Market Talk – July 3, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 increased 506.07 points or 1.26% to 40,580.76
• Shanghai decreased 14.64 points or -0.49% to 2,982.38
• Hang Seng increased 209.43 points or 1.18% to 17,978.57
• ASX 200 increased 21.70 points or 0.28% to 7,739.90
• KOSPI increased 13.15 points or 0.47% to 2,794.01
• SENSEX increased 545.35 points or 0.69% to 79,986.80
• Nifty50 increased 162.65 points or 0.67% to 24,286.50

The major Asian currency markets had a mixed day today:

• AUDUSD increased 0.00397 or 0.60% to 0.67081
• NZDUSD increased 0.00229 or 0.38% to 0.61043
• USDJPY increased 0.044 or 0.03% to 161.533
• USDCNY decreased 0.00573 or -0.08% to 7.30195

The above data was collected around 13:41 EST.

Precious Metals:

•  Gold increased 28.12 USD/t oz. or 1.21% to 2,358.36
•  Silver increased 0.923 USD/t. oz. or 3.12% to 30.503

The above data was collected around 13:43 EST.

EUROPE/EMEA:

The major Europe stock markets had a green day today:

•  CAC 40 increased 93.79 points or 1.24% to 7,632.08
•  FTSE 100 increased 49.92 points or 0.61% to 8,171.12
•  DAX 30 increased 210.47 points or 1.16% to 18,374.53

The major Europe currency markets had a mixed day today:

• EURUSD increased 0.00354 or 0.33% to 1.07834
• GBPUSD increased 0.00499 or 0.39% to 1.27373
• USDCHF decreased 0.00235 or -0.26% to 0.90141

The above data was collected around 13:48 EST.

US/AMERICAS:

US Market Closings:

• Dow declined 23.85 points or 0.06% to 39,308
• S&P 500  advanced 28.01 points or 0.51% to 18,188.3
• Nasdaq  advanced 159.54 points or 0.88% to 18,188.3
• Russell 2000  advanced 2.75 points or 0.14% to 2,036.64

Canada Market Closings:

• TSX Composite advanced 269.87 points or 1.23% to 22,223.67
• TSX 60 advanced  16.94 points or 1.29% to 1,326.17

Brazil Market Closing:

• Bovespa  advanced 1,017.6 points or 0.82% to 125,804.68

ENERGY:

The oil markets had a mixed day today:

•  Crude Oil increased 0.423 USD/BBL or 0.51% to 83.233
•  Brent increased 0.455 USD/BBL or 0.53% to 86.695
•  Natural gas decreased 0.0108 USD/MMBtu or -0.44% to 2.4242
•  Gasoline increased 0.001 USD/GAL or 0.04% to 2.5753
•  Heating oil decreased 0.009 USD/GAL or -0.34% to 2.6217

The above data was collected around 13:53 EST.

•  Top commodity gainers: Silver (3.12%), Zinc (2.14%), Nickel (2.45%) and Copper (2.48%)
•  Top commodity losers: Wheat (-4.00%), Milk (-1.51%), Corn (-4.01%) and Orange Juice (-2.32%)

The above data was collected around 13:59 EST.

BONDS:

Japan 1.1020% (+1.02bp), US 2’s 4.72% (-0.031%) , US 10’s 4.364% (-6.37bps); US 30’s 4.53% (-0.077%), Bunds 2.5575% (-5.15bp), France 3.206% (-11.4bp), Italy 3.979% (-9.7bp), Turkey 27.590% (+130bp), Greece 3.643% (-7.4bp), Portugal 3.194% (-5.4bp); Spain 3.375% (-4.65bp) and UK Gilts 4.176% (-7.56bp)

The above data was collected around 14:01 EST.