Market Talk – July 9, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 increased 799.47 points or 1.96% to 41,580.17
• Shanghai increased 36.92 points or 1.26% to 2,959.37
• Hang Seng decreased 0.83 points or 0.00% to 17,523.23
• ASX 200 increased 66.50 points or 0.86% to 7,829.70
• KOSPI increased 9.62 points or 0.34% to 2,867.38
• SENSEX increased 391.26 points or 0.49% to 80,351.64
• Nifty50 increased 112.65 points or 0.46% to 24,433.20

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00043 or -0.06% to 0.67383
• NZDUSD decreased 0.00077 or -0.13% to 0.61227
• USDJPY increased 0.44 or 0.27% to 161.300
• USDCNY increased 0.00397 or 0.05% to 7.28969

The above data was collected around 13:23 EST.

Precious Metals:

•  Gold decreased 2.52 USD/t oz. or -0.11% to 2,359.22
•  Silver decreased 0.117 USD/t. oz. or -0.38% to 30.738

The above data was collected around 13:26 EST.

EUROPE/EMEA:

The major Europe stock markets had a negative day today:

•  CAC 40 decreased 118.79 points or -1.56% to 7,508.66
•  FTSE 100 decreased 53.68 points or -0.66% to 8,139.81
• DAX 30 decreased 235.86 points or -1.28% to 18,236.19

The major Europe currency markets had a negative day today:

• EURUSD decreased 0.0022 or -0.20% to 1.08085
• GBPUSD decreased 0.00316 or -0.25% to 1.27835
• USDCHF decreased 0.0001 or -0.01% to 0.89771

The above data was collected around 13:32 EST.

US/AMERICAS:

US Market Closings:

• Dow declined 52.82 points or -0.13% to 39,291.97
• S&P 500 advanced 4.13 points or 0.07% to 5,576.98
• Nasdaq advanced 25.55 points or 0.14% to 18,429.29
• Russell 2000 declined 9.2 points or -0.45% to 2,029.47

Canada Market Closings:

• TSX Composite declined 83.63 points or -0.38% to 22,042.5
• TSX 60 declined 3.98 points or -0.3% to 1,314.73

Brazil Market Closing:

• Bovespa advanced 555.65 points or 0.44% to 127,103.99

ENERGY:

The oil markets had a mixed day today:

•  Crude Oil decreased 0.487 USD/BBL or -0.59% to 81.843
•  Brent decreased 0.617 USD/BBL or -0.72% to 85.133
•  Natural gas increased 0.014 USD/MMBtu or 0.59% to 2.3800
•  Gasoline increased 0.0045 USD/GAL or 0.18% to 2.5395
•  Heating oil decreased 0.0317 USD/GAL or -1.23% to 2.5434

The above data was collected around 13:38 EST.

•  Top commodity gainers: Steel (1.10%), Soybeans (0.76%), Cocoa (5.00%) and Coffee (6.07%)
•  Top commodity losers: Sugar (-2.88%), Oat (-2.72%), Palladium (-3.82%) and Orange Juice (-2.65%)

The above data was collected around 13:45 EST.

BONDS:

Japan 1.0760% (-1.49bp), US 2’s 4.64% (-0.002%) , US 10’s 4.308% (+2.58bps); US 30’s 4.50% (+0.029%), Bunds 2.5465% (+2.75bp), France 3.208% (+8.8bp), Italy 3.938% (+5.2bp), Turkey 27.330% (+170bp), Greece 3.605% (+2.8bp), Portugal 3.173% (+4.4bp); Spain 3.352% (+7.4bp) and UK Gilts 4.163% (+4.52bp)

The above data was collected around 13:49 EST.