Market Talk – May 9, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 128.39 points or -0.34% to 38,073.98
• Shanghai increased 25.84 points or 0.83% to 3,154.32
• Hang Seng increased 223.95 points or 1.22% to 18,537.81
• ASX 200 decreased 82.90 points or -1.06% to 7,721.60
• Kospi decreased 32.91 points or -1.20% to 2,712.14
• SENSEX decreased 1,062.22 points or -1.45% to 72,404.17
• Nifty50 decreased 345.00 points or -1.55% to 21,957.50

The major Asian currency markets had a mixed day today:

• AUDUSD increased 0.003 or 0.46% to 0.66076
• NZDUSD increased 0.00168 or 0.28% to 0.60207
• USDJPY increased 0.291 or 0.19% to 155.647
• USDCNY decreased 0.00314 or -0.04% to 7.22454

The above data was collected around 11:38 EST.

Precious Metals:

• Gold increased 22.87 USD/t oz. or 0.99% to 2,331.68
• Silver increased 0.768 USD/t. oz. or 2.81% to 28.083

The above data was collected around 11:40 EST.

EUROPE/EMEA:

The major Europe stock markets had a green day today:

• CAC 40 increased 56.24 points or 0.69% to 8,187.65
• FTSE 100 increased 27.30 points or 0.33% to 8,381.35
• DAX 30 increased 188.22 points or 1.02% to 18,686.60

The major Europe currency markets had a mixed day today:

• EURUSD increased 0.00294 or 0.27% to 1.07758
• GBPUSD increased 0.00179 or 0.14% to 1.25108
• USDCHF decreased 0.00093 or -0.10% to 0.90697

The above data was collected around 11:41 EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 331.37 points or 0.85% to 39,387.76
• S&P 500 advanced 26.41 points or 0.51% to 5,214.08
• Nasdaq advanced 43.51 points or 0.27% to 16,346.26
• Russell 2000 advanced 18.5 points or 0.9% to 2,073.63

Canada Market Closings:

• TSX Composite advanced 116.67 points or 0.52% to 22,375.83
• TSX 60 advanced 6.71 points or 0.5% to 1,340.35

Brazil Market Closing:

• Bovespa declined 1,258.22 points or -0.97% to 128,221.67

ENERGY:

The oil markets had a mixed day today:

• Crude Oil decreased 0.025 USD/BBL or -0.03% to 78.965
• Brent increased 0.004 USD/BBL or 0.01% to 83.584
• Natural gas increased 0.0979 USD/MMBtu or 4.48% to 2.2849
• Gasoline increased 0.0027 USD/GAL or 0.11% to 2.5432
• Heating oil decreased 0.0067 USD/GAL or -0.27% to 2.4759

The above data was collected around 11:43 EST.

• Top commodity gainers: Natural Gas (4.48%), Silver (2.81%), Rice (1.73%) and Wheat (1.32%)
• Top commodity losers: Cotton (-1.55%), Corn (-3.50%), Cheese (-6.95%) and Cocoa (-2.65%)

The above data was collected around 11:48 EST.

BONDS:

Japan 0.913% (+2.98bp), US 2’s 4.83% (-0.017%) , US 10’s 4.487% (-0.54bps); US 30’s 4.65% (+0.008%), Bunds 2.4925% (+2.8bp), France 2.999% (+4bp), Italy 3.835% (+3.9bp), Turkey 27.655% (-73bp), Greece 3.528% (+5.4bp), Portugal 3.131% (+3.2bp); Spain 3.282% (+3.3bp) and UK Gilts 4.139% (-0.4bp)

The above data was collected around 11:52 EST.