Market Talk – May 17, 2024

Market Talk 2017

ASIA:

 

“Market Talk” will be temporarily postponed until June as our staff redirects efforts toward the London Seminar. Tickets to the seminar, both virtual and in-person, are still available for purchase.

 

The major Asian stock markets had a mixed day today:

  • NIKKEI 225 decreased 132.88 points or -0.34% to 38,787.38
  • Shanghai increased 31.63 points or 1.01% to 3,154.03
  • Hang Seng increased 177.08 points or 0.91% to 19,553.61
  • ASX 200 decreased 66.90 points or -0.85% to 7,814.40
  • Kospi decreased 28.38 points or -1.03% to 2,724.62
  • SENSEX increased 253.31 points or 0.34% to 73,917.03
  • Nifty50 increased 62.25 points or 0.28% to 22,466.10

 

 

The major Asian currency markets had a green day today:

  • AUDUSD increased 0.00006 or 0.01% to 0.66826
  • NZDUSD increased 0.00049 or 0.08% to 0.61286
  • USDJPY increased 0.129 or 0.08% to 155.526
  • USDCNY increased 0.00798 or 0.11% to 7.23147

 

The above data was collected around 11:54 EST.

 

 

Precious Metals:

  • Gold increased 29.13 USD/t oz. or 1.23% to 2,406.93
  • Silver increased 0.936 USD/t. oz. or 3.15% to 30.607

 

The above data was collected around 11:57 EST.

 

EUROPE/EMEA:

The major Europe stock markets had a negative day today:

  • CAC 40 decreased 20.99 points or -0.26% to 8,167.50
  • FTSE 100 decreased 18.39 points or -0.22% to 8,420.26
  • DAX 30 decreased 34.39 points or -0.18% to 18,704.42

 

The major Europe currency markets had a green day today:

  • EURUSD increased 0.00013 or 0.01% to 1.08690
  • GBPUSD increased 0.00326 or 0.26% to 1.27038
  • USDCHF increased 0.00185 or 0.20% to 0.90793

 

The above data was collected around 12:02 EST.

 

US/AMERICAS:

 

US Market Closings:

  • Dow advanced 134.21 points or 0.34% to 40,003.59
  • S&P 500 advanced 6.17 points or 0.12% to 5,303.27
  • Nasdaq declined 12.35 points or -0.07% to 16,685.97
  • Russell 2000 declined 0.53 of a point or -0.03% to 2,095.72

 

Canada Market Closings:

  • TSX Composite advanced 165.54 points or 0.74% to 22,465.37
  • TSX 60 advanced 9.32 points or 0.7% to 1,342.69

 

Brazil Market Closing:

  • Bovespa declined 132.91 points or -0.1% to 128,150.71

 

ENERGY:

 

The oil markets had a green day today:

 

  • Crude Oil increased 0.284 USD/BBL or 0.36% to 79.514
  • Brent increased 0.259 USD/BBL or 0.31% to 83.529
  • Natural gas increased 0.0893 USD/MMBtu or 3.58% to 2.5843
  • Gasoline increased 0.0224 USD/GAL or 0.88% to 2.5652
  • Heating oil increased 0.0251 USD/GAL or 1.02% to 2.4804

 

The above data was collected around 12:06 EST.

 

  • Top commodity gainers: Natural Gas (3.58%), Nickel (3.67%), Coffee (3.39%) and Copper (3.39%)
  • Top commodity losers: Oat (-4.24%), Lean Hogs (-1.99%), Methanol (-2.94%) and Cheese (-10.38%)

 

The above data was collected around 12:14 EST.

 

 

BONDS:

 

Japan 0.952% (+2.6bp), US 2’s 4.82% (+0.016%) , US 10’s 4.413% (+4.58bps); US 30’s 4.55% (+0.044%), Bunds 2.5135% (+5.9bp), France 3.011% (+5.5bp), Italy 3.813% (+5.2bp), Turkey 27.700% (-3.5bp), Greece 3.491% (+5bp), Portugal 3.129% (+4.7bp); Spain 3.269% (+4.95bp) and UK Gilts 4.132% (+4.5bp)

 

The above data was collected around 12:18 EST.

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