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 – March 27, 2025
ASIA:
The major Asian stock markets had a mixed day today:
• NIKKEI 225 decreased 227.32 points or -0.60% to 37,799.97
• Shanghai increased 5.05 points or 0.15% to 3,373.75
• Hang Seng increased 95.48 points or 0.41% to 23,578.80
• ASX 200 decreased 30.00 points or -0.38% to 7,969.00
• SENSEX increased 317.93 points or 0.41% to 77,606.43
• Nifty50 increased 105.10 points or 0.45% to 23,591.95
The major Asian currency markets had a mixed day today:
• AUDUSD increased 0.00043 or 0.07% to 0.63025
• NZDUSD increased 0.00132 or 0.23% to 0.57418
• USDJPY increased 0.5 or 0.33% to 151.074
• USDCNY decreased 0.00953 or -0.13% to 7.26982
The above data was collected around 13:30 EST.
Precious Metals:
• Gold increased 28.61 USD/t oz. or 0.95% to 3,049.98
• Silver increased 0.645 USD/t. oz. or 1.92% to 34.300
The above data was collected around 13:33 EST.
EUROPE/EMEA:
The major Europe stock markets had a negative day today:
• CAC 40 decreased 40.57 points or -0.51% to 7,990.11
• FTSE 100 decreased 23.47 points or -0.27% to 8,666.12
• DAX 30 decreased 160.29 points or -0.70% to 22.678.74
The major Europe currency markets had a mixed day today:
• EURUSD increased 0.00424 or 0.39% to 1.07963
• GBPUSD increased 0.00684 or 0.53% to 1.29571
• USDCHF decreased 0.00189 or -0.21% to 0.88195
The above data was collected around 13:38 EST.
US/AMERICAS:
US Market Closings:
- Dow declined 155.09 points or -0.37% to 42,299.7
- S&P 500 declined 18.89 points or -0.33% to 5,693.31
- Nasdaq declined 94.98 points or -0.53% to 17,804.03
- Russell 2000 declined 8.14 points or -0.39% to 2,065.69
Canada Market Closings:
- TSX Composite remained unchanged at 25,161.06
- TSX 60 declined 0.57 of a point or -0.04% to 1,510.81
Brazil Market Closing:
- Bovespa advanced 524.87 points or 0.4% to 133,044.5
ENERGY:
The oil markets had a mixed day today:
• Crude Oil increased 0.105 USD/BBL or 0.15% to 69.755
• Brent increased 0.032 USD/BBL or 0.04% to 73.822
• Natural gas increased 0.0681 USD/MMBtu or 1.76% to 3.9401
• Gasoline increased 0.0039 USD/GAL or 0.17% to 2.2350
• Heating oil decreased 0.0093 USD/GAL or -0.41% to 2.2794
The above data was collected around 13:40 EST.
• Top commodity gainers: Rubber (2.51%), Palladium (2.00%), Cheese (7.62%) and Rice (1.98%)
• Top commodity losers: Coffee (-3.16%), Orange Juice (-5.63%), Lead (-2.28%) and Copper (-2.38%)
The above data was collected around 13:45 EST.
BONDS:
Japan 1.5920% (+0.52bp), US 2’s 4.00% (-0.004%), US 10’s 4.3690% (+3.1bps); US 30’s 4.73% (+0.042%), Bunds 2.7710% (-1.9bp), France 3.4670% (-2bp), Italy 3.8800% (-1.4bp), Turkey 31.08% (+94bp), Greece 3.641% (-0.2bp), Portugal 3.273% (-3.2bp); Spain 3.393% (-2.1bp) and UK Gilts 4.7900% (+5.9bp)
The above data was collected around 13:57 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 [...]
