Market Talk - Thursday, May 28

US equity markets advanced as the NASDAQ gained nearly 1% despite a global selloff across Europe and Asia. Precious metals rallied alongside a 5% surge in Natural Gas prices, while Treasury yields trended lower.

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ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 306.29 points or -0.47% to 64,693.12

• Shanghai increased 4.909 points or 0.12% to 4,098.636

• Hang Seng decreased 322.07 points or -1.27% to 25,006.16

• ASX 200 decreased 124.80 points or -1.43% to 8,592.90

• SENSEX closed

• Nifty50 closed

The major Asian currency markets had a mixed day today:

• AUDUSD increased 0.00276 or 0.39% to 0.71680

• NZDUSD increased 0.00305 or 0.52% to 0.59335

• USDJPY decreased 0.37 or -0.23% to 159.149

• USDCNY decreased 0.00721 or -0.11% to 6.77185

The above data was collected around 13:02 EST.

Precious Metals:

•  Gold increased 53.25 USD/t oz. or 1.20% to 4,509.16

•  Silver increased 1.498 USD/t. oz. or 2.02% to 75.784

The above data was collected around 13:05 EST.

EUROPE/EMEA:

The major Europe stock markets had a negative day today:

•  CAC 40 decreased 19.02 points or -0.23% to 8,188.87

•  FTSE 100 decreased 79.05 points or -0.75% to 10,425.96

•  DAX 30 decreased 85.55 points or -0.34% to 25,092.25

The major Europe currency markets had a mixed day today:

• EURUSD increased 0.00279 or 0.24% to 1.16539

• GBPUSD increased 0.00174 or 0.13% to 1.34446

• USDCHF decreased 0.00316 or -0.40% to 0.78390

The above data was collected around 13:08 EST.

AMERICAS:

US Markets:

  • DJIA advanced by 24.69 points (0.05%) to 50,668.97

  • S&P 500 advanced by 43.27 points (0.58%) to 7,563.63

  • NASDAQ advanced by 242.74 points (0.91%) to 26,917.471

  • Russell 2000 advanced by 16.65 points (0.57%) to 2,936.591

Canada:

  • TSX Composite advanced by 105.65 points (0.31%) to 34,517.70

  • TSX 60 advanced by 1.23 points (0.06%) to 2,009.51

Brazil:

  • Bovespa declined by 548.76 points (-0.31%) to 175,195.61

ENERGY:

The oil markets had a mixed day today:

•  Crude Oil increased 0.127 USD/BBL or 0.14% to 88.807

•  Brent decreased 0.652 USD/BBL or -0.69% to 93.638

•  Natural gas increased 0.1664 USD/MMBtu or 5.38% to 3.2614

•  Gasoline increased 0.0324 USD/GAL 1.03% to 3.1661

•  Heating oil decreased 0.0065 USD/GAL or -0.18% to 3.5910

The above data was collected around 13:11 EST.

•  Top commodity gainers: Wool (2.87%), Copper (1.45%), Silver (2.02%) and Natural Gas (5.38%)

•  Top commodity losers: Sugar (-1.58%), Cocoa (-1.51%), Palladium (-2.04%) and Rhodium (-1.66%)

The above data was collected around 13:16 EST.

BONDS:

Japan 2.6990% (+0.38bp), US 2’s 4.03% (-0.012%), US 10’s 4.4580% (-3bps); US 30’s 4.99 (-0.026%), Bunds 2.9591% (-2.52bp), France 3.5780% (-1.35bp), Italy 3.6740% (-4.5bp), Turkey 32.940% (+0bp), Greece 3.637% (+1.6bp), Portugal 3.330% (-3.6bp); Spain 3.378% (-3bp) and UK Gilts 4.8140% (-3.6bp)

The above data was collected around 13:20 EST.

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