Market Talk – July 1, 2024

ASIA:

The major Asian stock markets had mixed day today:

• NIKKEI 225 increased 47.98 points or 0.12% to 39,631.06
• Shanghai increased 27.33 points or 0.92% to 2,994.73
• Hang Seng closed
• ASX 200 decreased 16.80 points or -0.22% to 7,750.70
• Kospi increased 6.49 points or 0.23% to 2,804.31
• SENSEX increased 443.46 points or 0.56% to 79,476.19
• Nifty50 increased 131.35 points or 0.55% to 24,141.95

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00148 or -0.22% to 0.66548
• NZDUSD decreased 0.00183 or -0.30% to 0.60723
• USDJPY increased 0.672 or 0.42% to 161.511
• USDCNY increased 0.003 or 0.04% to 7.30251

The above data was collected around 12:15 EST.

Precious Metals:

•  Gold increased 2.98 USD/t oz. or 0.13% to 2,329.41
•  Silver increased 0.154 USD/t. oz or 0.53% to 29.288

The above data was collected around 12:17 EST.

EUROPE/EMEA:

The major Europe stock markets had a green day today:

•  CAC 40 increased 81.73 points or 1.09% to 7,561.13
•  FTSE 100 increased 2.64 points, or 0.03% to 8,166.76
•  DAX 30 increased 55.21 points or 0.30% to 18,290.66

The major Europe currency markets had a green day today:

• EURUSD increased 0.00182 or 0.17% to 1.07304
• GBPUSD increased 0.00086 or 0.07% to 1.26535
• USDCHF increased 0.00515 or 0.57% to 0.90370

The above data was collected around 12:18 EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 50.66 points or 0.13% to 39,169.52
• S&P 500 advanced 14.61 points or 0.27% to 5,475.09
• Nasdaq advanced 146.7 points or 0.83% to 17,879.3
• Russell 2000 declined 17.62 points or -0.86% to 2,030.07

Canada Market Closings:

• TSX Composite declined 66.37 points or -0.3% to 21,875.79
• TSX 60 declined 4.87 points or -0.37% to 1,304.8

Brazil Market Closing:

• Bovespa advanced 858.47 points or 0.69% to 124,765.02

ENERGY:

The oil markets had a mixed day today:

•  Crude Oil increased 1.381 USD/BBL or 1.69% to 82.921
•  Brent increased 1.307 USD/BBL or 1.54% to 86.307
•  Natural gas decreased 0.1017 USD/MMBtu or -3.91% to 2.4993
•  Gasoline increased 0.0434 USD/GAL or 1.72% to 2.5655
•  Heating oil increased 0.059 USD/GAL or 2.32% to 2.5981

The above data was collected around 12:23 EST.

•   Top commodity gainers: Heating Oil (2.32%), Palm Oil (2.43%), Rapeseed (1.99%), and Cotton (8.26%)
•   Top commodity losers: Corn (-6.49%), Cocoa (-2.85%), Lumber (-2.33%), and Natural Gas (-3.91%)

The above data was collected around 12:52 EST.

BONDS:

Japan 1.064%(+1.58bp), US 2’s 4.79% (+0.021%), US 10’s 4.4880%(+7.61bps); US 30’s 4.65% (+0.083%), Bunds 2.6030% (+11.8bp), France 3.302% (+1.4bp), Italy 4.104% (+2.8bp), Turkey 28.220% (+170bp), Greece 3.736% (+0.2bp), Portugal 3.292% (+5.3bp), Spain 3.458% (+4.7bp) and UK Gilts 4.286% (+10.93bp).

The above data was collected around 12.56 EST.