Market Talk – March 21, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 increased 812.06 points or 2.03% to 40,815.66
• Shanghai decreased 2.57 points or -0.08% to 3,077.11
• Hang Seng increased 320.03 points or 1.93% to 16,863.10
• ASX 200 increased 86.20 points or 1.12% to 7,782.00
• Kospi increased 64.72 points or 2.41% to 2,754.86
• SENSEX increased 539.50 points or 0.75% to 72,641.19
• Nifty50 increased 172.85 points or 0.79% to 22,011.95

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.0016 or -0.24% to 0.65690
• NZDUSD decreased 0.00294 or -0.48% to 0.60506
• USDJPY increased 0.317 or 0.21% to 151.567
• USDCNY increased 0.01147 or 0.16% to 7.22177

The above data was collected around 11:17 EST.

Precious Metals:

• Gold decreased 14.03 USD/t oz. or -0.64% to 2,171.93
• Silver decreased 0.787 USD/t. oz or -3.07% to 24.828

The above data was collected around 11:21 EST.

EUROPE/EMEA:

The major Europe stock markets had a green day today:

• CAC 40 increased 18.31 points or 0.22% to 8,179.72
• FTSE 100 increased 145.17 points or 1.88% to 7,882.55
• DAX 30 increased 164.12 points or 0.91% to 18.179.25

The major Europe currency markets had a mixed day today:

• EURUSD decreased 0.00526 or -0.48% to 1.08654
• GBPUSD decreased 0.01166 or -0.91% to 1.26674
• USDCHF increased 0.01209 or 1.36% to 0.89889

The above data was collected around 11:23 EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 269.24 points or 0.68% to 39,781.37
• S&P 500 advanced 16.91 points or 0.32% to 5,241.53
• Nasdaq advanced 32.43 points or 0.2% to 16,401.84
• Russell 2000 advanced 23.68 points or 1.14% to 2,098.56

Canada Market Closings:

• TSX Composite advanced 41.55 points or 0.19% to 22,087.26
• TSX 60 advanced 2.55 points or 0.19% to 1,330.38

Brazil Market Closing:

• Bovespa declined 954.01 points or -0.74% to 128,170.82

ENERGY:

The oil markets had a negative day today:

• Crude Oil decreased 0.692 USD/BBL or -0.85% to 80.578
• Brent decreased 0.519 USD/BBL or -0.60% to 85.430
• Natural gas decreased 0.0297 USD/MMBtu or -1.75% to 1.6693
• Gasoline decreased 0.0142 USD/GAL or -0.52% to 2.7190
• Heating oil decreased 0.0455 USD/GAL or -1.69% to 2.6502

The above data was collected around 11:27 EST.

• Top commodity gainers: Orange Juice (3.84%), Aluminum (1.76%), Cocoa (1.75%) and Zinc (1.69%)
• Top commodity losers: Palladium (-2.33%), Rubber (-2.21%), Potatoes (-2.78%) and Silver (-3.07%)

The above data was collected around 11:34 EST.

BONDS:

Japan 0.736% (+1.1bp), US 2’s 4.63% (+0.038%) , US 10’s 4.2820% (+1.4bps); US 30’s 4.45% (-0.001%), Bunds 2.4095% (-1.85bp), France 2.852% (-2.2bp), Italy 3.677% (-3.3bp), Turkey 24.76% (-69bp), Greece 3.278% (-2.2bp), Portugal 3.035% (-3.5bp); Spain 3.212% (-2.3bp) and UK Gilts 4.027% (-1.6bp)

The above data was collected around 11:43 EST.