Market Talk – July 8, 2024

ASIA:

The major Asian stock markets had a negative day today:

• NIKKEI 225 decreased 131.67 points or -0.32% to 40,780.70
• Shanghai decreased 27.48 points or -0.93% to 2,922.45
• Hang Seng decreased 275.55 points or -1.55% to 17,524.06
• ASX 200 decreased 59.10 points or -0.76% to 7,763.20
• KOSPI decreased 4.47 points or -0.16% to 2,857.76
• SENSEX decreased 36.22 points or -0.05% to 79,960.38
• Nifty50 decreased 3.30 points or -0.01% to 24,320.55

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00134 or -0.20% to 0.67353
• NZDUSD decreased 0.0017 or -0.28% to 0.61276
• USDJPY increased 0.008 or 0.00% to 160.758
• USDCNY decreased 0.00285 or -0.04% to 7.28546

The above data was collected around 14:42 EST.

Precious Metals:

•  Gold decreased 34.81 USD/t oz. or -1.46% to 2,355.96
•  Silver decreased 0.596 USD/t. oz. or -1.91% to 30.617

The above data was collected around 14:44 EST.

EUROPE/EMEA:

The major Europe stock markets had a negative day today:

•  CAC 40 decreased 48.17 points or -0.63% to 7,627.45
•  FTSE 100 decreased 10.44 points or -0.13% to 8,193.49
•  DAX 30 decreased 3.40 points or -0.02% to 18,472.05

The major Europe currency markets had a mixed day today:

• EURUSD decreased 0.00138 or -0.13% to 1.08243
• GBPUSD decreased 0.00053 or -0.04% to 1.28100
• USDCHF increased 0.00159 or 0.18% to 0.89726

The above data was collected around 14:50 EST.

US/AMERICAS:

US Market Closings:

• Dow declined 31.08 points or -0.08% to 39,344.79
• S&P 500 advanced 5.66 points or 0.1% to 5,572.85
• Nasdaq advanced 50.98 points or 0.28% to 18,403.74
• Russell 2000 advanced 11.94 points or 0.59% to 2,038.67

Canada Market Closings:

• TSX Composite advanced 67.1 points or 0.3% to 22,126.13
• TSX 60 advanced 2.99 points or 0.23% to 1,318.71

Brazil Market Closing:

• Bovespa advanced 152.25 points or 0.12% to 126,419.3

ENERGY:

The oil markets had a mixed day today:

•  Crude Oil decreased 1.268 USD/BBL or -1.52% to 82.171
•  Brent decreased 1.343 USD/BBL or -1.54% to 85.627
•  Natural gas increased 0.0376 USD/MMBtu or 1.61% to 2.3676
•  Gasoline decreased 0.0238 USD/GAL or -0.93% to 2.5356
•  Heating oil decreased 0.0443 USD/GAL or -1.69% to 2.5747

The above data was collected around 14:52 EST.

•  Top commodity gainers: Natural Gas (1.61%), Palm Oil (1.24%), Orange Juice (1.33%) and Coffee (1.59%)
•  Top commodity losers: Wheat (-6.45%), Oat (-5.80%), Corn (-6.96%) and Platinum (-3.05%)

The above data was collected around 15:03 EST.

BONDS:

Japan 1.0910% (+2.1bp), US 2’s 4.62% (+0.012%) , US 10’s 4.271% (-2.1bps); US 30’s 4.46% (-0.028%), Bunds 2.5080% (-2.4bp), France 3.120% (-4.65bp), Italy 3.886% (-5.4bp), Turkey 27.350% (+168bp), Greece 3.546% (-7.8bp), Portugal 3.119% (-5.6bp); Spain 3.296% (-2.1bp) and UK Gilts 4.118% (-1.02bp)

The above data was collected around 15:06 EST.