CBO Issues Dire Forecast for US Debt
The US Congressional Budget Office is warning that the federal deficit has hit a point of no return. It is far too late to cut wasteful government spending. Politicians have [...]
Market Talk – February 19, 2025
ASIA:
The major Asian stock markets had a mixed day today:
• NIKKEI 225 decreased 105.79 points or -0.27% to 39,164.61
• Shanghai increased 27.05 points or 0.81% to 3,351.54
• Hang Seng decreased 32.57 points or -0.14% to 22,944.24
• ASX 200 decreased 61.80 points or -0.73% to 8,419.20
• SENSEX decreased 28.21 points or -0.04% to 75,939.18
• Nifty50 decreased 12.40 points or -0.05% to 22,932.90
The major Asian currency markets had a mixed day today:
• AUDUSD decreased 0.00025 or -0.04% to 0.63510
• NZDUSD increased 0.00065 or 0.11% to 0.57065
• USDJPY decreased 0.614 or -0.40% to 151.451
• USDCNY increased 0.00812 or 0.11% to 7.28377
The above data was collected around 14:22 EST.
Precious Metals:
• Gold decreased 4.6 USD/t oz. or -0.16% to 2,929.22
• Silver decreased 0.128 USD/t. oz. or -0.39% to 32.764
The above data was collected around 14:29 EST.
EUROPE/EMEA:
The major Europe stock markets had a negative day today:
• CAC 40 decreased 96.02 points or -1.17% to 8,110.54
• FTSE 100 decreased 54.20 points or -0.62% to 8,712.53
• DAX 30 decreased 410.87 points or -1.80% to 22,433.63
The major Europe currency markets had a mixed day today:
• EURUSD decreased 0.00194 or -0.19% to 1.04266
• GBPUSD decreased 0.00282 or -0.22% to 1.25843
• USDCHF increased 0.00024 or 0.03% to 0.90354
The above data was collected around 14:33 EST.
US/AMERICAS:
US Market Closings:
- Dow advanced 71.25 points or 0.16% to 44,627.59
- S&P 500 advanced 14.57 points or 0.24% to 6,144.15
- Nasdaq advanced 14.99 points or 0.07% to 20,056.25
- Russell 2000 declined 7.9 points or -0.34% to 2,282.46
Canada Market Closings:
- TSX Composite declined 22.68 points or -0.09% to 25,626.16
- TSX 60 declined 1.97 points or 0.13% to 1,540.97
Brazil Market Closing:
Bovespa declined 1,222.91 points or -0.95% to
ENERGY:
The oil markets had a mixed day today:
• Crude Oil increased 0.357 USD/BBL or 0.50% to 72.187
• Brent increased 0.229 USD/BBL or 0.30% to 76.039
• Natural gas increased 0.2697 USD/MMBtu or 6.72% to 4.2837
• Gasoline decreased 0.0031 USD/GAL or -0.15% to 2.0862
• Heating oil increased 0.0233 USD/GAL or 0.96% to 2.4569
The above data was collected around 14:36 EST.
• Top commodity gainers: Natural Gas (6.72%), Palm Oil (4.15%), Sugar (1.03%) and Cheese (1.43%)
• Top commodity losers: Orange Juice (-3.70%), Wheat (-2.14%), Lean Hogs (-3.81%) and Cotton (-2.02%)
The above data was collected around 14:43 EST.
BONDS:
Japan 1.4400% (+0.4bp), US 2’s 4.28% (-0.034%), US 10’s 4.5380% (-1.8bps); US 30’s 4.77% (-0.012%), Bunds 2.5555% (+6.5bp), France 3.242% (+8.4bp), Italy 3.6460% (+10.1bp), Turkey 26.04% (-3bp), Greece 3.400% (+9bp), Portugal 3.07% (+5.8bp); Spain 3.226% (+7.2bp) and UK Gilts 4.6130% (+5.36bp)
The above data was collected around 14:45 EST.
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