Market Talk – May 7, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 increased 599.03 points or 1.57% to 38,835.10
• Shanghai increased 7.02 points or 0.22% to 3,147.74
• Hang Seng decreased 98.93 points or -0.53% to 18,479.37
• ASX 200 increased 110.90 points or 1.44% to 7,793.30
• Kospi increased 57.73 points or 2.16% to 2,734.36
• SENSEX decreased 383.69 points or -0.52% to 73,511.85
• Nifty50 decreased 140.20 points or -0.62% to 22,302.50

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00212 or -0.32% to 0.66022
• NZDUSD decreased 0.00006 or -0.01% to 0.60082
• USDJPY increased 0.302 or 0.20% to 154.542
• USDCNY increased 0.0066 or 0.09% to 7.22387

The above data was collected around 12:47 EST.

Precious Metals:

• Gold decreased 11.96 USD/t oz. or -0.51% to 2,314.02
• Silver decreased 0.142 USD/t. oz. or -0.52% to 27.310

The above data was collected around 12:50 EST.

EUROPE/EMEA:

The major Europe stock markets had a green day today:

• CAC 40 increased 79.04 points or 0.99% to 8,075.68
• FTSE 100 increased 100.18 points or 1.22% to 8,313.67
• DAX 30 increased 254.84 points or 1.40% to 18,430.05

The major Europe currency markets had a mixed day today:

• EURUSD increased 0.00041 or 0.04% to 1.07713
• GBPUSD decreased 0.00293 or -0.23% to 1.25299
• USDCHF increased 0.00097 or 0.11% to 0.90772

The above data was collected around 12:54 EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 31.99 points or 0.08% to 38,884.26
• S&P 500 advanced 6.96 points or 0.13% to 5,187.7
• Nasdaq declined 16.69 points or -0.1% to 16,332.56
• Russell 2000 advanced 3.97 points or 0.19% to 2,064.64

Canada Market Closings:

• TSX Composite advanced 31.15 points or -.14% to 22,290.62
• TSX 60 advanced 2.06 points or 0.15% to 1,336.36

Brazil Market Closing:

• Bovespa advanced 707.75 points or 0.55% to 1129,173.44

ENERGY:

The oil markets had a mixed day today:

• Crude Oil increased 0.213 USD/BBL or 0.27% to 78.693
• Brent increased 0.124 USD/BBL or 0.15% to 83.454
• Natural gas increased 0.0063 USD/MMBtu or 0.29% to 2.2013
• Gasoline decreased 0.0366 USD/GAL or -1.41% to 2.5527
• Heating oil increased 0.0013 USD/GAL or 0.05% to 2.4714

The above data was collected around 12:57 EST.

• Top commodity gainers: Soybeans (6.78%), Sugar (2.48%), Potatoes (7.14%) and Cocoa (13.24%)
• Top commodity losers: Gasoline (-1.41%), Corn (-2.89%), Cheese (-5.57%) and Wheat (-3.54%)

The above data was collected around 13:08 EST.

BONDS:

Japan 0.872% (-3.4bp), US 2’s 4.82% (-0.019%) , US 10’s 4.446% (-4.75bps); US 30’s 4.59% (-0.046%), Bunds 2.4235% (-3.8bp), France 2.917% (-5.6bp), Italy 3.763% (-3.9bp), Turkey 28.785% (-24.5bp), Greece 3.428% (-1.4bp), Portugal 3.072% (-1.8bp); Spain 3.211% (-2bp) and UK Gilts 4.133% (-9.43bp)

The above data was collected around 13:17 EST.