Market Talk – May 10, 2024

ASIA:

The major Asian stock markets had a green day today:

• NIKKEI 225 increased 155.13 points or 0.41% to 38,229.11
• Shanghai increased 0.23 points or 0.01% to 3,154.55
• Hang Seng increased 425.87 points or 2.30% to 18,963.68
• ASX 200 increased 27.40 points or 0.35% to 7,749.00
• Kospi increased 15.49 points or 0.57% to 2,727.63
• SENSEX increased 260.30 points or 0.36% to 72,664.47
• Nifty50 increased 97.70 points or 0.44% to 22,055.20

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00125 or -0.19% to 0.66043
• NZDUSD decreased 0.00167 or -0.28% to 0.60183
• USDJPY increased 0.398 or 0.26% to 155.791
• USDCNY increased 0.01289 or 0.18% to 7.23363

The above data was collected around 13:26 EST.

Precious Metals:

• Gold increased 21.73 USD/t oz. or 0.93% to 2,368.24
• Silver decreased 0.045 USD/t. oz. or -0.16% to 28.295

The above data was collected around 13:30 EST.

EUROPE/EMEA:

The major Europe stock markets had a green day today:

• CAC 40 increased 31.49 points or 0.38% to 8,219.14
• FTSE 100 increased 52.41 points or 0.63% to 8,433.76
• DAX 30 increased 86.25 points or 0.46% to 18,772.85

The major Europe currency markets had a mixed day today:

• EURUSD decreased 0.00048 or -0.04% to 1.07766
• GBPUSD increased 0.00086 or 0.07% to 1.25333
• USDCHF decreased 0.00021 or -0.02% to 0.90570

The above data was collected around 13:38 EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 125.08 points or 0.32% to 39,512.84
• S&P 500 advanced  8.6 points or 0.16% to 5,222.68
• Nasdaq declined 5.4 points or -0.03% to 16,340.87
• Russell 2000 declined 13.85 points or -0.67% to 2,059.75

Canada Market Closings:

• TSX Composite declined 66.9 points or -0.3% to 22,308.93
• TSX 60 declined 3.82 points or -0.29% to 1,336.53

Brazil Market Closing:

• Bovespa declined 558.7 points or -0.44% to 127,629.64

ENERGY:

The oil markets had a negative day today:

• Crude Oil decreased 1.029 USD/BBL or -1.30% to 78.231
• Brent decreased 1.017 USD/BBL or -1.21% to 82.863
• Natural gas decreased 0.044 USD/MMBtu or -1.91% to 2.2570
• Gasoline decreased 0.0494 USD/GAL or -1.94% to 2.4990
• Heating oil decreased 0.037 USD/GAL or -1.49% to 2.4437

The above data was collected around 13:43 EST.

• Top commodity gainers: Potatoes (2.31%), Cocoa (12.03%), Rice (2.73%) and Wheat (3.58%)
• Top commodity losers: Cotton (-1.93%), Gasoline (-1.94%), Cheese (-7.29%) and Natural Gas (-1.91%)

The above data was collected around 13:48 EST.

BONDS:

Japan 0.909% (-0.4bp), US 2’s 4.87% (+0.044%) , US 10’s 4.502% (+3.71bps); US 30’s 4.65% (+0.036%), Bunds 2.515% (+3.2bp), France 3.02% (+1.8bp), Italy 3.863% (+3.3bp), Turkey 27.300% (-30.5bp), Greece 3.532% (+0.4bp), Portugal 3.148% (+3.1bp); Spain 3.308% (+4.2bp) and UK Gilts 4.173% (+3.03bp)

The above data was collected around 13:54 EST.