Market Update – June 7, 2024

At Extreme Investor Network, we provide you with the latest updates and insights on the global market trends. Today, we have gathered data from various regions around the world to give you a comprehensive overview of the economic landscape. Let’s dive into the key highlights from different markets:

Asia:
– NIKKEI 225 decreased by 0.05% to 38,683.93
– Shanghai increased by 0.08% to 3,051.28
– Hang Seng decreased by 0.59% to 18,366.95
– ASX 200 increased by 0.49% to 7,860.00
– KOSPI increased by 1.23% to 2,722.67
– SENSEX increased by 2.16% to 76,693.36
– Nifty50 increased by 2.05% to 23,290.15

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In the currency markets, we saw a mixed day with fluctuations in major currency pairs. For instance, AUDUSD decreased by 1.25%, NZDUSD decreased by 1.42%, USDJPY increased by 0.64%, and USDCNY increased by 0.06%.

Moving on to Precious Metals, gold saw a decline of 2.92% to $2,307.36 per t oz., while silver experienced a drop of 6.36% to $29.343 per t oz.

Europe/EMEA:
– CAC 40, FTSE 100, and DAX 30 all experienced a negative trend, with a decline in their respective points.
– In the currency markets, EURUSD decreased by 0.83%, GBPUSD decreased by 0.57%, and USDCHF increased by 0.75%.

US/Americas:
– In the US market closings, Dow declined by 0.22% to 38,798.99, S&P 500 declined by 0.11% to 5,345.99, Nasdaq declined by 0.23% to 17,133.13, and Russell 2000 declined by 1.12% to 2,026.56.
– In Canada, TSX Composite declined by 1% to 22,007, and TSX 60 declined by 0.88% to 1,316.78.
– Brazil’s Bovespa declined by 1.72% to 120,787.79.

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Energy:
– Oil markets showed mixed movement, with Crude Oil slightly increasing and Brent decreasing.
– Natural gas saw a significant increase, while gasoline and heating oil experienced a decline.
– Top commodity gainers included Natural Gas, Palm Oil, Potatoes, and Cocoa, while top commodity losers were Copper, Zinc, Silver, and Orange Juice.

Bonds:
– We also observed movements in bond yields across different regions. For example, Japan’s yield increased by 0.73 basis points, US 2’s increased by 0.141%, and US 10’s increased by 13.51 basis points.

Stay tuned to Extreme Investor Network for more updates and analysis on global markets to make informed investment decisions.

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