Market Talk – March 12, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 22.98 points or -0.06% to 38,797.51
• Shanghai decreased 12.52 points or -0.41% to 3,055.93
• Hang Seng increased 505.93 points or 3.05% to 17,093.50
• ASX 200 increased 8.30 points or 0.11% to 7,712.50
• Kospi increased 21.97 points or 0.83% to 2,681.81
• SENSEX increased 165.32 points or 0.22% to 73,667.96
• Nifty50 increased 3.05 points or 0.01% to 22,335.70

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00175 or -0.26% to 0.65965
• NZDUSD decreased 0.00224 or -0.36% to 0.61446
• USDJPY increased 0.814 or 0.55% to 147.754
• USDCNY increased 0.00878 or 0.12% to 7.18818

The above data was collected around 12:10 EST.

Precious Metals:

• Gold decreased 19.74 USD/t oz. or -0.90% to 2,162.73
• Silver decreased 0.202 USD/t. oz or -0.83% to 24.218

The above data was collected around 12:15 EST.

EUROPE/EMEA:

The major Europe stock markets had a green day today:

• CAC 40 increased 72.65 points or 0.91% to 8,092.38
• FTSE 100 increased 78.22 points or 1.02% to 7,747.45
• DAX 30 increased 223.21 points or 1.26% to 17.969.48

The major Europe currency markets had a mixed day today:

• EURUSD decreased 0.0008 or -0.07% to 1.09180
• GBPUSD decreased 0.00292 or -0.23% to 1.27828
• USDCHF increased 0.00074 or 0.08% to 0.87824

The above data was collected around 12:17 EST.

US Market Closings:

• Dow advanced 235.83 points or 0.61% to 39,005.49
• S&P 500 advanced 57.33 points or 1.12% to 5,175.27
• Nasdaq advanced 246.36 points or 1.54% to 16,265.64
• Russell 2000 declined 0.4 of a point or -0.02% to 2,065.48

Canada Market Closings:

• TSX Composite advanced 61.8 points or 0.28% to 21,831.02
• TSX 60 advanced 4.44 points or 0.34% to 1,318.28

Brazil Market Closing:

• Bovespa advanced 1,703.25 points or 1.35% to 127,826.81

ENERGY:

The oil markets had a mixed day today:

• Crude Oil increased 0.496 USD/BBL or 0.64% to 78.426
• Brent increased 0.356 USD/BBL or 0.43% to 82.566
• Natural gas decreased 0.0389 USD/MMBtu or -2.21% to 1.7201
• Gasoline increased 0.0136 USD/GAL or 0.53% to 2.5941
• Heating oil decreased 0.017 USD/GAL or -0.64% to 2.6348

The above data was collected around 12:19 EST.

• Top commodity gainers: Coffee (1.83%), Rapeseed (2.73%), Cocoa (8.80%) and Lean Hogs (2.31%)
• Top commodity losers: Oat (-2.27%), Platinum (-1.01%), Gold (-0.90%) and Natural Gas (-2.21%)

The above data was collected around 12:25 EST.

BONDS:

Japan 0.771% (+0.7bp), US 2’s 4.59% (+0.059%) , US 10’s 4.1527% (+4.87bps); US 30’s 4.31% (+0.035%), Bunds 2.326% (+2.8bp), France 2.773% (+1.5bp), Italy 3.604% (-2.4bp), Turkey 25.37% (-51bp), Greece 3.195% (-1.9bp), Portugal 2.968% (-0.1bp); Spain 3.134% (+0.7bp) and UK Gilts 3.942% (-3.2bp)

The above data was collected around 12:31 EST.