The German Bunds & War
Geopolitics surrounding Ukraine and NATO’s push for war are set to disrupt the fiscal consolidation efforts in Europe. At the same time, growth challenges call for much more significant investment [...]
Market Talk – March 5, 2025
ASIA:
The major Asian stock markets had a mixed day today:
• NIKKEI 225 increased 87.06 points or 0.23% to 37,418.24
• Shanghai increased 17.75 points or 0.53% to 3,341.96
• Hang Seng increased 652.44 points or 2.84% to 23,594.21
• ASX 200 decreased 57.00 points or -0.70% to 8,141.10
• SENSEX increased 740.30 points or 1.01% to 73,730.23
• Nifty50 increased 254.65 points or 1.15% to 22,337.30
The major Asian currency markets had a mixed day today:
• AUDUSD increased 0.00477 or 0.76% to 0.63197
• NZDUSD increased 0.00903 or 1.61% to 0.57113
• USDJPY decreased 1.065 or -0.71% to 148.707
• USDCNY decreased 0.01552 or -0.21% to 7.23768
The above data was collected around 12:39 EST.
Precious Metals:
• Gold increased 3.1 USD/t oz. or 0.11% to 2,917.48
• Silver increased 0.567 USD/t. oz. or 1.77% to 32.484
The above data was collected around 12:41 EST.
EUROPE/EMEA:
The major Europe stock markets had a mixed day today:
• CAC 40 increased 125.83 points or 1.56% to 8,173.75
• FTSE 100 decreased 3.16 points or -0.04% to 8,755.84
• DAX 30 increased 754.22 points or 3.38% to 23.081.03
The major Europe currency markets had a green day today:
• EURUSD increased 0.01592 or 1.50% to 1.07852
• GBPUSD increased 0.00844 or 0.66% to 1.28789
• USDCHF increased 0.00115 or 0.13% to 0.89075
The above data was collected around 12:48 EST.
US/AMERICAS:
US Market Closings:
- Dow advanced 485.36 points or 1.14% to 43,006.35
- S&P 500 advanced 64.37 points or 1.11% to 5,842.52
- Nasdaq advanced 267.57 points or 1.46% to 18,552.73
- Russell 2000 advanced 22.48 points or 1.08% to 2,102.02
Canada Market Closings:
- TSX Composite advanced 303.36 points or 1.23% to 24,875.36
- TSX 60 advanced 16.19 points or 1.09% to 1,497.86
Brazil Market Closing:
- Bovespa advanced 399.87 points or 0.33% to 123,198.96
ENERGY:
The oil markets had a mixed day today:
• Crude Oil decreased 2.289 USD/BBL or -3.35% to 65.971
• Brent decreased 2.075 USD/BBL or -2.92% to 68.966
• Natural gas increased 0.0444 USD/MMBtu or 1.02% to 4.3944
• Gasoline decreased 0.0614 USD/GAL or -2.82% to 2.1163
• Heating oil decreased 0.0452 USD/GAL or -2.00% to 2.2190
The above data was collected around 12:51 EST.
• Top commodity gainers: Copper (5.08%), Lean Hogs (3.46%), Zinc (2.23%) and Cotton (5.58%)
• Top commodity losers: Crude Oil (-3.35%), Milk (-9.24%), Oat (-5.04%) and Cocoa (-3.14%)
The above data was collected around 12:57 EST.
BONDS:
Japan 1.4460% (+2.05bp), US 2’s 3.98% (-0.025%), US 10’s 4.2790% (+3.1bps); US 30’s 4.57% (+0.034%), Bunds 2.8010% (+32.15bp), France 3.491% (+26.2bp), Italy 3.8330% (+26.95bp), Turkey 25.86% (-4bp), Greece 3.581% (+27.1bp), Portugal 3.287% (+23.3bp); Spain 3.456% (+28.25bp) and UK Gilts 4.6480% (+14.72bp)
The above data was collected around 13:00 EST.
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