Market Talk – August 8, 2024

ASIA:

The major Asian stock markets had mixed day today:

• NIKKEI 225 decreased 258.47 points or -0.74% to 34,831.15
• Shanghai increased 0.07 points or 0.00% to 2,869.90
• Hang Seng increased 13.97 points or 0.08% to 16,891.83
• ASX 200 decreased 17.80 points or -0.23% to 7,682.00
• Kospi decreased 11.68 points or -0.45% to 2,556.73
• SENSEX decreased 581.79 points or -0.73% to 78,886.22
• Nifty50 decreased 180.50 points or -0.74% to 24,117.00

The major Asian currency markets had a green day today:

• AUDUSD increased 0.00700 or 1.08% to 0.65885
• NZDUSD increased 0.00190 or 0.31% to 0.60056
• USDJPY increased 1.042 or 0.71% to 147.325
• USDCNY increased 0.01820 or 0.25% to 7.18192

The above data was collected around 13:45 EST.

Precious Metals:

•  Gold increased 36.61 USD/t oz. or 1.54% to 2,421.40
•  Silver increased 0.873 USD/t. oz or 3.28% to 27.521

The above data was collected around 13:47 EST.

EUROPE/EMEA:

The major Europe stock markets had a mixed day today:

•  CAC 40 decreased 18.56 points or -0.26% to 7,247.45
•  FTSE 100 decreased 21.91 points, or -0.27% to 8,144.97
•  DAX 30 increased 65.25 points or 0.37% to 17,680.40

The major Europe currency markets had a mixed day today:

• EURUSD decreased 0.00154 or -0.14% to 1.09120
• GBPUSD increased 0.00595 or 0.47% to 1.27418
• USDCHF increased 0.00699 or 0.81% to 0.86660

The above data was collected around 13:51 EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 683.04 points or 1.76% to 39,446.49
• S&P 500 declined advanced 119.81 points or 2.3% to 5,319.31
• Nasdaq declined advanced 464.21 points or 2.87% to 16,660.02
• Russell 2000 advanced 49.32 points or 2.42% to 2,084.43

Canada Market Closings:

• TSX Composite advanced 344.66 points or 1.58% to 22,225.61
• TSX 60 advanced 21.45 points or 1.63% to 1,334.33

Brazil Market Closing:

• Bovespa  advanced 1,059.15 points or 0.83% to 128,573.03

ENERGY:

The oil markets had a green day today:

•  Crude Oil increased 1.101 USD/BBL or 1.46% to 76.331
•  Brent increased 0.921 USD/BBL or 1.18% to 79.251
•  Natural gas increased 0.0132 USD/MMBtu or 0.62% to 2.1252
•  Gasoline increased 0.0407 USD/GAL or 1.72% to 2.4035
•  Heating oil increased 0.0064 USD/GAL or 0.27% to 2.3600

The above data was collected around 13:56 EST.

•   Top commodity gainers: Silver (3.28%), Sugar (2.39%), Zinc (2.50%), and Palladium (4.70%)
•   Top commodity losers: Corn (-5.15%), Cocoa (-3.97%), Rice (-1.15%), and Lumber (-1.94%)

The above data was collected around 14:00 EST.

BONDS:

Japan 0.8330%(-4.73bp), US 2’s 4.08% (+0.107%), US 10’s 4.0220%(+6.8bps); US 30’s 4.31% (+0.060%), Bunds 2.2700% (-0.2bp), France 3.009% (-0.4bp), Italy 3.703% (-0.5bp), Turkey 28.390% (+4.5bp), Greece 3.358% (-3.6bp), Portugal 2.927% (+1.4bp), Spain 3.126% (-0.1bp) and UK Gilts 3.981% (+2.7bp).