Market Talk – March 7, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 492.07 points or -1.23% to 39,598.71
• Shanghai decreased 12.53 points or -0.41% to 3,027.40
• Hang Seng decreased 208.31 points or -1.27% to 16,229.78
• ASX 200 increased 30.20 points or 0.39% to 7,763.70
• Kospi increased 6.13 points or 0.23% to 2,647.62
• SENSEX increased 33.40 points or 0.05% to 74,119.39
• Nifty50 increased 19.50 points or 0.09% to 22,493.55

The major Asian currency markets had a mixed day today:

• AUDUSD increased 0.00509 or 0.78% to 0.66139
• NZDUSD increased 0.004 or 0.65% to 0.61680
• USDJPY decreased 1.199 or -0.80% to 148.171
• USDCNY decreased 0.00727 or -0.10% to 7.20233

The above data was collected around 12:43 EST.

Precious Metals:

• Gold increased 7.14 USD/t oz. or 0.33% to 2,155.43
• Silver increased 0.188 USD/t. oz or 0.78% to 24.350

The above data was collected around 12:46 EST.

EUROPE/EMEA:

The major Europe stock markets had a green day today:

• CAC 40 increased 61.48 points or 0.77% to 8,016.22
• FTSE 100 increased 13.15 points or 0.17% to 7,692.46
• DAX 30 increased 126.14 points or 0.71% to 17.842.85

The major Europe currency markets had a mixed day today:

• EURUSD increased 0.00416 or 0.38% to 1.09386
• GBPUSD increased 0.00641 or 0.50% to 1.27931
• USDCHF decreased 0.00347 or -0.39% to 0.87843

The above data was collected around 13:01 EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 130.3 points or 0.34% to 38,791.35
• S&P 500 advanced 52.6 points or 1.03% to 5,157.36
• Nasdaq advanced 241.83 points or 1.51% to 16,273.38
• Russell 2000 advanced 16.65 points or 0.81% to 2,084.74

Canada Market Closings:

• TSX Composite  advanced 200.6 points or 0.93% to 21,794.56
• TSX 60 advanced 12.2 points or 0.94% to 1,314.47

Brazil Market Closing:

• Bovespa declined 532.47 points or -0.41% to 128,357.76

ENERGY:

The oil markets had a mixed day today:

• Crude Oil increased 0.185 USD/BBL or 0.23% to 79.316
• Brent increased 0.306 USD/BBL or 0.37% to 83.266
• Natural gas decreased 0.0802 USD/MMBtu or -4.16% to 1.8488
• Gasoline increased 0.0268 USD/GAL or 1.05% to 2.5807
• Heating oil increased 0.047 USD/GAL or 1.76% to 2.7103

The above data was collected around 13:04 EST.

• Top commodity gainers: Heating Oil (1.76%), HRC Steel (7.00%), Corn (4.06%) and Zinc (1.46%)
• Top commodity losers: Orange Juice (-4.29%), Cocoa (-2.37%), Natural Gas (-4.16%) and Soda Ash (-2.38%)

The above data was collected around 13:12 EST.

BONDS:

Japan 0.736% (+2.1bp), US 2’s 4.52% (-0.038%) , US 10’s 4.1156% (+1.16bps); US 30’s 4.27% (+0.031%), Bunds 2.312% (-1.8bp), France 2.753% (-3.3bp), Italy 3.63% (-3.1bp), Turkey 26.26% (+7bp), Greece 3.254% (-4.2bp), Portugal 2.985% (-0.9bp); Spain 3.124% (-3.5bp) and UK Gilts 4.008% (+1.4bp)

The above data was collected around 13:21 EST.