Market Talk – March 6, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 6.85 points or -0.02% to 40,090.78
• Shanghai decreased 7.86 points or -0.26% to 3,039.93
• Hang Seng increased 275.45 points or 1.70% to 16,438.09
• ASX 200 increased 9.30 points or 0.12% to 7,733.50
• Kospi decreased 7.91 points or -0.30% to 2,641.49
• SENSEX increased 408.86 points or 0.55% to 74,085.99
• Nifty50 increased 117.75 points or 0.53% to 22,474.05

The major Asian currency markets had a mixed day today:

• AUDUSD increased 0.00766 or 1.18% to 0.65796
• NZDUSD increased 0.00567 or 0.93% to 0.61417
• USDJPY decreased 0.907 or -0.60% to 149.133
• USDCNY decreased 0.00331 or -0.05% to 7.20739

The above data was collected around 11:57 EST.

Precious Metals:

• Gold increased 20.74 USD/t oz. or 0.98% to 2,148.29
• Silver increased 0.519 USD/t. oz or 2.19% to 24.197

The above data was collected around 12:00 EST.

EUROPE/EMEA:

The major Europe stock markets had a green day today:

• CAC 40 increased 21.92 points or 0.28% to 7,954.74
• FTSE 100 increased 33.15 points or 0.43% to 7,679.31
• DAX 30 increased 18.31 points or 0.10% to 17.716.71

The major Europe currency markets had a mixed day today:

• EURUSD increased 0.00558 or 0.51% to 1.09108
• GBPUSD increased 0.0054 or 0.43% to 1.27570
• USDCHF decreased 0.00227 or -0.26% to 0.88093

The above data was collected around 12:03 EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 75.86 points or 0.2% to 38,661.05
• S&P 500 advanced  26.11 points or 0.51% to 5,104.76
• Nasdaq advanced 91.96 points or 0.58% to 16,031.54
• Russell 2000 advanced 14.38 points or 0.7% to 2,068.08

Canada Market Closings:

• TSX Composite advanced 68.03 points or 0.32% to 21,593.96
• TSX 60 advanced 3.13 points or 0.24% to 1,302.27

Brazil Market Closing:

• Bovespa advanced 717.75 points or 0.56% to 128,815.86

ENERGY:

The oil markets had a mixed day today:

• Crude Oil increased 1.606 USD/BBL or 2.06% to 79.756
• Brent increased 1.422 USD/BBL or 1.73% to 83.462
• Natural gas decreased 0.0207 USD/MMBtu or -1.06% to 1.9363
• Gasoline increased 0.0341 USD/GAL or 1.35% to 2.5669
• Heating oil increased 0.0565 USD/GAL or 2.17% to 2.6630

The above data was collected around 12:06 EST.

• Top commodity gainers: Platinum (3.36%), HRC Steel (3.62%), Orange Juice (6.12%) and Palladium (9.71%)
• Top commodity losers: Wheat (-4.99%), Oat (-2.48%), Rice (-2.31%) and Soda Ash (-2.33%)

The above data was collected around 12:17 EST.

BONDS:

Japan 0.725% (+2.3bp), US 2’s 4.54% (-0.011%) , US 10’s 4.102% (-3.5bps); US 30’s 4.25% (-0.024%), Bunds 2.329% (+0.9bp), France 2.781% (-1bp), Italy 3.657% (-5.4bp), Turkey 26.19% (-44bp), Greece 3.268% (-4.9bp), Portugal 3.001% (+5.6bp); Spain 3.157% (-2.1bp) and UK Gilts 3.994% (-1.7bp)

The above data was collected around 12:21 EST.