Market Talk – July 11, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 increased 251.82 points or 0.61% to 41,831.99
• Shanghai decreased 20.01 points or -0.68% to 2,939.36
• Hang Seng decreased 51.56 points or -0.29% to 17,471.67
• ASX 200 decreased 12.90 points or -0.16% to 7,816.80
• KOSPI increased 0.61 points or 0.02% to 2,867.99
• SENSEX decreased 426.87 points or -0.53% to 79,924.77
• Nifty50 decreased 108.75 points or -0.45% to 24,324.45

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00024 or -0.04% to 0.67391
• NZDUSD decreased 0.00508 or -0.83% to 0.60760
• USDJPY increased 0.459 or 0.28% to 161.787
• USDCNY increased 0.0031 or 0.04% to 7.29282

The above data was collected around 14:19 EST.

Precious Metals:

•  Gold increased 6.14 USD/t oz. or 0.26% to 2,371.14
•  Silver decreased 0.019 USD/t. oz. or -0.06% to 30.782

The above data was collected around 14:24 EST.

EUROPE/EMEA:

The major Europe stock markets had a green day today:

•  CAC 40 increased 64.89 points or 0.86% to 7,573.55
•  FTSE 100 increased 53.70 points or 0.66% to 8,193.51
•  DAX 30 increased 171.03 points or 0.94% to 18,407.22

The major Europe currency markets had a green day today:

• EURUSD increased 0.00046 or 0.04% to 1.08189
• GBPUSD increased 0.00499 or 0.39% to 1.28380
• USDCHF increased 0.00239 or 0.27% to 0.89997

The above data was collected around 14:30 EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 32.39 points or 0.08% to 39,753.75
• S&P 500 declined 49.37 points or -0.88% to 5,584.54
• Nasdaq declined 364.04 points or -1.95% to 18,283.41
• Russell 2000 advanced 73.28 points or 3.57% to 2,125.03

Canada Market Closings:

• TSX Composite advanced 193.9 points or 0.87% to 22,544.13
• TSX 60 advanced 10.29 points or 0.77% to 1,343.85

Brazil Market Closing:

• Bovespa declined advanced 1,074.72 points or 0.84% to 128,292.96

ENERGY:

The oil markets had a mixed day today:

•  Crude Oil increased 0.806 USD/BBL or 0.99% to 82.216
•  Brent increased 0.585 USD/BBL or 0.69% to 85.245
•  Natural gas decreased 0.0159 USD/MMBtu or -0.68% to 2.3281
•  Gasoline decreased 0.0192 USD/GAL or -0.76% to 2.5078
•  Heating oil increased 0.0019 USD/GAL or 0.08% to 2.5237

The above data was collected around 14:33 EST.

•  Top commodity gainers: Oat (32.13%), Zinc (0.94%), Palladium (0.87%) and Crude Oil (0.99%)
•  Top commodity losers: Soybeans (-2.27%), Wheat (-5.07%), Cocoa (-2.23%) and Canola (-2.73%)

The above data was collected around 14:40 EST.

BONDS:

Japan 1.0890% (+1.33bp), US 2’s 4.64% (+0.002%) , US 10’s 4.287% (-1.08bps); US 30’s 4.48% (-0.017%), Bunds 2.5305% (-2.95bp), France 3.192% (-1.63bp), Italy 3.850% (-10.5bp), Turkey 27.850% (+195bp), Greece 3.523% (-7.9bp), Portugal 3.117% (-5bp); Spain 3.283% (-6.05bp) and UK Gilts 4.134% (-2.87bp)

The above data was collected around 14:44 EST.