Market Talk – February 28, 2025

ASIA:

The major Asian stock markets had a negative day today:

• NIKKEI 225 decreased 1,100.67 points or -2.88% to 37,155.50

• Shanghai decreased 67.16 points or -1.98% to 3,320.90

• Hang Seng decreased 776.97 points or -3.28% to 22,941.32

• ASX 200 decreased 95.80 points or -1.16% to 8,172.40

• SENSEX decreased 1,414.33 points or -1.90% to 73,198.10

• Nifty50 decreased 420.35 points or -1.86% to 22,124.70

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00328 or -0.53% to 0.62032

• NZDUSD decreased 0.00448 or -0.79% to 0.55942

• USDJPY increased 0.696 or 0.46% to 150.511

• USDCNY decreased 0.00591 or -0.08% to 7.29524

The above data was collected around 15:54 EST.

Precious Metals:

•  Gold decreased 22.29 USD/t oz. or -0.78% to 2,853.31

•  Silver decreased 0.105 USD/t. oz. or -0.34% to 31.115

The above data was collected around 15:58 EST.

EUROPE/EMEA:

The major Europe stock markets had a green day today:

•  CAC 40 increased 9.11 points or 0.11% to 8,111.63

•  FTSE 100 increased 53.53 points or 0.61% to 8,809.74

•  DAX 30 increased 0.54 points or 0.00% to 22,551.43

The major Europe currency markets had a mixed day today:

• EURUSD decreased 0.00247 or -0.24% to 1.03733

• GBPUSD decreased 0.00211 or -0.17% to 1.25794

• USDCHF increased 0.00318 or 0.35% to 0.90288

The above data was collected around 16:02 EST.

US/AMERICAS:

US Market Closings:

• Dow advanced 601.41 points or 1.39% to 43,840.91
• S&P 500 advanced 92.93 points or 1.59% to 5,954.5
• Nasdaq advanced 302.86 points or 1.63% to 18,847.28
• Russell 2000 advanced 23.41 points or 1.09% to 2,163.07

 

Canada Market Closings:

• TSX Composite advanced 265.21 points or 1.06% to 25,393.45
• TSX 60 advanced 17.9 points or 1.18% to 1,532.18

 

Brazil Market Closing:

• Bovespa declined 1,917.29 points or -1.54% to 122,881.67

ENERGY:

The oil markets had a negative day today:

•  Crude Oil decreased 0.276 USD/BBL or -0.39% to 70.074

•  Brent decreased 0.471 USD/BBL or -0.64% to 73.099

•  Natural gas decreased 0.1011 USD/MMBtu or -2.57% to 3.8329

•  Gasoline decreased 0.0083 USD/GAL or -0.37% to 2.2335

•  Heating oil decreased 0.0705 USD/GAL or -2.94% to 2.3254

The above data was collected around 16:04 EST.

•  Top commodity gainers: Butter (2.80%), Palm Oil (1.29%), Soda Ash (2.60%) and Lumber (0.94%)

•  Top commodity losers: Potatoes (-8.15%), Live Cattle (-2.95%), Heating Oil (-2.94%) and Sugar (-5.85%)

The above data was collected around 16:16 EST.

BONDS:

Japan 1.3760% (-2.02bp), US 2’s 4.00% (-0.062%), US 10’s 4.2150% (-5bps); US 30’s 4.50% (-0.038%), Bunds 2.3850% (-2.85bp), France 3.144% (+0.45bp), Italy 3.4770% (-0.6bp), Turkey 25.97% (-10bp), Greece 3.240% (-2bp), Portugal 2.915% (-2.4bp); Spain 3.084% (-1.5bp) and UK Gilts 4.4850% (-2.93bp)

The above data was collected around 16:21 EST.