Market Talk – March 11, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 868.45 points or -2.19% to 38,820.49
• Shanghai increased 22.44 points or 0.74% to 3,068.46
• Hang Seng increased 234.18 points or 1.43% to 16,587.57
• ASX 200 decreased 142.80 points or -1.82% to 7,704.20
• Kospi decreased 20.51 points or -0.77% to 2,659.84
• SENSEX decreased 616.75 points or -0.83% to 73,502.64
• Nifty50 decreased 160.90 points or -0.72% to 22,332.65

The major Asian currency markets had a negative day today:

• AUDUSD decreased 0.00187 or -0.28% to 0.66083
• NZDUSD decreased 0.00069 or -0.11% to 0.61661
• USDJPY decreased 0.056 or -0.04% to 147.014
• USDCNY decreased 0.01809 or -0.25% to 7.18171

The above data was collected around 14:49 EST.

Precious Metals:

• Gold increased 0.38 USD/t oz. or 0.02% to 2,177.89
• Silver increased 0.100 USD/t. oz or 0.41% to 24.406

The above data was collected around 14:51 EST.

EUROPE/EMEA:

The major Europe stock markets had a mixed day today:

• CAC 40 decreased 8.28 points or -0.10% to 8,019.73
• FTSE 100 increased 9.49 points or 0.12% to 7,669.23
• DAX 30 decreased 68.24 points or -0.38% to 17.746.27

The major Europe currency markets had a mixed day today:

• EURUSD decreased 0.0012 or -0.11% to 1.09250
• GBPUSD decreased 0.00491 or -0.38% to 1.28079
• USDCHF increased 0.0007 or 0.08% to 0.87820

The above data was collected around 14:57 EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 46.97 points or 0.12% to 38,369.66
• S&P 500 declined 5.75 points or -0.11% to 5,117.94
• Nasdaq declined 65.84 points or -0.41% to 16,019.27
• Russell 2000 declined 16.83 points or -0.81% to 2,065.88

Canada Market Closings:

• TSX Composite advanced 31.69 points or 0.15% to 21,769.22
• TSX 60  advanced 1.95 points or 0.15% to 1,313.84

Brazil Market Closing:

• Bovespa declined 947.23 points or -0.75% to 126,123.56

ENERGY:

The oil markets had a mixed day today:

• Crude Oil increased 0.03 USD/BBL or 0.04% to 78.040
• Brent increased 0.207 USD/BBL or 0.25% to 82.287
• Natural gas decreased 0.0394 USD/MMBtu or -2.18% to 1.7656
• Gasoline increased 0.063 USD/GAL or 2.49% to 2.5902
• Heating oil increased 0.0193 USD/GAL or 0.73% to 2.6602

The above data was collected around 15:01 EST.

• Top commodity gainers: Gasoline (2.49%), Platinum (2.40%), Cocoa (5.79%) and Sugar (3.78%)
• Top commodity losers: Lean Hogs (-1.30%), Steel (-1.54%), Coal (-1.23%) and Natural Gas (-2.18%)

The above data was collected around 15:09 EST.

BONDS:

Japan 0.764% (+2.9bp), US 2’s 4.53% (+0.048%) , US 10’s 4.0982% (+1.02bps); US 30’s 4.27% (+0.005%), Bunds 2.301% (+3.3bp), France 2.76% (+4bp), Italy 3.631% (+5bp), Turkey 25.88% (-46bp), Greece 3.229% (+4.4bp), Portugal 2.989% (+5.9bp); Spain 3.132% (+5.1bp) and UK Gilts 3.97% (-0.9bp)

The above data was collected around 15:12 EST.