Market Talk – April 18, 2022

ASIA:

The major Asian stock markets had a negative day today:

  • NIKKEI 225 decreased 293.48 points or -1.08% to 26,799.71
  • Shanghai decreased 15.72 points or -0.49% to 3,195.52
  • Hang Seng closed
  • ASX 200 closed
  • Kospi decreased 2.85 points or -0.11% to 2,693.21
  • SENSEX decreased 1,172.19 points or -2.01% to 57,166.74
  • Nifty50 decreased 302.00 points or -1.73% to 17,173.65

The major Asian currency markets had a mixed day today:

  • AUDUSD decreased 0.00461 or -0.62% to 0.73507
  • NZDUSD decreased 0.00493 or -0.73% to 0.67196
  • USDJPY increased 0.44 or 0.35% to 126.904
  • USDCNY decreased 0.00163 or -0.03% to 6.37900

Precious Metals:

  • Gold increased 10.64 USD/t oz. or 0.54% to 1,985.18
  • Silver increased 0.312 USD/t. oz or 1.21% to 25.992

Some economic news from last night:

China:

Fixed Asset Investment (YoY) (Mar) decreased from 12.2% to 9.3%

GDP (QoQ) (Q1) decreased from 1.6% to 1.3%

GDP (YoY) (Q1) increased from 4.0% to 4.8%

Related:  Market Talk - September 9, 2022

Chinese GDP YTD (YoY) (Q1) decreased from 8.1% to 4.8%

Industrial Production (YoY) (Mar) decreased from 7.5% to 5.0%

Chinese Industrial Production YTD (YoY) (Mar) decreased from 7.5% to 6.5%

Retail Sales (YoY) (Mar) decreased from 6.7% to -3.5%

Chinese Retail Sales YTD (YoY) (Mar) decreased from 6.72% to 3.27%

Chinese Unemployment Rate increased from 5.5% to 5.8%

Singapore:

Non-Oil Exports (MoM) (Mar) increased from -2.90% to -2.30%

Non-Oil Exports (YoY) (Mar) decreased from 9.40% to 7.70%

Trade Balance decreased from 8.286B to 4.172B

Some economic news from today

India:

WPI Food (YoY) (Mar) decreased from 8.19% to 8.06%

WPI Fuel (YoY) (Mar) increased from 31.50% to 34.52%

WPI Inflation (YoY) (Mar) increased from 13.11% to 14.55%

WPI Manufacturing Inflation (YoY) (Mar) increased from 9.84% to 10.71%

EUROPE/EMEA:

The major Europe stock markets had a green day:

  • CAC 40 increased 47.21 points or 0.72% to 6,589.35
  • FTSE 100 increased 35.58 points or 0.47% to 7,616.38
  • DAX 30 increased 87.41 points or 0.62% to 14,163.85
Related:  Market Talk - June 24, 2022

The major Europe currency markets had a mixed day today:

  • EURUSD decreased 0.00299 or -0.28% to 1.07782
  • GBPUSD decreased 0.00471 or -0.36% to 1.30129
  • USDCHF increased 0.00144 or 0.15% to 0.94457

Some economic news from Europe today:

Spain:

Spanish Trade Balance increased from -6.50B to -4.30B

 US/AMERICAS:

US Market Closings:

  • Dow declined 39.54 points or -0.11% to 34,411.69
  • S&P 500 declined -0.9 of a point or -0.02% to 4,391.69
  • Nasdaq declined 18.72 points or -0.14% to 13,332.36
  • Russell 2000 declined 14.85 points or -0.74% to 1,990.13

Canada Market Closings:

  • TSX Composite advanced 22.71 points or 0.1% to 21,878.41
  • TSX 60 advanced 0.88 of a point or 0.07% to 1,321.81

Brazil Market Closing:

  • Bovespa declined 494.36 points or -0.43% to 115,687.25
Related:  Market Talk - June 8, 2022

ENERGY:

The oil markets had a green day today:

  • Crude Oil increased 2.53 USD/BBL or 2.37% to 109.480
  • Brent increased 2.95 USD/BBL or 2.64% to 114.55
  • Natural gas increased 0.503 USD/MMBtu or 6.87% to 7.8240
  • Gasoline increased 0.0671 USD/GAL or 1.99% to 3.4402
  • Heating oil increased 0.1512 USD/GAL or 3.95% to 3.9771

The above data was collected around 13:43 EST on Monday

  • Top commodity gainers: Heating Oil (3.95%) and Natural Gas (6.87%), Steel(3.52%), Orange Juice (5.52%)
  • Top commodity losers: Cocoa(-1.90%), Rubber (-3.09%), Feeder Cattle (-1.08%) and Milk (-0.33%)

The above data was collected around 13:52 EST on Monday.

BONDS: 

Japan 0.241%(+0.2bp), US 2’s 2.47% (+0.015%), US 10’s 2.8623% (+3.48bps); US 30’s 2.96% (+0.043%), Bunds 0.845% (+0.4bp), France 1.341% (+0.5bp), Italy 2.487% (-3.6bp), Turkey 22.27% (-12bp), Greece 2.921% (-0.3bp), Portugal 1.856% (+0.5bp); Spain 1.792% (-2.1bp) and UK Gilts 1.888% (+8.3bp).

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