Market Talk – February 29, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 41.84 points or -0.11% to 39,166.19
• Shanghai increased 57.32 points or 1.94% to 3,015.17
• Hang Seng decreased 25.41 points or -0.15% to 16,511.44
• ASX 200 increased 38.30 points or 0.50% to 7,698.70
• Kospi decreased 9.93 points or -0.37% to 2,642.36
• SENSEX increased 195.42 points or 0.27% to 72,500.30
• Nifty50 increased 31.65 points or 0.14% to 21,982.80

The major Asian currency markets had a mixed day today:

• AUDUSD increased 0.00037 or 0.06% to 0.64997
• NZDUSD decreased 0.00120 or -0.20% to 0.60850
• USDJPY decreased 0.735 or -0.49% to 149.935
• USDCNY decreased 0.00634 or -0.09% to 7.20636

The above data was collected around 15:58 EST.

Precious Metals:

• Gold increased 9.60 USD/t oz. or 0.47% to 2,044.22
• Silver increased 0.211 USD/t. oz or 0.94% to 22.672

The above data was collected around 15:00 EST.

EUROPE/EMEA:

The major Europe stock markets had a mixed day today:

• CAC 40 decreased 26.96 points or -0.34% to 7,927.43
• FTSE 100 increased 5.04 points or 0.07% to 7,630.02
• DAX 30 increased 76.97 points or 0.44% to 17.678.19

The major Europe currency markets had a mixed day today:

• EURUSD decreased 0.00283 or -0.26% to 1.08077
• GBPUSD decreased 0.00371 or -0.29% to 1.26239
• USDCHF increased 0.00570 or 0.65% to 0.88430

The above data was collected around 16:04 EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 14.46 points or 0.04% to 38,963.66
• S&P 500 advanced 27.51 points or 0.54% to 5,097.27
• Nasdaq advanced 134.6 points or 0.84% to 16,082.33
• Russell 2000  advanced 12.57 points or 0.62% to 2,052.87

Canada Market Closings:

• TSX Composite  advanced 115.95 points or 0.55% to 21,359.72
• TSX 60  advanced 7.88 points or 0.61% to 1,290.26

Brazil Market Closing:

• Bovespa declined 1,102.86 points or -0.85% to 129,052.57

ENERGY:

The oil markets had a mixed day today:

• Crude Oil decreased 0.289 USD/BBL or -0.37% to 78.251
• Brent decreased 0.139 USD/BBL or -0.17% to 82.011
• Natural gas decreased 0.0351 USD/MMBtu or -1.86% to 1.8499
• Gasoline increased 0.0234 USD/GAL or 0.92% to 2.5746
• Heating oil increased 0.0192 USD/GAL or 0.73% to 2.6452

The above data was collected around 16:04 EST.

• Top commodity gainers: Palm Oil (1.61%), Butter (6.56%), Aluminum (1.53%) and Palladium (1.36%)
• Top commodity losers: Cheese (-1.67%), Natural Gas (-1.86%), Sugar (-5.96%) and Cotton (-5.31%)

The above data was collected around 16:09 EST.

BONDS:

Japan 0.715% (+1.5bp), US 2’s 4.64% (-0.009%) , US 10’s 4.2561% (-1.79bps); US 30’s 4.38% (-0.031%), Bunds 2.404% (-5.7bp), France 2.88% (-5.2bp), Italy 3.84% (-5.4bp), Turkey 25.26% (-1bp), Greece 3.388% (-5bp), Portugal 3.04% (-5.9bp); Spain 3.297% (-4.8bp) and UK Gilts 4.123% (-6.3bp)

The above data was collected around 16:12 EST.