Market Talk – July 19, 2024

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 62.56 points or -0.16% to 40,063.79
• Shanghai increased 5.18 points or 0.17% to 2,982.31
• Hang Seng decreased 360.73 points or -2.03% to 17,417.68
• ASX 200 decreased 64.90 points or -0.81% to 7,971.60
• KOSPI decreased 28.89 points or -1.02% to 2,795.46
• SENSEX decreased 738.81 points or -0.91% to 80,604.65
• Nifty50 decreased 269.95 points or -1.09% to 24,530.90

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00182 or -0.27% to 0.66853
• NZDUSD decreased 0.00321 or -0.53% to 0.60103
• USDJPY increased 0.237 or 0.15% to 157.412
• USDCNY increased 0.00616 or 0.08% to 7.28468

The above data was collected around 13:07 EST.

Precious Metals:

•  Gold decreased 41.32 USD/t oz. or -1.69% to 2,399.87
•  Silver decreased 0.595 USD/t. oz. or -2.00% to 29.135

The above data was collected around 13:13 EST.

EUROPE/EMEA:

The major Europe stock markets had a negative day today:

•  CAC 40 decreased 52.03 points or -0.69% to 7,534.52
•  FTSE 100 decreased 49.17 points or -0.60% to 8,155.72
•  DAX 30 decreased 182.83 points or -1.00% to 18,171.93

The major Europe currency markets had a mixed day today:

• EURUSD decreased 0.00176 or -0.16% to 1.08825
• GBPUSD decreased 0.00364 or -0.28% to 1.29125
• USDCHF increased 0.00117 or 0.13% to 0.88865

The above data was collected around 13:19 EST.

US/AMERICAS:

US Market Closings:

• Dow declined 377.49 points or -0.93% to 40,287.53
• S&P 500 declined 39.59 points or -0.71% to 5,505
• Nasdaq declined 144.28 points or -0.81% to 17,726.94
• Russell 2000 declined 13.38 points or -0.61% to 2,184.91

Canada Market Closings:

• TSX Composite declined 36.37 points or -0.16% to 22,690.39
• TSX 60 declined 2.09 points or -0.15% to 1,354.89

Brazil Market Closing:

• Bovespa advanced 5.03 points or unchanged to 127,657.09

ENERGY:

The oil markets had a negative day today:

•  Crude Oil decreased 2.284 USD/BBL or -2.76% to 80.537
•  Brent decreased 2.151 USD/BBL or -2.53% to 82.959
•  Natural gas decreased 0.017 USD/MMBtu or -0.80% to 2.1080
•  Gasoline decreased 0.0397 USD/GAL or -1.58% to 2.4673
•  Heating oil decreased 0.0422 USD/GAL or -1.70% to 2.4347

The above data was collected around 13:24 EST.

•  Top commodity gainers: Wheat (1.69%), Lumber (1.40%), Palm Oil (0.63%) and Oat (1.14%)
•  Top commodity losers: Corn (-3.35%), Crude Oil (-2.76%), Brent (-2.53%) and Cocoa (-4.64%)

The above data was collected around 13:32 EST.

BONDS:

Japan 1.0470% (+0.48bp), US 2’s 4.51% (+0.029%), US 10’s 4.235% (+3bps); US 30’s 4.45% (+0.025%), Bunds 2.4635% (+5.25bp), France 3.130% (+5.9bp), Italy 3.7780% (+5.9bp), Turkey 28.080% (+5bp), Greece 3.461% (+6.7bp), Portugal 3.061% (+3.4bp); Spain 3.230% (+1.55bp) and UK Gilts 4.129% (+5.95bp)

The above data was collected around 13:37 EST.