Market Talk – Wednesday, March 11

Global equities turned lower as European markets and the Dow retreated, while energy commodities staged a massive rally.

greg-rosenke-1TjORT2dLOw-unsplash.jpg

Greg Rosenke- Unsplash

ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 increased 776.98 points or 1.43% to 55,025.37

• Shanghai increased 10.295 points or 0.25% to 4,133.433

• Hang Seng decreased 61.14 points or -0.24% to 25,898.76

• ASX 200 increased 50.90 points or 0.59% to 8,743.50

• SENSEX decreased 1,342.27 points or -1.72% to 76,863.71

• Nifty50 decreased 394.75 points or -1.63% to 23,866.85

The major Asian currency markets had a mixed day today:

• AUDUSD increased 0.00343 or 0.48% to 0.71540

• NZDUSD decreased 0.00112 or -0.19% to 0.59168

• USDJPY increased 0.793 or 0.50% to 158.845

• USDCNY decreased 0.00415 or -0.06% to 6.87447

The above data was collected around 13:10 EST.

Precious Metals:

• Gold decreased 13.11 USD/t oz. or -0.25% to 5,176.05

• Silver decreased 2.898 USD/t. oz. or -3.28% to 85.354

The above data was collected around 13:13 EST.

EUROPE/EMEA:

The major Europe stock markets had a negative day today:

• CAC 40 decreased 15.55 points or -0.19% to 8,041.81

• FTSE 100 decreased 58.47 points or -0.56% to 10,353.77

• DAX 30 decreased 328.60 points or -1.37% to 23,640.03

The major Europe currency markets had a mixed day today:

• EURUSD decreased 0.00357 or -0.31% to 1.15755

• GBPUSD decreased 0.00064 or -0.05% to 1.34117

• USDCHF increased 0.00115 or 0.15% to 0.77957

The above data was collected around 13:17 EST.

AMERICAS:

  • Dow declined by 289.24 points (-0.61%) to 47,417.27

  • S&P 500 declined by 5.68 points (-0.08%) to 6,775.80

  • NASDAQ advanced by 19.03 points (+0.08%) to 22,716.135

  • Russell 2000 declined by 5.18 points (-0.20%) to 2,542.895

Canada Market Closings:

  • TSX Composite declined by 150.82 points (-0.45%) to 33,119.83

  • TSX 60 declined by 7.68 points (-0.40%) to 1,916.84

Brazil Market Closing:

  • Bovespa advanced by 325.13 points (+0.18%) to 183,772.13

ENERGY:

The oil markets had a green day today:

• Crude Oil increased 3.451 USD/BBL or 4.14% to 86.901

• Brent increased 3.967 USD/BBL or 4.52% to 91.767

• Natural gas increased 0.1795 USD/MMBtu or 5.94% to 3.1995

• Gasoline increased 0.1346 USD/GAL 5.10% to 2.7749

• Heating oil increased 0.3264 USD/GAL or 9.75% to 3.6730

The above data was collected around 13:32 EST.

• Top commodity gainers: Heating Oil (9.75%), Natural Gas (5.94%), Gasoline (5.10%) and Bitumen (4.78%)

• Top commodity losers: Oat (-3.44%), Coffee (-3.24%), Silver (-3.28%) and Palladium (-3.21%)

The above data was collected around 14:07 EST.

BONDS:

Japan 2.1660% (-2.01bp), US 2’s 3.64% (+0.029%), US 10’s 4.2090% (+4.5bps); US 30’s 4.86 (+0.061%), Bunds 2.9327% (+7.94bp), France 3.5710% (+10.32bp), Italy 3.6470% (+12.79bp), Turkey 31.630% (+228bp), Greece 3.642% (+11.1bp), Portugal 3.370% (+13bp); Spain 3.388% (+7.5bp) and UK Gilts 4.6270% (+12.91bp)

The above data was collected around 14:13 EST.

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