Market Talk – February 27, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 increased 5.81 points or 0.01% to 39,239.52
• Shanghai increased 38.46 points or 1.29% to 3,015.48
• Hang Seng increased 156.06 points or 0.94% to 16,790.80
• ASX 200 increased 10.20 points or 0.13% to 7,663.00
• Kospi decreased 22.03 points or -0.83% to 2,625.05
• SENSEX increased 305.09 points or 0.42% to 73,095.22
• Nifty50 increased 76.30 points or 0.34% to 22,198.35

The major Asian currency markets had a mixed day today:

• AUDUSD increased 0.00103 or 0.16% to 0.65503
• NZDUSD increased 0.00047 or 0.08% to 0.61767
• USDJPY decreased 0.362 or -0.24% to 150.328
• USDCNY increased 0.00235 or 0.03% to 7.21215

The above data was collected around 13:27 EST.

Precious Metals:

• Gold increased 3.72 USD/t oz. or 0.18% to 2,034.38
• Silver increased 0.033 USD/t. oz or 0.15% to 22.548

The above data was collected around 13:29 EST.

EUROPE/EMEA:

The major Europe stock markets had a mixed day today:

• CAC 40 increased 18.58 points or 0.23% to 7,948.40
• FTSE 100 decreased 1.28 points or -0.02% to 7,683.02
• DAX 30 increased 133.26 points or 0.76% to 17.556.49

The major Europe currency markets had a mixed day today:

• EURUSD increased 0.00053 or 0.05% to 1.08523
• GBPUSD increased 0.00057 or 0.04% to 1.26877
• USDCHF decreased 0.0004 or -0.05% to 0.87940

The above data was collected around 13:33 EST.

ENERGY:

The oil markets had a green day today:

• Crude Oil increased 1.074 USD/BBL or 1.38% to 78.654
• Brent increased 0.982 USD/BBL or 1.19% to 83.512
• Natural gas increased 0.0526 USD/MMBtu or 3.02% to 1.7966
• Gasoline increased 0.0195 USD/GAL or 0.85% to 2.3251
• Heating oil increased 0.0067 USD/GAL or 0.24% to 2.7694

The above data was collected around 13:35 EST.

• Top commodity gainers: Natural Gas (3.02%), Rapeseed (1.84%), Cotton (3.42%) and Sugar (2.98%)
• Top commodity losers: Orange Juice (-2.64%), Rhodium (-1.12%), Cocoa (-1.87%) and Rice (-2.02%)

The above data was collected around 13:41 EST.

US Market Closings:

• Dow declined 96.82 points or -0.25% to 38,972.41
• S&P 500 advanced 8.65 points or 0.17% to 5,078.18
• Nasdaq advanced 59.05 points or 0.37% to 16,035.3
• Russell 2000 advanced 27.14 points or 1.34% to 2,056.11

Canada Market Closings:

• TSX Composite declined 5.41 points or -0.03% to 21,318.9
• TSX 60 declined 2.25 points or -0.17% to 1,286.68

Brazil Market Closing:

• Bovespa advanced 2,045.34 points or 1.58% to 131,652.39

BONDS:

Japan 0.691% (+0.4bp), US 2’s 4.70% (-0.041%)  , US 10’s 4.2934% (-0.56bps); US 30’s 4.42% (+0.003%), Bunds 2.464% (+3.4bp), France 2.944% (+3.8bp), Italy 3.909% (+1.4bp), Turkey 25.28% (+2bp), Greece 3.398% (+2.4bp), Portugal 3.092% (+1.5bp); Spain 3.357% (+2.8bp) and UK Gilts 4.196% (+3.3p)

The above data was collected around 13:46 EST.