Market Talk – July 16, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 increased 84.40 points or 0.20% to 41,275.08
• Shanghai increased 2.29 points or 0.08% to 2,976.30
• Hang Seng decreased 287.96 points or -1.60% to 17,727.98
• ASX 200 decreased 18.30 points or -0.23% to 7,999.30
• KOSPI increased 5.17 points or 0.18% to 2,866.09
• SENSEX increased 51.69 points or 0.06% to 80,716.55
• Nifty50 increased 26.30 points or 0.11% to 24,613.00

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00399 or -0.59% to 0.67223
• NZDUSD decreased 0.00343 or -0.56% to 0.60417
• USDJPY increased 0.433 or 0.27% to 158.582
• USDCNY increased 0.01849 or 0.25% to 7.29212

The above data was collected around 11:29 EST.

Precious Metals:

•  Gold increased 38.4 USD/t oz. or 1.59% to 2,460.93
•  Silver increased 0.667 USD/t. oz. or 2.18% to 31.285

The above data was collected around 11:34 EST.

EUROPE/EMEA:

The major Europe stock markets had a negative day today:

•  CAC 40 decreased 52.68 points or -0.69% to 7,580.03
•  FTSE 100 decreased 18.06 points or -0.22% to 8,164.90
•  DAX 30 decreased 72.86 points or -0.39% to 18,518.03

The major Europe currency markets had a mixed day today:

• EURUSD decreased 0.0016 or -0.15% to 1.08822
• GBPUSD decreased 0.00146 or -0.11% to 1.29544
• USDCHF increased 0.00017 or 0.02% to 0.89566

The above data was collected around 11:35 EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 742.76 points or 1.85% to 40,954.48
• S&P 500 advanced 35.98 points or 0.64% to 5,667.2
• Nasdaq advanced 36.77 points or 0.2% to 18,509.34
• Russell 2000 advanced 76.65 points r 3.5% to 2,263.67

Canada Market Closings:

• TSX Composite advanced 243.71 point or 1.07% to 22,995.39
• TSX 60 advanced 14.82 points or 1.09% to 1,370.6

Brazil Market Closing:

• Bovespa declined 207.27 points or 0.12% to 54,378.19

ENERGY:

The oil markets had a mixed day today:

•  Crude Oil decreased 1.15 USD/BBL or -1.40% to 80.760
•  Brent decreased 0.968 USD/BBL or -1.14% to 83.882
•  Natural gas increased 0.0522 USD/MMBtu or 2.42% to 2.2102
•  Gasoline decreased 0.0239 USD/GAL or -0.96% to 2.4683
•  Heating oil decreased 0.0452 USD/GAL or -1.80% to 2.4653

The above data was collected around 11:37 EST.

•  Top commodity gainers: Lumber (9.43%), Natural Gas (2.42%), Silver (2.18%) and Oat (3.27%)
•  Top commodity losers: Corn (-2.26%), Cocoa (-7.83%), Aluminum (-1.95%) and Zinc (-2.17%)

The above data was collected around 11:44 EST.

BONDS:

Japan 1.0240% (-2.6bp), US 2’s 4.47% (-0.002%), US 10’s 4.192% (-4.5bps); US 30’s 4.40% (-0.064%), Bunds 2.4305% (-5bp), France 3.093% (-2.11bp), Italy 3.7060% (-4.2bp), Turkey 27.90% (+192bp), Greece 3.384% (-3.2bp), Portugal 3.011% (-4.7bp); Spain 3.197% (-3.35bp) and UK Gilts 4.065% (-3.92bp)

The above data was collected around 11:46 EST.