Tariffs are NOT Reciprocal
How did the Trump Administration come up with these tariff rates? Why would a nation like Madagascar, for example, with a small economy, be hit with a 47% tariff? Reciprocal [...]
Market Talk – February 13, 2025
ASIA:
The major Asian stock markets had a mixed day today:
• NIKKEI 225 increased 497.77 points or 1.28% to 39,461.47
• Shanghai decreased 13.90 points or -0.42% to 3,332.48
• Hang Seng decreased 43.55 points or -0.20% to 21,814.37
• ASX 200 increased 4.70 points or 0.06% to 8,540.00
• SENSEX decreased 32.11 points or -0.04% to 76,138.97
• Nifty50 decreased 13.85 points or -0.06% to 23,031.40
The major Asian currency markets had a mixed day today:
• AUDUSD increased 0.00088 or 0.14% to 0.62883
• NZDUSD decreased 0.00122 or -0.22% to 0.56473
• USDJPY decreased 1.151 or -0.75% to 153.261
• USDCNY decreased 0.01772 or -0.24% to 7.29333
The above data was collected around 13:34 EST.
Precious Metals:
• Gold increased 20.75 USD/t oz. or 0.71% to 2,926.69
• Silver increased 0.045 USD/t. oz. or 0.14% to 32.324
The above data was collected around 14:17 EST.
EUROPE/EMEA:
The major Europe stock markets had a mixed day today:
• CAC 40 increased 121.92 points or 1.52% to 8,164.11
• FTSE 100 decreased 42.72 points or -0.49% to 8,764.72
• DAX 30 increased 463.99 points or 2.09% to 22,612.02
The major Europe currency markets had a mixed day today:
• EURUSD increased 0.0055 or 0.53% to 1.04375
• GBPUSD increased 0.00959 or 0.77% to 1.25409
• USDCHF decreased 0.0098 or -1.07% to 0.90385
The above data was collected around 14:20 EST.
US/AMERICAS:
US Market Closings:
- Dow advanced 342.87 points or 0.77% to 44,711.43
- S&P 500 advanced 63.1 points or 1.04% to 6,115.07
- Nasdaq advanced 295.69 points or 1.5% to 19,945.64
- Russell 2000 advanced 26.3 points or 1.17% to 2,282.18
Canada Market Closings:
- TSX Composite advanced 135.4 points or 0.53% to 25,698.51
- TSX 60 advanced 9.57 points or 0.62% to 1,547.19
Brazil Market Closing:
- Bovespa advanced 416.81 points or 0.34% to 124,797.02
ENERGY:
The oil markets had a mixed day today:
• Crude Oil decreased 0.063 USD/BBL or -0.09% to 71.308
• Brent decreased 0.226 USD/BBL or -0.30% to 74.954
• Natural gas increased 0.0611 USD/MMBtu or 1.71% to 3.6261
• Gasoline increased 0.0366 USD/GAL or 1.77% to 2.1088
• Heating oil increased 0.0037 USD/GAL or 0.15% to 2.4481
The above data was collected around 14:23 EST.
• Top commodity gainers: Gasoline (1.77%), Sugar (2.03%), Cocoa (3.01%) and Palladium (3.36%)
• Top commodity losers: Orange Juice (-5.29%), Palm Oil (-1.47%), Wool (-1.89%) and Methanol (-1.56%)
The above data was collected around 14:30 EST.
BONDS:
Japan 1.3500% (+0.32bp), US 2’s 4.31% (-0.048%), US 10’s 4.5450% (-8.4bps); US 30’s 4.73% (-0.109%), Bunds 2.4195% (-5.85bp), France 3.109% (-8.6bp), Italy 3.4910% (-7.15bp), Turkey 26.45% (-34bp), Greece 3.250% (-7bp), Portugal 2.930% (-5.8bp); Spain 3.079% (-6.6bp) and UK Gilts 4.5010% (-3.68bp)
The above data was collected around 14:32 EST.
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ASIA: The major Asian stock markets had a negative day today: • NIKKEI 225 decreased 989.94 points or -2.77% to 34,735.93 • Shanghai decreased 8.12 points or -0.24% to 3,342.01 [...]
