Market Talk – June 5, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 347.29 points or -0.89% to 38,490.17
• Shanghai decreased 25.80 points or -0.83% to 3,065.40
• Hang Seng decreased 19.15 points or -0.10% to 18,424.96
• ASX 200 increased 31.90 points or 0.41% to 7,769.00
• Kospi increased 27.40 points or 1.03% to 2,689.50
• SENSEX increased 2,303.19 points or 3.20% to 74,382.24
• Nifty50 increased 735.85 points or 3.36% to 22,620.35

The major Asian currency markets had a green day today:

• AUDUSD increased 0.00056 or 0.08% to 0.66511
• NZDUSD increased 0.00187 or 0.30% to 0.61931
• USDJPY increased 0.97 or 0.63% to 156.086
• USDCNY increased 0.00906 or 0.12% to 7.25847

The above data was collected around 15:46 EST.

Precious Metals:

•  Gold increased 24.29 USD/t oz. or 1.04% to 2,353.05
•  Silver increased 0.407 USD/t. oz. or 1.37% to 29.979

The above data was collected around 15:50 EST.

EUROPE/EMEA:

The major Europe stock markets had a green day today:

•  CAC 40 increased 68.67 points or 0.87% to 8,006.57
•  FTSE 100 increased 14.91 points or 0.18% to 8,246.95
•  DAX 30 increased 170.30 points or 0.93% to 18,575.94

The major Europe currency markets had a mixed day today:

• EURUSD decreased 0.00089 or -0.08% to 1.08727
• GBPUSD increased 0.00183 or 0.14% to 1.27907
• USDCHF increased 0.00332 or 0.37% to 0.89335

The above data was collected around 16:03 EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 96.04 points or 0.25% to 28,807.33
• S&P 500 advanced 62.69 points or 1.18% to 5,354.03
• Nasdaq advanced 330.86 points or 1.96% to 17,187.9
• Russell 2000 advanced 29.93 points or 1.47% to 2,063.87

Canada Market Closings:

• TSX Composite advanced 166.84 points or 0.76% to 22,145.02
• TSX 60 advanced 8.25 points or 0.63% to 1,324.48

Brazil Market Closing:

• Bovespa declined 428.01 points or -0.35% to 121,374.05

ENERGY:

The oil markets had a green day today:

•  Crude Oil increased 0.863 USD/BBL or 1.18% to 74.113
•  Brent increased 0.892 USD/BBL or 1.15% to 78.412
•  Natural gas increased 0.1822 USD/MMBtu or 7.05% to 2.7682
•  Gasoline increased 0.0238 USD/GAL or 1.02% to 2.3567
•  Heating oil increased 0.022 USD/GAL or 0.96% to 2.3057

The above data was collected around 16:05 EST.

•  Top commodity gainers: Natural Gas (7.05%), Milk (4.40%), Palladium (2.05%) and Cocoa (2.50%)
•  Top commodity losers: Zinc (-1.77%), Nickel (-2.37%), Wheat (-1.91%) and Oat (-3.54%)

The above data was collected around 16:12 EST.

BONDS:

Japan 1.0050% (-3.24bp), US 2’s 4.74% (-0.052%) , US 10’s 4.286% (-4.38bps); US 30’s 4.44% (-0.042%), Bunds 2.5045% (-3.15bp), France 2.995% (-4.04bp), Italy 3.819% (-2.3bp), Turkey 27.785% (+4.5bp), Greece 3.527% (-5.6bp), Portugal 3.101% (-3.7bp); Spain 3.234% (-4.6bp) and UK Gilts 4.185% (+0.27bp)

The above data was collected around 16:15 EST.