Market Talk – July 12, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 1,033.34 points or -2.45% to 41,190.68
• Shanghai increased 0.91 points or 0.03% to 2,971.30
• Hang Seng increased 461.05 points or 2.59% to 18,293.38
• ASX 200 increased 69.70 points or 0.88% to 7,959.30
• KOSPI decreased 34.35 points or -1.19% to 2,857.00
• SENSEX increased 622.00 points or 0.78% to 80,519.34
• Nifty50 increased 186.20 points or 0.77% to 24,502.15

The major Asian currency markets had a mixed day today:

• AUDUSD increased 0.00153 or 0.23% to 0.67851
• NZDUSD increased 0.0021 or 0.34% to 0.61159
• USDJPY decreased 0.294 or -0.19% to 157.978
• USDCNY increased 0.01017 or 0.14% to 7.27250

The above data was collected around 13:31 EST.

Precious Metals:

•  Gold increased 0.88 USD/t oz. or 0.04% to 2,416.79
•  Silver decreased 0.449 USD/t. oz. or -1.43% to 30.949

The above data was collected around 13:36 EST.

EUROPE/EMEA:

The major Europe stock markets had a green day today:

•  CAC 40 increased 97.19 points or 1.27% to 7,724.32
•  FTSE 100 increased 29.57 points or 0.36% to 8,252.91
•  DAX 30 increased 213.62 points or 1.15% to 18,748.18

The major Europe currency markets had a mixed day today:

• EURUSD increased 0.00312 or 0.29% to 1.09052
• GBPUSD increased 0.0064 or 0.50% to 1.29878
• USDCHF decreased 0.0014 or -0.16% to 0.89469

The above data was collected around 13:42 EST.

ENERGY:

The oil markets had a mixed day today:

•  Crude Oil decreased 0.27 USD/BBL or -0.33% to 82.350
•  Brent decreased 0.225 USD/BBL or -0.26% to 85.175
•  Natural gas increased 0.077 USD/MMBtu or 3.40% to 2.3450
•  Gasoline increased 0.0013 USD/GAL or 0.05% to 2.5281
•  Heating oil increased 0.0004 USD/GAL or 0.02% to 2.5238

The above data was collected around 13:45 EST.

•  Top commodity gainers: Oat (3.82%), Natural Gas (3.40%), Copper (2.04%) and Coffee (1.55%)
•  Top commodity losers: Rice (-16.78%), Orange Juice (-2.59%), Wheat (-3.01%) and Lumber (-2.38%)

The above data was collected around 13:51 EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 247.15 points or 0.62% to 40,000.9
• S&P 500 advanced 30.81 points or 0.55% to 5,615.35
• Nasdaq advanced 115.04 points or 0.63% to 18,393.44
• Russell 2000 advanced 23.23 points or 1.09% to 2,148.26

Canada Market Closings:

• TSX Composite advanced 129.39 points or 0.57% to 22,673.52
• TSX 60 advanced 7.46 points or 0.56% to 1,351.31

Brazil Market Closing:

• Bovespa advanced 603.75 points or 0.47% to 128,897.36

BONDS:

Japan 1.0500% (-3.37bp), US 2’s 4.48% (-0.046%) , US 10’s 4.194% (-1.81bps); US 30’s 4.40% (-0.021%), Bunds 2.4895% (+0.55bp), France 3.152% (+2.4bp), Italy 3.800% (+1.1bp), Turkey 27.73% (+175bp), Greece 3.444% (-4.6bp), Portugal 3.076% (-0.6bp); Spain 3.244% (-0.95bp) and UK Gilts 4.112% (+3.3bp)

The above data was collected around 13:54 EST.