Market Talk – July 25, 2024

ASIA:

The major Asian stock markets had a negative day today:

• NIKKEI 225 decreased 1,285.34 points or -3.28% to 37,869.51
• Shanghai decreased 15.21 points or -0.52% to 2,886.74
• Hang Seng decreased 289.14 points or -1.67% to 17,021.91
• ASX 200 decreased 102.50 points or -1.29% to 7,861.20
• KOSPI decreased 48.06 points or -1.74% to 2,710.65
• SENSEX decreased 109.08 points or -0.14% to 80,039.80
• Nifty50 decreased 7.40 points or -0.03% to 24,406.10

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00203 or -0.31% to 0.65533
• NZDUSD decreased 0.00231 or -0.39% to 0.59023
• USDJPY increased 0.22 or 0.14% to 154.136
• USDCNY decreased 0.025 or -0.34% to 7.24417

The above data was collected around 12:48 EST.

Precious Metals:

•  Gold decreased 37.17 USD/t oz. or -1.55% to 2,361.53
•  Silver decreased 0.99 USD/t. oz. or -3.43% to 27.900

The above data was collected around 12:51 EST.

EUROPE/EMEA:

The major Europe stock markets had a mixed day today:

•  CAC 40 decreased 86.71 points or -1.15% to 7,427.02
•  FTSE 100 increased 32.66 points or 0.40% to 8,186.35
•  DAX 30 decreased 88.74 points or -0.48% to 18,298.72

The major Europe currency markets had a mixed day today:

• EURUSD increased 0.00251 or 0.23% to 1.08629
• GBPUSD decreased 0.00129 or -0.10% to 1.28849
• USDCHF decreased 0.00501 or -0.57% to 0.88010

The above data was collected around 13:01 EST.

US Market Closings:

• Dow advanced 0.2 of a point o 81.2 points to 39,935.07
• S&P 500 declined 27.91 points or -0.51% to 5,399.22
• Nasdaq declined 160.69 points or -0.93% to 17,181.72
• Russell 2000 advanced 27.61 points or 1.26% to 2,222.98

Canada Market Closings:

• TSX Composite declined 31.54 points or -0.14% to 22,608.03
• TSX 60 declined 1 point or -0.07% to 1,350.62

Brazil Market Closing:

• Bovespa declined 466.81 points or -0.37% to 125,955.92

ENERGY:

The oil markets had a mixed day today:

•  Crude Oil increased 0.562 USD/BBL or 0.72% to 78.152
•  Brent increased 0.354 USD/BBL or 0.43% to 82.064
•  Natural gas decreased 0.0481 USD/MMBtu or -2.27% to 2.0689
•  Gasoline increased 0.0189 USD/GAL or 0.77% to 2.4613
•  Heating oil increased 0.0194 USD/GAL or 0.79% to 2.4648

The above data was collected around 13:03 EST.

•  Top commodity gainers: Lumber (2.32%), Coffee (1.07%), Cotton (1.12%) and Sugar (3.82%)
•  Top commodity losers: Cocoa (-4.41%), Corn (-3.00%), Natural Gas (-2.27%) and Silver (-3.43%)

The above data was collected around 13:08 EST.

BONDS:

Japan 1.0750% (-0.25bp), US 2’s 4.43% (-0.016%), US 10’s 4.237% (-5.6bps); US 30’s 4.48% (-0.067%), Bunds 2.4265% (-1.55bp), France 3.119% (-2.8bp), Italy 3.7820% (-1.6bp), Turkey 28.250% (+23.5bp), Greece 3.487% (+0.2bp), Portugal 3.062% (-3bp); Spain 3.251% (-3.65bp) and UK Gilts 4.137% (-2.27bp)

The above data was collected around 13:15 EST.