Bloomberg Joins CNN, MSNBC & the Rest Fake News
COMMENT: I wanted to throw my two cents into this tariff mess. I have lost all respect for Bloomberg. They are the fake news. The political bias dominates all of [...]
Market Talk – March 7, 2025
ASIA:
The major Asian stock markets had a mixed day today:
• NIKKEI 225 decreased 817.76 points or -2.17% to 36,887.17
• Shanghai decreased 8.55 points or -0.25% to 3,372.55
• Hang Seng decreased 138.41 points or -0.57% to 24,231.30
• ASX 200 decreased 146.50 points or -1.81% to 7,948.20
• SENSEX decreased 7.51 points or -0.01% to 74,332.58
• Nifty50 increased 7.80 points or 0.03% to 22,552.50
The major Asian currency markets had a mixed day today:
• AUDUSD decreased 0.00224 or -0.35% to 0.63106
• NZDUSD decreased 0.00307 or -0.53% to 0.57123
• USDJPY increased 0.048 or 0.03% to 148.032
• USDCNY increased 0.00031 or 0.00% to 7.24396
The above data was collected around 15:30 EST.
Precious Metals:
• Gold decreased 2.41 USD/t oz. or -0.08% to 2,907.93
• Silver decreased 0.117 USD/t. oz. or -0.36% to 32.500
The above data was collected around 15:33 EST.
EUROPE/EMEA:
The major Europe stock markets had a negative day today:
• CAC 40 decreased 76.87 points or -0.94% to 8,120.80
• FTSE 100 decreased 2.96 points or -0.03% to 8,679.88
• DAX 30 decreased 410.54 points or -1.75% to 23.008.94
The major Europe currency markets had a mixed day today:
• EURUSD increased 0.00631 or 0.59% to 1.08471
• GBPUSD increased 0.0045 or 0.35% to 1.29245
• USDCHF decreased 0.00463 or -0.52% to 0.87962
The above data was collected around 15:37 EST.
US/AMERICAS:
US Market Closings:
- Dow advanced 222.64 points or 0.52% to 42,801.72
- S&P 500 advanced 31.68 points or 0.55% to 5,770.2
- Nasdaq advanced 126.97 points or 0.7% to 18,196.22
- Russell 2000 advanced 8.93 points or 0.43% to 2,075.49
Canada Market Closings:
- TSX Composite advanced 174.72 points or 0.71% to 24,758.76
- TSX 60 advanced 10.38 points or 0.7% to 1,492.02
Brazil Market Closing:
- Bovespa advanced 1,895.75 points or 1.54% to 125,253.3
ENERGY:
The oil markets had a mixed day today:
• Crude Oil increased 0.665 USD/BBL or 1.00% to 67.025
• Brent increased 0.855 USD/BBL or 1.23% to 70.315
• Natural gas increased 0.0898 USD/MMBtu or 2.09% to 4.3918
• Gasoline increased 0.0047 USD/GAL or 0.22% to 2.1070
• Heating oil decreased 0.0016 USD/GAL or -0.07% to 2.2109
The above data was collected around 15:38 EST.
• Top commodity gainers: Palm Oil (3.53%), Live Cattle (2.18%), Rhodium (6.64%) and Cotton (7.30%)
• Top commodity losers: Rapeseed (-1.83%), Copper (-2.04%), Oat (-5.23%) and Zinc (-1.71%)
The above data was collected around 15:45 EST.
BONDS:
Japan 1.5240% (+1.2bp), US 2’s 4.00% (+0.031%), US 10’s 4.3190% (+4.3bps); US 30’s 4.62% (+0.024%), Bunds 2.8495% (-3.5bp), France 3.552% (-1.6bp), Italy 3.9020% (-2.1bp), Turkey 25.78% (-8bp), Greece 3.630% (-7bp), Portugal 3.386% (-1.7bp); Spain 3.529% (+4.9bp) and UK Gilts 4.6030% (-1.87bp)
The above data was collected around 15:48 EST.
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