Market Talk – May 6, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 closed
• Shanghai increased 35.90 points or 1.16% to 3,140.72
• Hang Seng increased 102.38 points or 0.55% to 18,578.30
• ASX 200 increased 53.40 points or 0.70% to 7,682.40
• Kospi closed
• SENSEX increased 17.39 points or 0.02% to 73,895.54
• Nifty50 decreased 33.15 points or -0.15% to 22,442.70

The major Asian currency markets had a green day today:

• AUDUSD increased 0.00164 or 0.25% to 0.66256
• NZDUSD increased 0.00008 or 0.01% to 0.60106
• USDJPY increased 0.899 or 0.59% to 153.897
• USDCNY increased 0.02101 or 0.29% to 7.21387

The above data was collected around 12:56 EST.

Precious Metals:

• Gold increased 23.71 USD/t oz. or 1.03% to 2,325.01
• Silver increased 0.837 USD/t. oz. or 3.15% to 27.383

The above data was collected around 12:59 EST.

EUROPE/EMEA:

The major Europe stock markets had a green day today:

• CAC 40 increased 39.07 points or 0.49% to 7,996.64
• FTSE 100 closed
• DAX 30 increased 173.61 points or 0.96% to 18,175.21

The major Europe currency markets had a green day today:

• EURUSD increased 0.00146 or 0.14% to 1.07762
• GBPUSD increased 0.00231 or 0.18% to 1.25687
• USDCHF increased 0.00089 or 0.10% to 0.90589

The above data was collected around 13:07 EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 176.59 points or 0.46% to 38,852.27
• S&P 500 advanced 52.95 points or 1.03% to 5,180.74
• Nasdaq advanced 192.92 points or 1.19% to 16,349.25
• Russell 2000 advanced 24.96 points or 1.23% to 2,060.68

Canada Market Closings:

• TSX Composite advanced 312.06 points or 1.42% to 22,259.47
• TSX 60 advanced 18.47 points or 1.4% to 1,334.3

Brazil Market Closing:

• Bovespa declined 35.15 points or -0.03% to 128,473.52

ENERGY:

The oil markets had a green day today:

• Crude Oil increased 0.104 USD/BBL or 0.13% to 78.214
• Brent increased 0.046 USD/BBL or 0.06% to 83.006
• Natural gas increased 0.0995 USD/MMBtu or 4.65% to 2.2415
• Gasoline increased 0.0183 USD/GAL or 0.72% to 2.5751
• Heating oil increased 0.0165 USD/GAL or 0.68% to 2.4565

The above data was collected around 13:09 EST.

• Top commodity gainers: Natural Gas (4.65%), Silver (3.15%), Palladium (3.63%) and Rapeseed (2.33%)
• Top commodity losers: HRC Steel (-4.18%), Coffee (-3.54%), Cheese (-3.62%) and Cocoa (-10.01%)

The above data was collected around 13:20 EST.

BONDS:

Japan 0.906% (-0.01bp), US 2’s 4.82% (-0.007%) , US 10’s 4.493% (-0.45bps); US 30’s 4.65% (-0.023%), Bunds 2.4615% (-2.95bp), France 2.973% (-1.9bp), Italy 3.802% (+0.4bp), Turkey 29.03% (+194bp), Greece 3.442% (-5bp), Portugal 3.092% (-2bp); Spain 3.234% (-1.75bp) and UK Gilts 4.227% (-0.03bp)

The above data was collected around 13:24 EST.