above data was collected around 13:16 EST.

Precious Metals:

• Gold decreased 0.97 USD/t oz. or -0.05% to 2,033.25
• Silver increased 0.383 USD/t. oz or 1.73% to 22.568

The above data was collected around 13:19 EST.

EUROPE/EMEA:

The major Europe stock markets had a mixed day today:

• CAC 40 increased 54.37 points or 0.71% to 7,665.63
• FTSE 100 decreased 33.27 points or -0.44% to 7,595.48
• DAX 30 increased 41.87 points or 0.25% to 16.963.83

The major Europe currency markets had a mixed day today:

• EURUSD increased 0.00092 or 0.09% to 1.07802
• GBPUSD decreased 0.00035 or -0.03% to 1.26215
• USDCHF decreased 0.00042 or -0.05% to 0.87388

The above data was collected around 13:24  EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 48.97 points or 0.13% to 38,726.33
• S&P 500 advanced 2.85% or 0.06% to 4,997.91
• Nasdaq advanced 37.07 points or 0.24% to 15,793.72
• Russell 2000 advanced 29.34 points or 1.5% 1,979.7

Canada Market Closings:

• TSX Composite declined 49.54 points or -0.24% to 20,919.64
• TSX 60 declined 0.47 of a point or -0.04% to 1,264.12

Brazil Market Closing:

• Bovespa declined 1,807.04 points or -1.39% to 128,142.86

ENERGY:

The oil markets had a mixed day today:

• Crude Oil increased 2.025 USD/BBL or 2.74% to 75.885
• Brent increased 2.218 USD/BBL or 2.80% to 81.428
• Natural gas decreased 0.052 USD/MMBtu or -2.64% to 1.9150
• Gasoline increased 0.0475 USD/GAL or 2.10% to 2.3105
• Heating oil increased 0.0541 USD/GAL or 1.92% to 2.8693

The above data was collected around 13:26 EST.

• Top commodity gainers: Crude Oil (2.74%), Brent (2.80%), Gasoline (2.10%) and Cocoa (8.30%)
• Top commodity losers: Wheat (-2.97%), Natural Gas (-2.64%), Oat (-1.42%) and Zinc (-2.62%)

The above data was collected around 13:31 EST.

BONDS:

Japan 0.704% (-0.2bp), US 2’s 4.45% (+0.030%), US 10’s 4.1501% (+4.21bps); US 30’s 4.36% (+0.047%), Bunds 2.359% (+5.8bp), France 2.871% (+4.4bp), Italy 3.944% (+5bp), Turkey 24.31% (+4bp), Greece 3.415% (+5.7bp), Portugal 3.079% (+5.6bp); Spain 3.295% (+5.2bp) and UK Gilts 4.062% (+7.2p)

The above data was collected around 13:36 EST.