Market Talk – February 28, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 31.49 points or -0.08% to 39,208.03
• Shanghai decreased 57.63 points or -1.91% to 2,957.85
• Hang Seng decreased 253.95 points or -1.51% to 16,536.85
• ASX 200 decreased 2.60 points or -0.03% to 7,660.40
• Kospi increased 27.24 points or 1.04% to 2,652.29
• SENSEX decreased 790.34 points or -1.08% to 72,304.88
• Nifty50 decreased 247.20 points or -1.11% to 21,951.15

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00475 or -0.73% to 0.64955
• NZDUSD decreased 0.00715 or -1.16% to 0.60975
• USDJPY increased 0.196 or 0.13% to 150.696
• USDCNY increased 0.00144 or 0.02% to 7.21454

The above data was collected around 16:01 EST.

Precious Metals:

• Gold increased 3.95 USD/t oz. or 0.19% to 2,033.59
• Silver increased 0.022 USD/t. oz or 0.10% to 22.453

The above data was collected around 16:03 EST.

US/AMERICAS:

US Market Closings:

• Dow declined 23.39 points or -0.06% to 38,949.02
• S&P 500 declined 8.42 points or -0.17% to 5,069.76
• Nasdaq declined 87.56 points or -0.55% to 15,947.74
• Russell 2000 declined 15.8 points or -0.77% to 2,040.31

Canada Market Closings:

• TSX Composite declined 75.13 points or -0.35% to 21,243.77
• TSX 60 declined 4.3 points or -0.33% to 1,282.38

Brazil Market Closing:

• Bovespa declined 902.45 points or -1.6% to 55,338.58

EUROPE/EMEA:

The major Europe stock markets had a mixed day today:

• CAC 40 increased 5.99 points or 0.08% to 7,954.39
• FTSE 100 decreased 58.04 points or -0.76% to 7,624.98
• DAX 30 increased 44.73 points or 0.25% to 17.601.22

The major Europe currency markets had a mixed day today:

• EURUSD decreased 0.00065 or -0.06% to 1.08375
• GBPUSD decreased 0.00228 or -0.18% to 1.26602
• USDCHF increased 0.00036 or 0.04% to 0.87866

The above data was collected around 16:07 EST.

ENERGY:

The oil markets had a mixed day today:

• Crude Oil decreased 0.496 USD/BBL or -0.63% to 78.374
• Brent decreased 0.109 USD/BBL or -0.13% to 83.541
• Natural gas increased 0.0664 USD/MMBtu or 3.67% to 1.8744
• Gasoline decreased 0.0806 USD/GAL or -3.44% to 2.2638
• Heating oil decreased 0.0998 USD/GAL or -3.63% to 2.6462

The above data was collected around 16:10 EST.

• Top commodity gainers: Natural Gas (3.67%), Cheese (2.53%), Milk (7.01%) and Cotton (8.33%)
• Top commodity losers: Orange Juice (-5.42%), Heating Oil (-3.63%), Cocoa (-5.55%) and Gasoline (-3.44%)

The above data was collected around 16:15 EST.

BONDS:

Japan 0.700% (+0.9bp), US 2’s 4.65% (-0.062%) , US 10’s 4.2639% (-5.11bps); US 30’s 4.40% (-0.039%), Bunds 2.461% (+0.6bp), France 2.932% (-0.8bp), Italy 3.894% (-1.3bp), Turkey 25.27% (-1bp), Greece 3.438% (+2.6bp), Portugal 3.099% (+0bp); Spain 3.337% (-1.8bp) and UK Gilts 4.186% (-1.1bp)

The above data was collected around 16:18 EST.