Market Talk – January 6, 2024

Market Talk 2017

ASIA:
The major Asian stock markets had a mixed day today:
• NIKKEI 225 decreased 587.49 points or -1.47% to 39,307.05
• Shanghai decreased 4.51 points or -0.14% to 3,206.92
• Hang Seng decreased 71.98 points or -0.36% to 19,688.29
• ASX 200 increased 6.90 points or 0.08% to 8,257.40
• SENSEX decreased 1,222.45 points or -1.54% to 78,000.66
• Nifty50 decreased 388.70 points or -1.62% to 23,616.05
The major Asian currency markets had a mixed day today:
• AUDUSD increased 0.00261 or 0.42% to 0.62401
• NZDUSD increased 0.00226 or 0.40% to 0.56366
• USDJPY increased 0.268 or 0.17% to 157.547
• USDCNY decreased 0.00896 or -0.12% to 7.34929
The above data was collected around 13:31 EST.
Precious Metals:
•  Gold decreased 1.28 USD/t oz. or -0.05% to 2,637.00
•  Silver increased 0.439 USD/t. oz. or 1.48% to 30.047
The above data was collected around 13:34 EST.
EUROPE/EMEA:
The major Europe stock markets had a green day today:
•  CAC 40 increased 163.47 points or 2.24% to 7,445.69
•  FTSE 100 increased 25.68 points or 0.31% to 8,249.66
•  DAX 30 increased 310.11 points or 1.56% to 20,216.19
The major Europe currency markets had a mixed day today:
• EURUSD increased 0.00739 or 0.72% to 1.03829
• GBPUSD increased 0.00888 or 0.71% to 1.25118
• USDCHF decreased 0.0039 or -0.43% to 0.90450
The above data was collected around 12:46 EST.

US/AMERICAS:

US Market Closings:

  • Dow declined 25.57 points or -0.06% to 42,706.56
  • S&P 500 advanced  32.91 points or 0.55% to 5,975.38
  • Nasdaq advanced 243.3 points or 1.24% to 19,864.98
  • Russell 2000 declined 1.81 points or -0.08% to 2,266.66

 

Canada Market Closings:

  • TSX Composite declined 73.75 points or -0.29% to 24,999.79
  • TSX 60 declined 4.1 points or -0.27% to 1,498.34

 

Brazil Market Closing:

  • Bovespa advanced 1,366.39 points or 1.15% to 119,899.07
ENERGY:
The oil markets had a mixed day today:
•  Crude Oil decreased 0.267 USD/BBL or -0.36% to 73.693
•  Brent decreased 0.2 USD/BBL or -0.26% to 76.310
•  Natural gas increased 0.3044 USD/MMBtu or 9.08% to 3.6584
•  Gasoline decreased 0.0209 USD/GAL or -1.02% to 2.0380
•  Heating oil decreased 0.0072 USD/GAL or -0.31% to 2.3484
The above data was collected around 12:49 EST.
•  Top commodity gainers: Natural Gas (9.08%), Wheat (2.43%), Rhodium (2.19%) and Oat (2.81%)
•  Top commodity losers: Sugar (-1.53%), Cocoa (-3.25%), Methanol (-2.51%) and Bitumen (-1.85%)
The above data was collected around 13:04 EST.
BONDS:
Japan 1.1290% (+3.5bp), US 2’s 4.28% (-0.010%), US 10’s 4.6270% (+2.5bps); US 30’s 4.84% (+0.027%), Bunds 2.4440% (+1.95bp), France 3.258% (-2.95bp), Italy 3.5730% (-1.9bp), Turkey 26.76% (-5bp), Greece 3.231% (+3.1bp), Portugal 2.911% (+0.5bp); Spain 3.105% (-0.05bp) and UK Gilts 4.6090% (+1.22bp)
The above data was collected around 13:08 EST.

 

Latest Posts

Canada Created its Own Trade Barriers

Stéfane Marion, chief economist of the National Bank of Canada, has urged the Canadian government to reconsider their own trade barriers amid criticism of Donald Trump’s proposed tariffs. The International [...]
Read more

US Population Rapidly Growing

The population of the United States grew by 1% to 340.1 million in 2024, according to the US Census Bureau, marking the largest population increase since 2000. The nation has [...]
Read more

China Eyes Vacant VW Factories

Germany’s failing auto sector may prove to be an integral power play for China, as Chinese OEMs are eyeing soon-to-be vacant Volkswagen (VW) factories. Volkswagen plans to close at least [...]
Read more

Inflation Soars in Russia

Russia’s CPI reached 9.5% this December as government spending has pulled the reigns away from the central bank. Inflation elevated from 8.9% YoY in November to 9.5%, slightly below expectations [...]
Read more