Market Talk – July 24, 2024

ASIA:

The major Asian stock markets had a negative day today:

• NIKKEI 225 decreased 439.54 points or -1.11% to 39,154.85
• Shanghai decreased 13.42 points or -0.46% to 2,901.95
• Hang Seng decreased 158.31 points or -0.91% to 17,311.05
• ASX 200 decreased 7.40 points or -0.09% to 7,963.70
• KOSPI decreased 15.58 points or -0.56% to 2,758.71
• SENSEX decreased 280.16 points or -0.35% to 80,148.88
• Nifty50 decreased 65.55 points or -0.27% to 24,413.50

The major Asian currency markets had a negative day today:

• AUDUSD decreased 0.00195 or -0.29% to 0.65923
• NZDUSD decreased 0.00127 or -0.21% to 0.59393
• USDJPY decreased 1.985 or -1.27% to 153.789
• USDCNY decreased 0.02675 or -0.37% to 7.26335

The above data was collected around 13:53 EST.

Precious Metals:

•  Gold increased 0.94 USD/t oz. or 0.04% to 2,409.44
•  Silver decreased 0.142 USD/t. oz. or -0.49% to 29.052

The above data was collected around 13:56 EST.

EUROPE/EMEA:

The major Europe stock markets had a negative day today:

•  CAC 40 decreased 84.90 points or -1.12% to 7,513.73
•  FTSE 100 decreased 13.68 points or -0.17% to 8,153.69
•  DAX 30 decreased 170.24 points or -0.92% to 18,387.46

The major Europe currency markets had a mixed day today:

• EURUSD decreased 0.00072 or -0.07% to 1.08425
• GBPUSD increased 0.00089 or 0.07% to 1.29098
• USDCHF decreased 0.00571 or -0.64% to 0.88579

The above data was collected around 14:03 EST.

US/AMERICAS:

US Market Closings:

• Dow declined 504.22 points or -1.25% to 39,853.87
• S&P 500 declined 128.61 points or -2.31% to 5,427.13
• Nasdaq declined 654.94 points or -3.64% to 17,342.41
• Russell 2000 declined 47.89 points or -2.13% to 2,195.37

Canada Market Closings:

• TSX Composite declined 1774.18 points or -0.76% to 22,639.57
• TSX 60 declined 9.44 points or -0.69% to 1,351.62

Brazil Market Closing:

• Bovespa declined 77.97 points or -0.06% to 126,511.87

ENERGY:

The oil markets had a mixed day today:

•  Crude Oil increased 0.286 USD/BBL or 0.37% to 77.730
•  Brent increased 0.828 USD/BBL or 1.02% to 81.838
•  Natural gas decreased 0.0575 USD/MMBtu or -2.63% to 2.1295
•  Gasoline increased 0.0153 USD/GAL or 0.63% to 2.4486
•  Heating oil increased 0.0297 USD/GAL or 1.23% to 2.4523

The above data was collected around 14:06 EST.

•  Top commodity gainers: Palladium (1.56%), Heating Oil (1.23%), Brent (1.02%) and Oat (1.01%)
•  Top commodity losers: Coffee (-3.49%), Corn (-3.29%), Natural Gas (-2.63%) and Rapeseed (-3.07%)

The above data was collected around 14:11 EST.

BONDS:

Japan 1.0780% (+1.49bp), US 2’s 4.42% (-0.076%), US 10’s 4.275% (+2bps); US 30’s 4.54% (+0.053%), Bunds 2.4540% (+1.6bp), France 3.147% (+2bp), Italy 3.7990% (+4.8bp), Turkey 28.015% (-16bp), Greece 3.485% (+3.4bp), Portugal 3.081% (+1.4bp); Spain 3.285% (+4.1bp) and UK Gilts 4.160% (+3.23bp)

The above data was collected around 14:16 EST.