Market Talk – March 4, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 increased 198.41 points or 0.50% to 40,109.23
• Shanghai increased 12.29 points or 0.41% to 3,039.31
• Hang Seng increased 6.53 points or 0.04% to 16,595.97
• ASX 200 decreased 9.80 points or -0.13% to 7,735.80
• Kospi increased 31.91 points or 1.21% to 2,674.27
• SENSEX increased 66.14 points or 0.09% to 73,872.29
• Nifty50 increased 27.20 points or 0.12% to 22,405.60

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00101 or -0.15% to 0.65129
• NZDUSD decreased 0.00156 or -0.26% to 0.60934
• USDJPY increased 0.407 or 0.27% to 150.517
• USDCNY increased 0.00009 or 0.00% to 7.20879

The above data was collected around 13:29 EST.

Precious Metals:

• Gold increased 33.71 USD/t oz. or 1.62% to 2,117.10
• Silver increased 0.643 USD/t. oz or 2.78% to 23.791

The above data was collected around 13:31 EST.

EUROPE/EMEA:

The major Europe stock markets had a mixed day today:

• CAC 40 increased 22.24 points or 0.28% to 7,956.41
• FTSE 100 decreased 42.17 points or -0.55% to 7,640.33
• DAX 30 decreased 18.90 points or -0.11% to 17.716.17

The major Europe currency markets had a green day today:

• EURUSD increased 0.00199 or 0.18% to 1.08569
• GBPUSD increased 0.00414 or 0.33% to 1.26914
• USDCHF increased 0.0013 or 0.15% to 0.88460

The above data was collected around 13:35 EST.

US/AMERICAS:

US Market Closings:

• Dow declined 97.55 points or -0.25% to 38,989.83
• S&P 500 declined 6.13 points or -0.12% to 5,130.95
• Nasdaq declined 67.43 points or -0.41% to 16,207.51
• Russell 2000 declined 2.09 points or -0.1% to 2,074.31

Canada Market Closings:

• TSX Composite declined 21.28 points -0.1% to 21,531.07
• TSX 60 declined 2.88 points or -0.22% to 1,297.85

Brazil Market Closing:

• Bovespa declined 827.81 points or -0.64% to 128,352.56

ENERGY:

The oil markets had a mixed day today:

• Crude Oil decreased 1.318 USD/BBL or -1.65% to 78.652
• Brent decreased 0.951 USD/BBL or -1.14% to 82.599
• Natural gas increased 0.1041 USD/MMBtu or 5.67% to 1.9391
• Gasoline decreased 0.039 USD/GAL or -1.49% to 2.5754
• Heating oil decreased 0.0599 USD/GAL or -2.22% to 2.6443

The above data was collected around 13:37 EST.

• Top commodity gainers: Natural Gas (5.67%), Lithium (3.83%), Silver (2.78%) and Coffee (3.85%)
• Top commodity losers: Heating Oil (-2.22%), Oat (-1.92%), Sugar (-2.37%) and Lean Hogs (-2.00%)

The above data was collected around 13:44 EST.

BONDS:

Japan 0.713% (-0.3bp), US 2’s 4.61% (+0.079%) , US 10’s 4.2268% (+4.48bps); US 30’s 4.36% (+0.035%), Bunds 2.407% (-0.5bp), France 2.878% (-3.1bp), Italy 3.823% (-7.3bp), Turkey 26.19% (+53bp), Greece 3.418% (-2.7bp), Portugal 3.051% (-1.8bp); Spain 3.277% (-3.8bp) and UK Gilts 4.124% (+0.5bp)

The above data was collected around 13:48 EST.