Market Talk – July 31, 2024

ASIA:

The major Asian stock markets had a green day today:

• NIKKEI 225 increased 575.87 points or 1.49% to 39,101.82
• Shanghai increased 59.45 points or 2.06% to 2,938.75
• Hang Seng increased 341.69 points or 2.01% to 17,344.60
• ASX 200 increased 139.10 points or 1.75% to 8,092.30
• KOSPI increased 32.50 points or 1.19% to 2,770.69
• SENSEX increased 285.94 points or 0.35% to 81,741.34
• Nifty50 increased 93.85 points or 0.38% to 24,951.15

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00138 or -0.21% to 0.65264
• NZDUSD increased 0.00371 or 0.63% to 0.59396
• USDJPY decreased 1.759 or -1.15% to 150.899
• USDCNY decreased 0.0068 or -0.09% to 7.23542

The above data was collected around 14:24 EST.

Precious Metals:

•  Gold increased 14.06 USD/t oz. or 0.58% to 2,423.95
•  Silver increased 0.311 USD/t. oz. or 1.10% to 28.658

The above data was collected around 14:27 EST.

EUROPE/EMEA:

The major Europe stock markets had a green day today:

•  CAC 40 increased 56.55 points or 0.76% to 7,531.49
•  FTSE 100 increased 93.57 points or 1.13% to 8,367.98
•  DAX 30 increased 97.47 points or 0.53% to 18,508.65

The major Europe currency markets had a mixed day today:

• EURUSD increased 0.00016 or 0.01% to 1.08173
• GBPUSD increased 0.00039 or 0.03% to 1.28416
• USDCHF decreased 0.00169 or -0.19% to 0.88023

The above data was collected around 14:34 EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 99.46 points or 0.24% to 40,842.79
• S&P 500 advanced 85.86 points or 1.58% to 5,522.3
• Nasdaq advanced 451.98 points or 2.64% to 17,599.4
• Russell 2000 advanced 11.35 points or 0.51% to 2,2154.49

Canada Market Closings:

• TSX Composite advanced 286.14 points or 1.25% to 23,110.81
• TSX 60 advanced 16.9 points or 1.24% to 1,380.95

Brazil Market Closing:

• Bovespa advanced 1,332.4 points or 1.06% to 127,471.61

ENERGY:

The oil markets had a mixed day today:

•  Crude Oil increased 3.173 USD/BBL or 4.25% to 77.903
•  Brent increased 2.313 USD/BBL or 2.94% to 80.943
•  Natural gas decreased 0.0804 USD/MMBtu or -3.78% to 2.0460
•  Gasoline increased 0.085 USD/GAL or 3.60% to 2.4443
•  Heating oil increased 0.067 USD/GAL or 2.83% to 2.4375

The above data was collected around 14:39 EST.

•  Top commodity gainers: Crude Oil (4.25%), Aluminum (3.84%), Palladium (4.63%) and Rapeseed (7.30%)
•  Top commodity losers: Potatoes (-3.61%), Corn (-5.51%), Orange Juice (-1.05%) and Natural Gas (-3.78%)

The above data was collected around 14:50 EST.

BONDS:

Japan 1.0610% (+6.43bp), US 2’s 4.35% (-0.021%), US 10’s 4.1070% (-3.2bps); US 30’s 4.36% (-0.034%), Bunds 2.3055% (-3.65bp), France 3.013% (-4.4bp), Italy 3.6520% (-5.1bp), Turkey 28.570% (+26.5bp), Greece 3.351% (-2.9bp), Portugal 2.920% (-5.8bp); Spain 3.115% (-4.35bp) and UK Gilts 3.9700% (-7.98bp)

The above data was collected around 14:52 EST.