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 – March 28, 2025
ASIA:
The major Asian stock markets had a mixed day today:
• NIKKEI 225 decreased 679.64 points or -1.80% to 37,120.33
• Shanghai decreased 22.44 points or -0.67% to 3,351.31
• Hang Seng decreased 152.20 points or -0.65% to 23,426.60
• ASX 200 increased 13.00 points or 0.16% to 7,982.00
• SENSEX decreased 191.51 points or -0.25% to 77,414.92
• Nifty50 decreased 72.60 points or -0.31% to 23,519.35
The major Asian currency markets had a mixed day today:
• AUDUSD decreased 0.00162 or -0.26% to 0.62866
• NZDUSD decreased 0.00228 or -0.40% to 0.57162
• USDJPY decreased 1.09 or -0.72% to 149.955
• USDCNY increased 0.00012 or 0.00% to 7.26842
The above data was collected around 14:46 EST.
Precious Metals:
• Gold increased 21.83 USD/t oz. or 0.71% to 3,077.49
• Silver decreased 0.45 USD/t. oz. or -1.31% to 33.976
The above data was collected around 14:50 EST.
EUROPE/EMEA:
The major Europe stock markets had a negative day today:
• CAC 40 decreased 74.03 points or -0.93% to 7,916.08
• FTSE 100 decreased 7.27 points or -0.08% to 8,658.85
• DAX 30 decreased 217.22 points or -0.96% to 22.461.52
The major Europe currency markets had a mixed day today:
• EURUSD increased 0.00225 or 0.21% to 1.08240
• GBPUSD decreased 0.00117 or -0.09% to 1.29372
• USDCHF increased 0.00022 or 0.02% to 0.88190
The above data was collected around 14:53 EST.
US/AMERICAS:
US Market Closings:
- Dow declined 715.8 or -1.69% to 41,583.9
- S&P 500 declined 112,37 points or -1.97% to 5,580.94
- Nasdaq declined 481.04 points or -2.7% to 17,322.99
- Russell 2000 declined 42.42 points or -2.05% to 2,2023.27
Canada Market Closings:
- TSX Composite declined 401.91 points or -1.6% to 24,759.15
- TSX 60 declined 25.03 points or 1.66% to 1,485.78
Brazil Market Closing:
- Bovespa declined 1,179.7 points or -0.89% to 131,969.05
ENERGY:
The oil markets had a mixed day today:
• Crude Oil decreased 0.676 USD/BBL or -0.97% to 69.244
• Brent decreased 0.445 USD/BBL or -0.60% to 73.585
• Natural gas increased 0.1311 USD/MMBtu or 3.34% to 4.0561
• Gasoline decreased 0.0104 USD/GAL or -0.46% to 2.2313
• Heating oil decreased 0.0199 USD/GAL or -0.87% to 2.2611
The above data was collected around 14:53 EST.
• Top commodity gainers: Natural Gas (3.34%), Canola (2.09%), Palm Oil (2.48%) and Cocoa (0.99%)
• Top commodity losers: Rubber (-1.55%), Orange Juice (-5.47%), Oat (-1.57%) and Zinc (-1.46%)
The above data was collected around 15:00 EST.
BONDS:
Japan 1.5540% (-3.76bp), US 2’s 3.91% (-0.088%), US 10’s 4.2560% (-11bps); US 30’s 4.63% (-0.095%), Bunds 2.7290% (-4.45bp), France 3.4340% (-3.15bp), Italy 3.8480% (-2.9bp), Turkey 31.33% (+25bp), Greece 3.560% (-4bp), Portugal 3.241% (-2.9bp); Spain 3.357% (-3.55bp) and UK Gilts 4.7110% (-7.95bp)
The above data was collected around 15:02 EST.
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