Market Talk – May 16, 2024

ASIA:

The major Asian stock markets had a green day today:

• NIKKEI 225 increased 534.53 points or 1.39% to 38,920.26
• Shanghai increased 2.50 points or 0.08% to 3,122.40
• Hang Seng increased 302.82 points or 1.59% to 19,376.53
• ASX 200 increased 127.60 points or 1.65% to 7,881.30
• Kospi increased 22.66 points or 0.83% to 2,753.00
• SENSEX increased 676.69 points or 0.93% to 73,663.72
• Nifty50 increased 203.30 points or 0.92% to 22,403.85

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00251 or -0.37% to 0.66747
• NZDUSD decreased 0.00117 or -0.19% to 0.61172
• USDJPY increased 0.999 or 0.65% to 155.297
• USDCNY increased 0.01487 or 0.21% to 7.22506

The above data was collected around 14:18 EST.

Precious Metals:

• Gold decreased 13.03 USD/t oz. or -0.54% to 2,378.79
• Silver decreased 0.119 USD/t. oz. or -0.40% to 29.613

The above data was collected around 14:21 EST.

EUROPE/EMEA:

The major Europe stock markets had a negative day today:

• CAC 40 decreased 51.50 points or -0.63% to 8,188.49
• FTSE 100 decreased 7.15 points or -0.08% to 8,438.65
• DAX 30 decreased 130.55 points or -0.69% to 18,738.81

The major Europe currency markets had a mixed day today:

• EURUSD decreased 0.00204 or -0.19% to 1.08679
• GBPUSD decreased 0.00184 or -0.15% to 1.26702
• USDCHF increased 0.00461 or 0.51% to 0.90526

The above data was collected around 14:27 EST.

US/AMERICAS:

US Market Closings:

• Dow declined 38.62 points or -0.1% to 39,869.38
• S&P 500 declined 11.05 points or -0.21% to 5,297.1
• Nasdaq declined 44.07 points or -0.26% to 16,698.32
• Russell 2000 declined 13.41 points or -0.64% to 2,096.05

Canada Market Closings:

• TSX Composite advanced 15.07 points or 0.07% to 22,299.83
• TSX 60 advanced 0.49 points or 0.04% to 1,333.36

Brazil Market Closing:

• Bovespa advanced 254.88 points or 0.2% to 128,282.47

ENERGY:

The oil markets had a green day today:

• Crude Oil increased 0.717 USD/BBL or 0.91% to 79.347
• Brent increased 0.627 USD/BBL or 0.76% to 83.377
• Natural gas increased 0.0697 USD/MMBtu or 2.88% to 2.4857
• Gasoline increased 0.0334 USD/GAL or 1.33% to 2.5394
• Heating oil increased 0.0164 USD/GAL or 0.67% to 2.4481

The above data was collected around 14:31 EST.

• Top commodity gainers: Natural Gas (2.88%), Nickel (2.51%), Steel (2.53%) and Potatoes (2.54%)
• Top commodity losers: Oat (-3.53%), Palladium (-2.12%), Cocoa (-5.64%) and Cheese (-9.44%)

The above data was collected around 14:39 EST.

BONDS:

Japan 0.926% (-2.84bp), US 2’s 4.80% (+0.064%) , US 10’s 4.378% (+4.19bps); US 30’s 4.52% (+0.013%), Bunds 2.4545% (+3.6bp), France 2.956% (+3.3bp), Italy 3.761% (+3.8bp), Turkey 27.480% (+3.5bp), Greece 3.441% (+1.4bp), Portugal 3.081% (+3.9bp); Spain 3.219% (+4.1bp) and UK Gilts 4.087% (+1.76bp)

The above data was collected around 14:42 EST.