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 – February 14, 2025
ASIA:
The major Asian stock markets had a mixed day today:
• NIKKEI 225 decreased 312.04 points or -0.79% to 39,149.43
• Shanghai increased 14.24 points or 0.43% to 3,346.72
• Hang Seng increased 805.96 points or 3.69% to 22,620.33
• ASX 200 increased 15.80 points or 0.19% to 8,555.80
• SENSEX decreased 199.76 points or -0.26% to 75,939.21
• Nifty50 decreased 102.15 points or -0.44% to 22,929.25
The major Asian currency markets had a mixed day today:
• AUDUSD increased 0.00395 or 0.63% to 0.63570
• NZDUSD increased 0.00823 or 1.46% to 0.57338
• USDJPY decreased 0.473 or -0.31% to 152.330
• USDCNY decreased 0.01471 or -0.20% to 7.25574
The above data was collected around 13:35 EST.
Precious Metals:
• Gold decreased 49.36 USD/t oz. or -1.68% to 2,882.24
• Silver decreased 0.112 USD/t. oz. or -0.35% to 32.255
The above data was collected around 13:39 EST.
EUROPE/EMEA:
The major Europe stock markets had a mixed day today:
• CAC 40 increased 14.43 points or 0.18% to 8,178.54
• FTSE 100 decreased 32.26 points or -0.37% to 8,732.46
• DAX 30 decreased 98.60 points or -0.44% to 22,513.42
The major Europe currency markets had a mixed day today:
• EURUSD increased 0.0038 or 0.36% to 1.05025
• GBPUSD increased 0.00331 or 0.26% to 1.25991
• USDCHF decreased 0.00456 or -0.50% to 0.89849
The above data was collected around 13:42 EST.
US/AMERICAS:
US Market Closings:
- Dow declined 165.35 points or -0.37% to 44,546.08
- S&P 500 declined 0.44 of a point or -0.01% to 6,114.63
- Nasdaq advanced 81.13 points or 0.41% to 20,026.77
- Russell 2000 declined 2.2 points or -0.1% to 2,279.98
Canada Market Closings:
- TSX Composite declined 215.28 points or -0.84% to 25,483.23
- TSX 60 declined 14.43 points or -0.93% to 1,532.76
Brazil Market Closing:
- Bovespa declined advanced 3,323.73 points or 2.66% to 128,173.91
ENERGY:
The oil markets had a mixed day today:
• Crude Oil decreased 0.647 USD/BBL or -0.91% to 70.643
• Brent decreased 0.347 USD/BBL or -0.46% to 74.672
• Natural gas increased 0.1126 USD/MMBtu or 3.10% to 3.7406
• Gasoline decreased 0.0218 USD/GAL or -1.03% to 2.0885
• Heating oil increased 0.0046 USD/GAL or 0.19% to 2.4586
The above data was collected around 13:45 EST.
• Top commodity gainers: Natural Gas (3.10%), Wheat (3.76%), Rubber (3.12%) and Oat (1.70%)
• Top commodity losers: Orange Juice (-3.81%), Coffee (-3.16%), Platinum (-2.75%) and Methanol (-2.62%)
The above data was collected around 13:51 EST.
BONDS:
Japan 1.3560% (+0.64bp), US 2’s 4.26% (-0.060%), US 10’s 4.4760% (-6bps); US 30’s 4.70% (-0.069%), Bunds 2.4415% (+2.25bp), France 3.127% (+1.65bp), Italy 3.5270% (+3.7bp), Turkey 26.30% (-15bp), Greece 3.284% (+2.4bp), Portugal 2.964% (+4.1bp); Spain 3.111% (+3.8bp) and UK Gilts 4.5090% (+0.79bp)
The above data was collected around 13:54 EST.
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