Market Talk – July 18, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 971.34 points or -2.36% to 40,126.35
• Shanghai increased 14.28 points or 0.48% to 2,977.13
• Hang Seng increased 39.00 points or 0.22% to 17,778.41
• ASX 200 decreased 21.40 points or -0.27% to 8,036.50
• KOSPI decreased 18.94 points or -0.67% to 2,824.35
• SENSEX increased 626.91 points or 0.78% to 81,343.46
• Nifty50 increased 187.85 points or 0.76% to 24,800.85

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00199 or -0.30% to 0.67106
• NZDUSD decreased 0.00265 or -0.44% to 0.60534
• USDJPY increased 1.542 or 0.99% to 157.214
• USDCNY increased 0.00743 or 0.10% to 7.27520

The above data was collected around 14:12 EST.

Precious Metals:

•  Gold decreased 8.82 USD/t oz. or -0.36% to 2,452.53
•  Silver decreased 0.458 USD/t. oz. or -1.51% to 29.930

The above data was collected around 14:14 EST.

EUROPE/EMEA:

The major Europe stock markets had a mixed day today:

•  CAC 40 increased 15.74 points or 0.21% to 7,586.55
•  FTSE 100 increased 17.43 points or 0.21% to 8,204.89
•  DAX 30 decreased 82.54 points or -0.45% to 18,354.76

The major Europe currency markets had a mixed day today:

• EURUSD decreased 0.00392 or -0.36% to 1.09009
• GBPUSD decreased 0.00573 or -0.44% to 1.29507
• USDCHF increased 0.00444 or 0.50% to 0.88670

The above data was collected around 14:19 EST.

US/AMERICAS:

US Market Closings:

• Dow declined 533.19 points or -1.29% to 40,664.89
• S&P 500 declined 43.77 points or -0.78% to 5,544.5
• Nasdaq declined 125.7 points or -0.7% to 17,871.22
• Russell 2000 declined 41.38 points or -1.85% to 2,198.29

Canada Market Closings:

• TSX Composite declined 124.41 points or -0.54% to 22,726.76
• TSX 60 declined 6.55 points or -0.48% to 1,356.98

Brazil Market Closing:

• Bovespa declined 1,877.78 points or -1.45% to 127,572.54

ENERGY:

The oil markets had a mixed day today:

•  Crude Oil decreased 0.053 USD/BBL or -0.06% to 82.797
•  Brent increased 0.006 USD/BBL or 0.01% to 85.086
•  Natural gas increased 0.0852 USD/MMBtu or 4.19% to 2.1202
•  Gasoline increased 0.0028 USD/GAL or 0.11% to 2.5120
•  Heating oil decreased 0.0116 USD/GAL or -0.46% to 2.4868

The above data was collected around 14:22 EST.

•  Top commodity gainers: Natural Gas (4.19%), Canola (2.45%), Cocoa (4.17%) and Oat (4.69%)
•  Top commodity losers: Corn (-4.90%), Copper (-3.71%), Platinum (-2.76%) and Palladium (-3.75%)

The above data was collected around 14:33 EST.

BONDS:

Japan 1.0420% (+1bp), US 2’s 4.47% (+0.019%), US 10’s 4.187% (+2.6bps); US 30’s 4.40% (+0.026%), Bunds 2.4280% (+0.7bp), France 3.073% (-0.45bp), Italy 3.7350% (+2.1bp), Turkey 28.030% (+182bp), Greece 3.394% (-1.6bp), Portugal 3.019% (-0.3bp); Spain 3.200% (+0.75bp) and UK Gilts 4.070% (-0.92bp)

The above data was collected around 14:36 EST.