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Home»World Economy»Market Speak – February 6, 2024
World Economy

Market Speak – February 6, 2024

DaneBy DaneFebruary 7, 2024No Comments4 Mins Read
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Market Speak – February 6, 2024
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ASIA:

 

The main Asian inventory markets had a combined day at the moment:

  • NIKKEI 225 decreased 193.50 factors or -0.53% to 36,160.66
  • Shanghai elevated 87.30 factors or 3.23% to 2,789.49
  • Hold Seng elevated 626.86 factors or 4.04% to 16,136.87
  • ASX 200 decreased 44.30 factors or -0.58% to 7,581.60
  • Kospi decreased 15.11 factors or -0.58% to 2,576.20
  • SENSEX elevated 454.67 factors or 0.63% to 72,186.09
  • Nifty50 elevated 157.70 factors or 0.72% to 21,929.40

 

The main Asian forex markets had a combined day at the moment:

  • AUDUSD elevated 0.00396 or 0.61% to 0.65216
  • NZDUSD elevated 0.00256 or 0.42% to 0.60786
  • USDJPY decreased 0.8 or -0.54% to 147.870
  • USDCNY decreased 0.0165 or -0.23% to 7.20260

 

The above information was collected round 13:44 EST.

 

 

Valuable Metals:

  • Gold elevated 11.20 USD/t oz. or 0.55% to 2,035.87
  • Silver elevated 0.087 USD/t. ouncesor 0.39% to 22.444

 

The above information was collected round 13:47 EST.

 

 

EUROPE/EMEA:

 

The main Europe inventory markets had a inexperienced day at the moment:

  • CAC 40 elevated 49.01 factors or 0.65% to 7,638.97
  • FTSE 100 elevated 68.15 factors or 0.90% to 7,681.01
  • DAX 30 elevated 129.18 factors or 0.76% to 17.033.24

 

The main Europe forex markets had a combined day at the moment:

  • EURUSD elevated 0.00125 or 0.12% to 1.07535
  • GBPUSD elevated 0.00664 or 0.53% to 1.25984
  • USDCHF decreased 0.00071 or -0.08% to 0.86979

 

The above information was collected round 13:51 EST.

US/AMERICAS:

The Nationwide Transportation Security Board (NTSB) has launched a preliminary report stating that bolts gave the impression to be lacking from a door plug on a Boeing 737 Max 9 operated by Alaska Airways, which blew out midair final month. This incident led to the grounding of the Max 9 by the Federal Aviation Administration (FAA) for a lot of final month. The report locations the first blame on Boeing, and Boeing’s CEO has acknowledged the corporate’s duty for the issue. The FAA has halted Boeing’s deliberate manufacturing enlargement of the 737 Max, and is conducting an audit of Boeing’s manufacturing traces. The lacking bolts, which acted as a fail-safe mechanism to carry the panel in place, weren’t put in on the plane, and it’s advised that Boeing staff could have didn’t put the bolts again on the door plug in the course of the manufacturing of the 737 Max 9 jet on the manufacturing unit.

US Market Closings:

  • Dow superior 141.24 factors or 0.37% to 38,521.36
  • S&P 500 superior 11.42 factors or 0.23% to 4,954.23
  • Nasdaq superior 11.32 factors or 0.07% to fifteen,609.00
  • Russell 2000 superior 16.39 factors or 0.85% to 1,953.63

 

Canada Market Closings:

  • TSX Composite superior 85.85 factors or 0.41% to twenty,957.74
  • TSX 60 superior 4.79 factors or 0.38% to 1,263.83

 

Brazil Market Closing:

  • Bovespa superior 2,823.46 factors or 2.21% to 130,416.95

 

 

ENERGY:

 

The oil markets had a combined day at the moment:

 

  • Crude Oil elevated 0.619 USD/BBL or 0.85% to 73.399
  • Brent elevated 0.619 USD/BBL or 0.79% to 78.609
  • Pure fuel decreased 0.051 USD/MMBtu or -2.45% to 2.0310
  • Gasoline elevated 0.0007 USD/GAL or 0.03% to 2.2099
  • Heating oil elevated 0.0214 USD/GAL or 0.79% to 2.7462

 

The above information was collected round 13:53 EST.

 

  • Prime commodity gainers: Stay Cattle (1.90%), Oat (2.96%), Butter (4.76%) and Potatoes (3.31%)
  • Prime commodity losers: Cheese (-1.56%), Pure Fuel (-2.45%), Lean Hogs (-1.08%) and Espresso (-0.79%)

 

The above information was collected round 14:00 EST.

 

BONDS:

 

Japan 0.726% (+0.5bp), US 2’s 4.39% (-0.083%), US 10’s 4.0885% (-7.55bps); US 30’s 4.30% (-0.046%), Bunds 2.281% (-4.3bp), France 2.787% (-3.3bp), Italy 3.842% (-4.7bp), Turkey 24.02% (-79bp), Greece 3.394% (+0.6bp), Portugal 2.998% (-2bp); Spain 3.196% (-4bp) and UK Gilts 3.939% (-6.9bp)



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