Bitcoin the International Commodity
COMMENT: Mr. Armstrong, I am a newcomer. I watched your WEC virtually. It was very eye-opening. I also want to thank you for Socrates and for covering Bitcoin. Your service [...]
Market Talk – August 22, 2024
ASIA:
The major Asian stock markets had a mixed day today:
• NIKKEI 225 increased 259.21 points or 0.68% to 38,211.01
• Shanghai decreased 7.81 points or -0.27% to 2,848.77
• Hang Seng increased 249.99 points or 1.44% to 17,641.00
• ASX 200 increased 16.50 points or 0.21% to 8,027.00
• KOSPI increased 6.54 points or 0.24% to 2,707.67
• SENSEX increased 147.89 points or 0.18% to 81,053.19
• Nifty50 increased 41.30 points or 0.17% to 24,811.50
The major Asian currency markets had a mixed day today:
• AUDUSD decreased 0.00408 or -0.60% to 0.67085
• NZDUSD decreased 0.00210 or -0.34% to 0.61410
• USDJPY increased 1.082 or 0.75% to 146.205
• USDCNY increased 0.01559 or 0.22% to 7.14592
The above data was collected around 15:14 EST.
Precious Metals:
• Gold decreased 30.58 USD/t oz. or -1.22% to 2,482.16
• Silver decreased 0.649 USD/t. oz. or -2.19% to 28.954
The above data was collected around 15:16 EST.
EUROPE/EMEA:
The major Europe stock markets had a mixed day today:
• CAC 40 decreased 0.61 points or -0.01% to 7,524.11
• FTSE 100 increased 4.57 points or 0.06% to 8,288.00
• DAX 30 increased 44.44 points or 0.24% to 18,493.39
The major Europe currency markets had a mixed day today:
• EURUSD decreased 0.00441 or -0.40% to 1.11108
• GBPUSD decreased 0.00019 or -0.01% to 1.30905
• USDCHF increased 0.00071 or 0.08% to 0.85185
The above data was collected around 15:20 EST.
US/AMERICAS:
US Market Closings:
- Dow declined 177.71 points or -0.43% to 40,712.78
- S&P 500 declined 50.21 points or -0.89% to 5,570.64
- Nasdaq declined 299.63 points or 1.67% to 17,619.35
- Russell 2000 declined 20.53 points or -0.95% to 2,150.03
Canada Market Closings:
- TSX Composite declined 84.26 points or -0.36% to 23,037.47
- TSX 60 declined 4.08 points or -0.29% to 1,380.44
Brazil Market Closing:
- Bovespa declined 1,493 points or -1.09% to 134,970.65
ENERGY:
The oil markets had a mixed day today:
• Crude Oil increased 0.919 USD/BBL or 1.28% to 72.849
• Brent increased 0.942 USD/BBL or 1.24% to 76.992
• Natural gas decreased 0.1213 USD/MMBtu or -5.57% to 2.0557
• Gasoline increased 0.0378 USD/GAL or 1.72% to 2.2364
• Heating oil increased 0.0155 USD/GAL or 0.69% to 2.2636
The above data was collected around 15:23 EST.
• Top commodity gainers: Lumber (2.07%), Orange Juice (4.28%), Oat (5.05%) and Lean Hogs (4.40%)
• Top commodity losers: Cheese (-7.46%), Corn (-6.81%), Steel (-3.46%) and Natural Gas (-5.57%)
The above data was collected around 15:29 EST.
BONDS:
Japan 0.8800% (+1.37bp), US 2’s 4.02% (+0.073%), US 10’s 3.8610% (+5.6bps); US 30’s 4.13% (+0.053%), Bunds 2.2525% (+5.15bp), France 2.950% (+4.2bp), Italy 3.6220% (+5.7bp), Turkey 28.500% (-22.5bp), Greece 3.281% (-0.1bp), Portugal 2.841% (+4.1bp); Spain 3.045% (+3.6bp) and UK Gilts 3.9620% (+6.85bp)
The above data was collected around 15:32 EST.
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