Market Talk – July 17, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 177.39 points or -0.43% to 41,097.69
• Shanghai decreased 13.45 points or -0.45% to 2,962.85
• Hang Seng increased 11.43 points or 0.06% to 17,739.41
• ASX 200 increased 58.60 points or 0.73% to 8,057.90
• KOSPI decreased 22.80 points or -0.80% to 2,843.29
• SENSEX CLOSED
• Nifty50 CLOSED

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00045 or -0.07% to 0.67272
• NZDUSD increased 0.00016 or 0.03% to 0.60719
• USDJPY decreased 1.842 or -1.16% to 156.520
• USDCNY decreased 0.0144 or -0.20% to 7.27498

The above data was collected around 11:40 EST.

Precious Metals:

•  Gold decreased 5.78 USD/t oz. or -0.23% to 2,462.47
•  Silver decreased 1.023 USD/t. oz. or -3.27% to 30.245

The above data was collected around 11:43 EST.

EUROPE/EMEA:

The major Europe stock markets had a mixed day today:

•  CAC 40 decreased 9.22 points or -0.12% to 7,570.81
•  FTSE 100 increased 22.56 points or 0.28% to 8,187.46
•  DAX 30 decreased 80.73 points or -0.44% to 18,437.30

The major Europe currency markets had a mixed day today:

• EURUSD increased 0.0031 or 0.28% to 1.09329
• GBPUSD increased 0.00274 or 0.21% to 1.30047
• USDCHF decreased 0.00861 or -0.96% to 0.88489

The above data was collected around 11:47 EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 243.73 points or 0.6% to 41,198.21
• S&P 500 declined 78.92 points or -1.39% to 5,588.28
• Nasdaq declined 512.41 points or 2.77% to 17,996.92
• Russell 2000 declined 24.01 points or -1.06% to 2,239.67

Canada Market Closings:

• TSX Composite declined 144.22 points or -0.63% to 22,851.17
• TSX 60 declined 7.07 points or -0.52% to 1,363.53

Brazil Market Closing:

• Bovespa  advanced 355.03 points or 0.27% to 129,465.41

ENERGY:

The oil markets had a mixed day today:

•  Crude Oil increased 1.921 USD/BBL or 2.38% to 82.681
•  Brent increased 1.274 USD/BBL or 1.52% to 85.004
•  Natural gas decreased 0.1359 USD/MMBtu or -6.21% to 2.0521
•  Gasoline increased 0.0308 USD/GAL or 1.25% to 2.4974
•  Heating oil increased 0.0163 USD/GAL or 0.66% to 2.4833

The above data was collected around 11:49 EST.

•  Top commodity gainers: Lumber (2.16%), Crude Oil (2.38%), Cotton (2.02%) and Oat (5.70%)
•  Top commodity losers: Corn (-3.13%), Silver (-3.27%), Natural Gas (-6.21%) and Orange Juice (-4.24%)

The above data was collected around 12:01 EST.

BONDS:

Japan 1.0320% (+0.78bp), US 2’s 4.46% (+0.037%), US 10’s 4.168% (+0.5bps); US 30’s 4.37% (-0.003%), Bunds 2.4180% (-1.4bp), France 3.078% (-1.54bp), Italy 3.7150% (+0.7bp), Turkey 27.965% (+180.5bp), Greece 3.379% (-3.7bp), Portugal 3.007% (+0.9bp); Spain 3.191% (+0.7bp) and UK Gilts 4.079% (+2.62bp)

The above data was collected around 12:04 EST.