Market Talk – March 30, 2022

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ASIA:

 

The major Asian stock markets had a mixed day today:

  • NIKKEI 225 decreased 225.17 points or -0.80% to 28,027.25
  • Shanghai increased 62.66 points or 1.96% to 3,266.60
  • Hang Seng increased 304.40 points or 1.39% to 22.232.03
  • ASX 200 increased 50.20 points or 0.67% to 7,514.50
  • Kospi increased 5.67 points or 0.21% to 2,746.74
  • SENSEX increased 740.34 points or 1.28% to 58,683.99
  • Nifty50 increased 172.95 points or 1.00% to 17,498.25

 

The major Asian currency markets had a mixed day today:

  • AUDUSD decreased 0.00070 or -0.10% to 0.75128
  • NZDUSD increased 0.00350 or 0.51% to 0.69787
  • USDJPY decreased 1.312 or -1.07% to 121.868
  • USDCNY decreased 0.01620 or -0.25% to 6.35838

 

Precious Metals:

  • Gold increased 13.10 USD/t oz. or 0.68% to 1,932.28
  • Silver increased 0.075 USD/t. oz or 0.30% to 24.824

 

 

Some economic news from last night:

Japan:

Large Retailers’ Sales (MoM) decreased from 1.1% to -0.8%

Retail Sales (YoY) (Feb) decreased from 1.1% to -0.8%

New Zealand:

ANZ Business Confidence (Mar) increased from -51.8 to -41.9

NBNZ Own Activity (Mar) increased from -2.2% to 3.3%

Building Consents (MoM) (Feb) increased from -8.7% to 10.5%

 

No economic news from today

 

 

 

EUROPE/EMEA:

 

The major Europe stock markets had a mixed day:

  • CAC 40 decreased 50.57 points or -0.74% to 6,741.59
  • FTSE 100 increased 41.50 points or 0.55% to 7,578.75
  • DAX 30 decreased 214.28 points or -1.45% to 14,606.05

 

The major Europe currency markets had a mixed day today:

  • EURUSD increased 0.00620 or 0.56% to 1.11526
  • GBPUSD increased 0.00320 or 0.24% to 1.31307
  • USDCHF decreased 0.00820 or -0.88% to 0.92308

 

Some economic news from Europe today:

Swiss:

KOF Leading Indicators (Mar) decreased from 105.3 to 99.7

ZEW Expectations (Mar) decreased from 9.0 to -27.8

Italy:

Italian Industrial Sales (YoY) (Jan) increased from 14.50% to 16.90%

Italian Industrial Sales (MoM) (Jan) increased from -2.00% to 2.30%

Italian PPI (YoY) (Feb) decreased from 32.9% to 32.8%

Italian PPI (MoM) (Feb) decreased from 9.7% to 0.4%

Spain:

Spanish Business Confidence decreased from 10 to 5.3

Spanish CPI (YoY) increased from 7.6% to 9.8%

Spanish CPI (MoM) increased from 0.8% to 3.0%

Spanish HICP (MoM) increased from 0.8% to 3.9%

Spanish HICP (YoY) (Mar) increased from 7.6% to 9.8%

Germany:

German CPI (YoY) (Mar) increased from 5.1% to 7.3%

German CPI (MoM) (Mar) increased from 0.9% to 2.5%

German HICP (YoY) (Mar) increased from 0.5% to 7.6%

German HICP (MoM) (Mar) increased from 0.9% to 2.5%

Euro Zone:

Business and Consumer Survey (Mar) decreased from 113.9 to 108.5

Business Climate (Mar) decreased from 1.79 to 1.67

Consumer Confidence (Mar) remain the same at -18.7

Consumer Inflation Expectation (Mar) increased from 37.7 to 59.8

Selling Price Expectations (Mar) increased from 49.8 to 58.1

Services Sentiment (Mar) increased from 12.9 to 14.4

Industrial Sentiment (Mar) decreased from 14.1 to 10.4

 

 

US/AMERICAS:

 

US Market Closings:

  • Dow declined 65.38 points or -0.19% to 35,228.81
  • S&P 500 declined 29.15 points or -0.63% to 4,602.45
  • Nasdaq declined 177.36 points or -1.21% to 14,442.28
  • Russell 2000 declined 42.03 points or -1.97% to 2,091.07

 

Canada Market Closings:

  • TSX Composite declined 11.26 points or -0.05% to 22,075.96
  • TSX 60 declined -0.86% or -0.06% to 1,334.79

 

Brazil Market Closing:

  • Bovespa advanced 245.59 points or 0.2% to 120,259.76

 

ENERGY:

 

The oil markets had a green day today:

 

  • Crude Oil increased 3.27 USD/BBL or 3.14% to 107.5100
  • Brent increased 2.94 USD/BBL or 2.67% to 113.1700
  • Natural gas increased 0.253 USD/MMBtu or 4.74% to 5.5890
  • Gasoline increased 0.1165 USD/GAL or 3.64% to 3.3198
  • Heating oil increased 0.0968 USD/GAL or 2.60% to 3.8129

 

The above data was collected around 15:09 EST on Wednesday

 

  • Top commodity gainers: Natural Gas (4.74%) and Cheese (7.96%), Milk(4.77%), Palladium (4.63%)
  • Top commodity losers: Lean Hogs(-1.46%), Methanol (-1.47%), Lumber(-5.41%) and Palm oil(-1.28%)

 

The above data was collected around 15:14 EST on Wednesday.

 

 

BONDS:

 

Japan 0.2260%(-2.3bp), US 2’s 2.33% (-0.044%), US 10’s 2.3652% (-3.28bps); US 30’s 2.48% (-0.023%), Bunds 0.656% (+1.5bp), France 1.088% (+2.3bp), Italy 2.1440% (+1.2bp), Turkey 24.33% (+0bp), Greece 2.785% (-7.7bp), Portugal 1.475% (+6.2bp); Spain 1.587% (+7.5bp) and UK Gilts 1.682% (+3.3bp).