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Germany is on track to meet its climate change initiatives at the expense of its economy. To look at the overall health of the European Union, we may look directly [...]
Market Talk – January 3, 2025
ASIA:
The major Asian stock markets had a mixed day today:
• NIKKEI 225 decreased 386.62 points or -0.96% to 39,894.54
• Shanghai decreased 51.13 points or -1.57% to 3,211.43
• Hang Seng increased 136.95 points or 0.70% to 19,760.27
• ASX 200 increased 49.30 points or 0.60% to 8,250.50
• SENSEX decreased 773.15 points or -0.97% to 79,170.56
• Nifty50 decreased 183.90 points or -0.76% to 24,004.75
The major Asian currency markets had a mixed day today:
• AUDUSD increased 0.00154 or 0.25% to 0.62174
• NZDUSD increased 0.00184 or 0.33% to 0.56129
• USDJPY decreased 0.593 or -0.38% to 156.901
• USDCNY increased 0.01938 or 0.26% to 7.35963
The above data was collected around 12:15 EST.
Precious Metals:
• Gold decreased 16.55 USD/t oz. or -0.62% to 2,641.87
• Silver increased 0.152 USD/t. oz. or 0.51% to 29.686
The above data was collected around 12:17 EST.
EUROPE/EMEA:
The major Europe stock markets had a negative day today:
• CAC 40 decreased 111.54 points or -1.51% to 7,282.22
• FTSE 100 decreased 36.11 points or -0.44% to 8,223.98
• DAX 30 decreased 118.58 points or -0.59% to 19,906.08
The major Europe currency markets had a mixed day today:
• EURUSD increased 0.00338 or 0.33% to 1.03003
• GBPUSD increased 0.00423 or 0.34% to 1.24218
• USDCHF decreased 0.00329 or -0.36% to 0.90906
The above data was collected around 12:23 EST.
US/AMERICAS:
US Market Closings:
- Dow advanced 339.86 points or 0.8% to 42,732.13
- S&P 500 advanced 73.93 points or 1.26% to 5,942.48
- Nasdaq advanced 340.88 points or 1.77% to 19,621.68
- Russell 2000 advanced 36.8 points or 1.65% to 2,268.47
Canada Market Closings:
- TSX Composite advanced 175.51 points or 0.7% to 25,073.54
- TSX 60 advanced 11.25 points or 0.75% to 1,502.44 point
Brazil Market Closing:
- Bovespa declined 1,721.83 points or -1.43% to 118,403.56
ENERGY:
The oil markets had a mixed day today:
• Crude Oil increased 0.952 USD/BBL or 1.30% to 74.082
• Brent increased 0.613 USD/BBL or 0.81% to 76.543
• Natural gas decreased 0.2801 USD/MMBtu or -7.65% to 3.3799
• Gasoline increased 0.0073 USD/GAL or 0.36% to 2.0607
• Heating oil decreased 0.0057 USD/GAL or -0.24% to 2.3514
The above data was collected around 12:25 EST.
• Top commodity gainers: Copper (1.42%), Platinum (2.71%), Palm Oil (1.55%) and Palladium (1.35%)
• Top commodity losers: Rapeseed (-2.97%), Rubber (-3.05%), Wheat (-2.97%) and Natural Gas (-7.65%)
The above data was collected around 12:30 EST.
BONDS:
Japan 1.0940% (+0.05bp), US 2’s 4.26% (-0.006%), US 10’s 4.5750% (+0.7bps); US 30’s 4.80% (+0.010%), Bunds 2.4175% (+5.1bp), France 3.287% (+6.8bp), Italy 3.5830% (+5.3bp), Turkey 26.81% (-3bp), Greece 3.216% (+2.6bp), Portugal 2.900% (+6.3bp); Spain 3.102% (+5.2bp) and UK Gilts 4.5970% (-0.28bp)
The above data was collected around 12:35 EST.
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