Market Talk – September 16, 2024 | Armstrong Economics

ASIA:

The major Asian stock markets had a green day today:

• NIKKEI 225 closed

• Shanghai closed

• Hang Seng increased 53.03 points or 0.31% to 17,422.12

• ASX 200 increased 21.70 points or 0.27% to 8,121.60

• SENSEX increased 97.84 points or 0.12% to 82,988.78

• Nifty50 increased 27.25 points or 0.11% to 25,383.75

The major Asian currency markets had a mixed day today:

• AUDUSD increased 0.00419 or 0.63% to 0.67454

• NZDUSD increased 0.0033 or 0.54% to 0.61897

• USDJPY decreased 0.163 or -0.12% to 140.667

• USDCNY increased 0.00091 or 0.01% to 7.09891

The above data was collected around 14:35 EST.

Precious Metals:

•  Gold increased 2.77 USD/t oz. or 0.11% to 2,581.25

•  Silver increased 0.031 USD/t. oz. or 0.10% to 30.740

The above data was collected around 14:39 EST.

EUROPE/EMEA:

The major Europe stock markets had a mixed day today:

•  CAC 40 decreased 15.81 points or -0.21% to 7,449.44

•  FTSE 100 increased 5.35 points or 0.06% to 8,278.44

•  DAX 30 decreased 66.29 points or -0.35% to 18,633.11

The major Europe currency markets had a mixed day today:

• EURUSD increased 0.00486 or 0.44% to 1.11231

• GBPUSD increased 0.00857 or 0.65% to 1.32077

• USDCHF decreased 0.00382 or -0.45% to 0.84523

The above data was collected around 14:44 EST.

ENERGY:

The oil markets had a green day today:

•  Crude Oil increased 1.426 USD/BBL or 2.08% to 70.076

•  Brent increased 1.078 USD/BBL or 1.51% to 72.688

•  Natural gas increased 0.0767 USD/MMBtu or 3.33% to 2.3817

•  Gasoline increased 0.0386 USD/GAL or 2.00% to 1.9691

•  Heating oil increased 0.0044 USD/GAL or 0.21% to 2.0922

The above data was collected around 14:50 EST.

•  Top commodity gainers: Natural Gas (3.33%), Cotton (2.63%), Potatoes (2.99%) and Canola (4.21%)

•  Top commodity losers: Platinum (-1.18%), Wheat (-2.80%), Cheese (-2.23%) and Oat (-3.66%)

The above data was collected around 14:58 EST.

BONDS:

Japan 0.8460% (+0.02bp), US 2’s 3.57% (-0.027%), US 10’s 3.6270% (-3bps); US 30’s 3.94% (-0.044%), Bunds 2.1215% (-2.75bp), France 2.827% (-1.3bp), Italy 3.4770% (-3.7bp), Turkey 28.965% (+9bp), Greece 3.126% (-0.9bp), Portugal 2.7070% (-2.9bp); Spain 2.905% (-3.9bp) and UK Gilts 3.7630% (-0.47bp)

The above data was collected around 15:04 EST.