Market Talk – April 28, 2022

ASIA:

The major Asian stock markets had a mixed day today:

  • NIKKEI 225 decreased 313.48 points or -1.17% to 26,386.63
  • Shanghai increased 71.86 points or 2.49% to 2,958.28
  • Hang Seng increased 11.65 points or 0.06% to 19,946.36
  • ASX 200 decreased 56.80 points or -0.78% to 7,261.20
  • Kospi decreased 29.25 points or -1.10% to 2,639.06
  • SENSEX decreased 537.22 points or -0.94% to 56,819.39
  • Nifty50 decreased 162.40 points or -0.94% to 17,038.40

The major Asian currency markets had a mixed day today:

  • AUDUSD decreased 0.00038 or -0.05% to 0.71370
  • NZDUSD decreased 0.00218 or -0.33% to 0.65535
  • USDJPY increased 1.106 or 0.87% to 128.306
  • USDCNY decreased 0.00275 or -0.04% to 6.58485

Precious Metals:

  • Gold decreased 18.06 USD/t oz. or -0.95% to 1,887.50
  • Silver decreased 0.1 USD/t. oz or -0.42% to 23.385

Some economic news from last night:

China:

Chinese Industrial profit (YoY) (Feb) increased from 4.2% to 12.2%

Related:  Market Talk - July 11, 2022

Chinese Industrial profit YTD (Mar) increased from 5.0% to 8.5%

South Korea:

Consumer Confidence (Apr) increased from 103.2 to 103.8

Australia:

CPI (QoQ) (Q1) increased from 1.3% to 2.1%

CPI (YoY) (Q1) increased from 3.5% to 5.1%

CPI Index Number (Q1) increased from 121.30 to 123.90

Trimmed Mean CPI (YoY) (Q1) increased from 2.6% to 3.7%

Trimmed Mean CPI (QoQ) (Q1) increased from 1.0% to 1.4%

Weighted mean CPI (QoQ) (Q1) increased from 0.9% to 1.0%

Weighted mean CPI (YoY) (Q1) increased from 2.7% to 3.2%

Some economic news from today

Indonesia:

Foreign Direct Investment (YoY) (Q1) increased from 10.10% to 31.80%

EUROPE/EMEA:

The major Europe stock markets had a green day:

  • CAC 40 increased 30.69 points or 0.48% to 6,445.26
  • FTSE 100 increased 39.42 points or 0.53% to 7,425.61
  • DAX 30 increased 37.54 points or 0.27% to 13,793.94

The major Europe currency markets had a mixed day today:

  • EURUSD decreased 0.00776 or -0.73% to 1.05677
  • GBPUSD decreased 0.00195 or -0.15% to 1.25640
  • USDCHF increased 0.00591 or 0.61% to 0.96807
Related:  Market Talk - July 6, 2022

Some economic news from Europe today:

UK:

CBI Distributive Trades Survey (Apr) decreased from 9 to -35

Germany:

GfK German Consumer Climate (May) decreased from -15.7 to -26.5

France:

French Consumer Confidence (Apr) decreased from 90 to 88

Italy:

Italian Trade Balance Non-EU (Mar) increased from -1.55B to -0.51B

Swiss:

ZEW Expectations (Apr) decreased from -27.8 to -51.6

US/AMERICAS:

US Market Closings:

  • Dow advanced 61.75 points or 0.19% to 33,301.93
  • S&P 500 advanced 8.76 points or 0.21% to 4,183.96
  • Nasdaq declined 1.81 points or -0.01% to 12,488.93
  • Russell 2000 declined 6.44 points or -0.34% to 1,884.04

Canada Market Closings:

  • TSX Composite advanced 53.42 points or 0.26% to 20,744.23
  • TSX 60 advanced 3.07 points or 0.25% to 1,255.67

Brazil Market Closing:

  • Bovespa advanced 1,136.51 points or 1.05% to 109,349.37
Related:  Market Talk - May 26, 2022

ENERGY:

The oil markets had a mixed day today:

  • Crude Oil decreased 0.62 USD/BBL or -0.61% to 101.080
  • Brent decreased 0.48 USD/BBL or -0.46% to 104.51
  • Natural gas increased 0.294 USD/MMBtu or 4.29% to 7.1440
  • Gasoline increased 0.0887 USD/GAL or 2.66% to 3.4275
  • Heating oil increased 0.1075 USD/GAL or 2.41% to 4.5754

The above data was collected around 13:32 EST on Wednesday

  • Top commodity gainers: Natural Gas (4.29%) and Bitumen (3.61%), Gasoline(2.66%), Palm Oil (9.38%)
  • Top commodity losers: Rubber(-1.28%), Gold (-0.95%), Oat (-3.85%) and Coffee (-2.33%)

The above data was collected around 13:41 EST on Wednesday

BONDS:

Japan 0.2450%(+0.1bp), US 2’s 2.55% (+0.065%), US 10’s 2.7934% (+6.53bps); US 30’s 2.90% (+0.063%), Bunds 0.801% (-0.1bp), France 1.296% (-1.6bp), Italy 2.573% (+3bp), Turkey 20.15% (-33bp), Greece 3.031% (+2.9bp), Portugal 1.865% (+1bp); Spain 1.814% (+1.7bp) and UK Gilts 1.814% (+1.7bp).

Leave a Comment