Market Talk – August 5, 2024

Market Talk 2017

ASIA:
The major Asian stock markets had a negative day today:
• NIKKEI 225 decreased 4,451.28 points or -12.40% to 31,458.42
• Shanghai decreased 44.64 points or -1.54% to 2,860.70
• Hang Seng decreased 247.15 points or -1.46% to 16,698.36
• ASX 200 decreased 293.60 points or -3.70% to 7,649.60
• KOSPI decreased 234.64 points or -8.77% to 2,441.55
• SENSEX decreased 2,222.55 points or -2.74% to 78,759.40
• Nifty50 decreased 662.10 points or -2.68% to 24,055.60
The major Asian currency markets had a negative day today:
• AUDUSD decreased 0.00231 or -0.35% to 0.64864
• NZDUSD decreased 0.00275 or -0.46% to 0.59284
• USDJPY decreased 2.965 or -2.02% to 143.531
• USDCNY decreased 0.02785 or -0.39% to 7.13243
The above data was collected around 15:15 EST.
Precious Metals:
•  Gold decreased 33.88 USD/t oz. or -1.39% to 2,408.92
•  Silver decreased 1.447 USD/t. oz. or -5.07% to 27.117
The above data was collected around 15:17 EST.
EUROPE/EMEA:
The major Europe stock markets had a negative day today:
•  CAC 40 decreased 102.81 points or -1.42% to 7,148.99
•  FTSE 100 decreased 166.48 points or -2.04% to 8,008.23
•  DAX 30 decreased 322.22 points or -1.82% to 17,339.00
The major Europe currency markets had a mixed day today:
• EURUSD increased 0.00395 or 0.36% to 1.09496
• GBPUSD decreased 0.00376 or -0.29% to 1.27630
• USDCHF decreased 0.00614 or -0.72% to 0.85115
The above data was collected around 15:28 EST.

US/AMERICAS:

US Market Closings:

  • Dow declined 1,033.99 points or -2.6% to 38,703.27
  • S&P 500 declined 160.23 points or -3% to 5,186.33
  • Nasdaq declined 576.08 points or -3.43% to 16,200.08
  • Russell 2000 declined 70.15 points or -3.33% to 2,039.16

 

Canada Market Closings:

  • TSX Composite declined 495.58 points or -2.18% to 22,227.63
  • TSX 60 declined 28.14 points or -2.07% to 1,329.97

 

Brazil Market Closing:

  • Bovespa declined 638.06 points or -0.51% to 125,216.03
ENERGY:
The oil markets had a mixed day today:
•  Crude Oil decreased 0.084 USD/BBL or -0.11% to 73.436
•  Brent increased 0.042 USD/BBL or 0.05% to 76.852
•  Natural gas decreased 0.0277 USD/MMBtu or -1.41% to 1.9393
•  Gasoline increased 0.0177 USD/GAL or 0.76% to 2.3442
•  Heating oil decreased 0.0211 USD/GAL or -0.91% to 2.3093
The above data was collected around 15:36 EST.
•  Top commodity gainers: HRC Steel (1.32%), Soybeans (1.27%), Cocoa (6.95%) and Rice (2.01%)
•  Top commodity losers: Potatoes (-5.35%), Palladium (-5.70%), Platinum (-5.03%) and Silver (-5.07%)
The above data was collected around 15:53 EST.
BONDS:
Japan 0.7540% (-20.49bp), US 2’s 3.89% (-0.005%), US 10’s 3.7620% (-3.1bps); US 30’s 4.05% (-0.059%), Bunds 2.1720% (+1.2bp), France 2.978% (+2.1bp), Italy 3.6850% (+5.8bp), Turkey 28.320% (+228bp), Greece 3.327% (+2.3bp), Portugal 2.840% (-2.1bp); Spain 3.050% (-0.8bp) and UK Gilts 3.8680% (+3.04bp)
The above data was collected around 15:56 EST.

Latest Posts

How does Silver Act During War?

COMMENT: You are wrong. Silver did not decline during World War II. TH   ANSWER: I think you misunderstood what I said. It is not that silver declined in price [...]
Read more