Market Talk – March 1, 2024

ASIA:

The major Asian stock markets had a green day today:

• NIKKEI 225 increased 744.63 points or 1.90% to 39,910.82
• Shanghai increased 11.85 points or 0.39% to 3,027.02
• Hang Seng increased 78.00 points or 0.47% to 16,589.44
• ASX 200 increased 46.90 points or 0.61% to 7,745.60
• Kospi closed
• SENSEX increased 1,245.05 points or 1.72% to 73,745.35
• Nifty50 increased 355.95 points or 1.62% to 22,338.75

The major Asian currency markets had a green day today:

• AUDUSD increased 0.00323 or 0.50% to 0.65273
• NZDUSD increased 0.0014 or 0.23% to 0.61010
• USDJPY increased 0.18 or 0.12% to 150.160
• USDCNY increased 0.00423 or 0.06% to 7.21073

The above data was collected around 13:25 EST.

Precious Metals:

• Gold increased 43.29 USD/t oz. or 2.12% to 2,086.53
• Silver increased 0.505 USD/t. oz or 2.23% to 23.173

The above data was collected around 13:28 EST.

EUROPE/EMEA:

The major Europe stock markets had a green day today:

• CAC 40 increased 6.74 points or 0.09% to 7,934.17
• FTSE 100 increased 52.48 points or 0.69% to 7,682.50
• DAX 30 increased 56.88 points or 0.32% to 17.735.07

The major Europe currency markets had a mixed day today:

• EURUSD increased 0.00348 or 0.32% to 1.08378
• GBPUSD increased 0.00353 or 0.28% to 1.26583
• USDCHF decreased 0.00015 or -0.02% to 0.88425

The above data was collected around 13:31 EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 90.99 points or 0.23% to 39,087.38
• S&P 500  advanced  40.81 points or 0.8% to 5,137.08
• Nasdaq  advanced 183.02 points or 1.14% to 16,274.94
• Russell 2000  advanced 21.55 points or 1.05% to 2,076.39

Canada Market Closings:

• TSX Composite advanced 188.74 points or 0.88% to 21,552.35
• TSX 60 advanced advanced 10.38 points or 0.8% to 1,300.73

Brazil Market Closing:

• Bovespa  advanced 159.7 points or 0.12% to 129,179.72

ENERGY:

The oil markets had a mixed day today:

• Crude Oil increased 1.798 USD/BBL or 2.30% to 80.058
• Brent increased 1.695 USD/BBL or 2.07% to 83.605
• Natural gas decreased 0.0245 USD/MMBtu or -1.32% to 1.8355
• Gasoline increased 0.0338 USD/GAL or 1.31% to 2.6148
• Heating oil increased 0.0479 USD/GAL or 1.81% to 2.6978

The above data was collected around 13:32 EST.

• Top commodity gainers: Crude Oil (2.30%), Gold (2.12%), Silver (2.23%) and Cocoa (4.69%)
• Top commodity losers: Cheese (-2.46%), Wheat (-3.11%), Sugar (-7.00%) and Coffee (-1.97%)

The above data was collected around 13:39 EST.

BONDS:

Japan 0.716% (+0.1bp), US 2’s 4.54% (-0.111%) , US 10’s 4.1876% (-6.44bps); US 30’s 4.34% (-0.037%), Bunds 2.412% (+0.8bp), France 2.909% (+2.9bp), Italy 3.896% (+5.6bp), Turkey 25.66% (+40bp), Greece 3.445% (+5.8bp), Portugal 3.069% (+2.9bp); Spain 3.293% (+1.2bp) and UK Gilts 4.107% (-1.6bp)

The above data was collected around 13:42 EST.