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Market Talk – January 12, 2024

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Market Talk 2017

ASIA:

 

The major Asian stock markets had a mixed day today:

  • NIKKEI 225 increased 527.25 points or 1.50% to 35,577.11
  • Shanghai decreased 4.67 points or -0.16% to 2,881.98
  • Hang Seng decreased 57.46 points or -0.35% to 16,244.58
  • ASX 200 decreased 7.70 points or -0.10% to 7,498.30
  • Kospi decreased 15.22 points or -0.60% to 2,525.05
  • SENSEX increased 847.27 points or 1.18% to 72,568.45
  • Nifty50 increased 247.35 points or 1.14% to 21,894.55

 

The major Asian currency markets had a mixed day today:

  • AUDUSD increased 0.00057 or 0.09% to 0.66927
  • NZDUSD increased 0.00147 or 0.24% to 0.62467
  • USDJPY decreased 0.437 or -0.30% to 144.843
  • USDCNY increased 0.01702 or 0.24% to 7.19072

 

The above data was collected around 14:12 EST.

 

 

Precious Metals:

  • Gold increased 20.23 USD/t oz. or 1.00% to 2,048.32
  • Silver increased 0.458 USD/t. oz or 2.01% to 23.210

 

The above data was collected around 14:15 EST.

 

 

 

EUROPE/EMEA:

 

The major Europe stock markets had a green day today:

  • CAC 40 increased 77.52 points or 1.05% to 7,465.14
  • FTSE 100 increased 48.34 points or 0.64% to 7,624.93
  • DAX 30 increased 157.53 points or 0.95% to 16.704.56

 

The major Europe currency markets had a mixed day today:

  • EURUSD decreased 0.00084 or -0.08% to 1.09616
  • GBPUSD decreased 0.00084 or -0.07% to 1.27516
  • USDCHF increased 0.0004 or 0.05% to 0.85220

 

The above data was collected around 14:22 EST.

 

 

US/AMERICAS:

 

In December 2023, the US experienced deflation in certain consumer categories, including physical goods, groceries, and energy. This was reflected in the decline of prices, attributed to factors such as normalized supply and demand, and a stronger U.S. dollar making it cheaper to import goods. The consumer price index rose by 3.4% on an annual basis, indicating an overall inflationary trend, but with disinflationary pressure in some areas. The increase in prices was higher than expected, with a 0.3% rise from November to December.

 

 

US Market Closings:

  • Dow declined 118.04 points or -0.31% to 37,592.98
  • S&P 500 advanced 3.59 points or 0.08% to 4,783.83
  • Nasdaq advanced 2.58 points or 0.02% to 14,972.76
  • Russell 2000 declined 4.49 points or -0.23% to 1,950.96

 

Canada Market Closings:

  • TSX Composite advanced 71.82 points or 0.34% to 20,990.22
  • TSX 60 advanced 3.08 points or 024% to 1,265.7

 

Brazil Market Closing:

  • Bovespa advanced 426.62 points or 0.33% to 131,075.37

 

 

ENERGY:

 

The oil markets had a green day today:

 

  • Crude Oil increased 0.873 USD/BBL or 1.21% to 72.893
  • Brent increased 1.099 USD/BBL or 1.42% to 78.509
  • Natural gas increased 0.2126 USD/MMBtu or 6.86% to 3.3096
  • Gasoline increased 0.0122 USD/GAL or 0.58% to 2.1265
  • Heating oil increased 0.0056 USD/GAL or 0.21% to 2.6794

 

The above data was collected around 14:24 EST.

 

  • Top commodity gainers: Natural Gas (6.86%), Palm Oil (1.63%), HRC Steel (2.33%) and Silver (2.01%)
  • Top commodity losers: Coffee (-2.15%), Oat (-3.55%), Rapeseed (-1.64%) and Corn (-2.11%)

 

The above data was collected around 14:32 EST.

 

 

BONDS:

 

Japan 0.592% (-1.1bp), US 2’s 4.15% (-0.112%), US 10’s 3.9540% (-2.1bps); US 30’s 4.20% (+0.017%), Bunds 2.151% (-5.6bp), France 2.677% (-6.6bp), Italy 3.732% (-8.5bp), Turkey 24.31% (-7bp), Greece 3.274% (-2.8bp), Portugal 2.8760% (-7.6bp); Spain 3.092% (-7bp) and UK Gilts 3.796% (-4.6bp)

 

The above data was collected around 14:36 EST.