Market Talk – March 18, 2024

ASIA:

The major Asian stock markets had a green day today:

• NIKKEI 225 increased 1,032.80 points or 2.67% to 39,740.44
• Shanghai increased 30.29 points or 0.99% to 3,084.93
• Hang Seng increased 16.23 points or 0.10% to 16,737.12
• ASX 200 increased 5.50 points or 0.07% to 7,675.80
• Kospi increased 19.00 points or 0.71% to 2,685.84
• SENSEX increased 104.99 points or 0.14% to 72,748.42
• Nifty50 increased 32.35 points or 0.15% to 22,055.70

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00058 or -0.09% to 0.65542
• NZDUSD decreased 0.00003 or -0.00% to 0.60797
• USDJPY increased 0.085 or 0.06% to 149.105
• USDCNY increased 0.00246 or 0.03% to 7.20786

The above data was collected around 14:00 EST.

Precious Metals:

• Gold increased 4.01 USD/t oz. or 0.19% to 2,159.55
• Silver decreased 0.096 USD/t. oz or -0.38% to 25.066

The above data was collected around 14:03 EST.

EUROPE/EMEA:

The major Europe stock markets had a negative day today:

• CAC 40 decreased 16.21 points or -0.20% to 8,148.14
• FTSE 100 decreased 4.87 points or -0.06% to 7,722.55
• DAX 30 decreased 3.97 points or -0.02% to 17.932.68

The major Europe currency markets had a mixed day today:

• EURUSD decreased 0.00189 or -0.17% to 1.08681
• GBPUSD decreased 0.0016 or -0.13% to 1.27230
• USDCHF increased 0.00446 or 0.50% to 0.88796

The above data was collected around 14:10 EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 75.66 points or 0.2% to 38,790.43
• S&P 500  advanced 32.33 points or 0.63% to 5,149.42
• Nasdaq  advanced 130.27 points or 0.82% to 16,103.45
• Russell 2000 declined 14.59 points or -0.72% to 2,024.74

Canada Market Closings:

• TSX Composite declined 11.97 points or -0.05% to 21,837.18
• TSX 60 declined 1.67 points or -0.13% to 1,315.54

Brazil Market Closing:

• Bovespa  advanced 212.37 points or 0.17% to 16,954.18

ENERGY:

The oil markets had a green day today:

• Crude Oil increased 1.627 USD/BBL or 2.01% to 82.667
• Brent increased 1.52 USD/BBL or 1.78% to 86.860
• Natural gas increased 0.0641 USD/MMBtu or 3.87% to 1.7191
• Gasoline increased 0.0372 USD/GAL or 1.37% to 2.7580
• Heating oil increased 0.0616 USD/GAL or 2.26% to 2.7886

The above data was collected around 14:15 EST.

• Top commodity gainers: Natural Gas (3.87%), Cocoa (3.18%), Rubber (3.34%) and Bitumen (2.66%)
• Top commodity losers: Oat (-1.92%), Platinum (-1.83%), Orange Juice (-2.70%) and Palladium (-4.26%)

The above data was collected around 14:23 EST.

BONDS:

Japan 0.754% (-3.1bp), US 2’s 4.74% (+0.019%) , US 10’s 4.344% (+4bps); US 30’s 4.47% (+0.038%), Bunds 2.459% (+2.3bp), France 2.889% (+1.3bp), Italy 3.683% (-1.2bp), Turkey 25.41% (+2bp), Greece 3.262% (-6.2bp), Portugal 3.086% (+0.7bp); Spain 3.245% (+0.8bp) and UK Gilts 4.128% (+2.5bp)