Market Talk – June 7, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 19.58 points or -0.05% to 38,683.93
• Shanghai increased 2.48 points or 0.08% to 3,051.28
• Hang Seng decreased 109.85 points or -0.59% to 18,366.95
• ASX 200 increased 38.20 points or 0.49% to 7,860.00
• KOSPI increased 33.17 points or 1.23% to 2,722.67
• SENSEX increased 1,618.85 points or 2.16% to 76,693.36
• Nifty50 increased 468.75 points or 2.05% to 23,290.15

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00834 or -1.25% to 0.65861
• NZDUSD decreased 0.0088 or -1.42% to 0.61083
• USDJPY increased 0.991 or 0.64% to 156.666
• USDCNY increased 0.00407 or 0.06% to 7.26439

The above data was collected around 13:27 EST.

Precious Metals:

•  Gold decreased 69.47 USD/t oz. or -2.92% to 2,307.36
•  Silver decreased 1.994 USD/t. oz. or -6.36% to 29.343

The above data was collected around 13:33 EST.

EUROPE/EMEA:

The major Europe stock markets had a negative day today:

•  CAC 40 decreased 38.32 points or -0.48% to 8,001.80
•  FTSE 100 decreased 39.97 points or -0.48% to 8,245.37
•  DAX 30 decreased 95.40 points or -0.51% to 18,557.27

The major Europe currency markets had a mixed day today:

• EURUSD decreased 0.00903 or -0.83% to 1.08013
• GBPUSD decreased 0.00729 or -0.57% to 1.27195
• USDCHF increased 0.00666 or 0.75% to 0.89635

The above data was collected around 13:38 EST.

US/AMERICAS:

US Market Closings:

• Dow declined 87.18 points or -0.22% to 38,798.99
• S&P 500 declined 5.97 points or 5.97% to -0.11% to 5,345.99
• Nasdaq declined 39.99 points or -0.23% to 17,133.13
• Russell 2000 declined 22.88 points or -1.12% to 2,026.56

Canada Market Closings:

• TSX Composite declined 222.1 points or -1% to 22,007
• TSX 60 declined 11.73 points or -0.88% to 1,316.78

Brazil Market Closing:

• Bovespa declined 2,111.01 points or -1.72% to 120,787.79

ENERGY:

The oil markets had a mixed day today:

•  Crude Oil increased 0.048 USD/BBL or 0.06% to 75.598
•  Brent decreased 0.202 USD/BBL or -0.25% to 79.668
•  Natural gas increased 0.138 USD/MMBtu or 4.89% to 2.9590
•  Gasoline decreased 0.0189 USD/GAL or -0.79% to 2.3829
•  Heating oil decreased 0.0094 USD/GAL or -0.40% to 2.3507

The above data was collected around 13:41 EST.

•  Top commodity gainers: Natural Gas (4.89%), Palm Oil (1.64%), Potatoes (1.54%) and Cocoa (1.26%)
•  Top commodity losers: Copper (-4.41%), Zinc (-4.66%), Silver (-6.36%) and Orange Juice (-4.38%)

The above data was collected around 13:47 EST.

BONDS:

Japan 0.9730% (+0.73bp), US 2’s 4.88% (+0.141%) , US 10’s 4.4280% (+13.51bps); US 30’s 4.55% (+0.112%), Bunds 2.6175% (+7.65bp), France 3.113% (+7.21bp), Italy 3.948% (+8.6bp), Turkey 28.005% (+193.5bp), Greece 3.651% (+6.7bp), Portugal 3.225% (+7.6bp); Spain 3.389% (+6.8bp) and UK Gilts 4.264% (+8.71bp)

The above data was collected around 13:54 EST.