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The Asset ObserverThe Asset Observer
Home»Economy
Economy

Market Talk – March 7, 2025

News RoomBy News RoomMarch 9, 2025
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ASIA:

The major Asian stock markets had a mixed day today:

• NIKKEI 225 decreased 817.76 points or -2.17% to 36,887.17

• Shanghai decreased 8.55 points or -0.25% to 3,372.55

• Hang Seng decreased 138.41 points or -0.57% to 24,231.30

• ASX 200 decreased 146.50 points or -1.81% to 7,948.20

• SENSEX decreased 7.51 points or -0.01% to 74,332.58

• Nifty50 increased 7.80 points or 0.03% to 22,552.50

The major Asian currency markets had a mixed day today:

• AUDUSD decreased 0.00224 or -0.35% to 0.63106

• NZDUSD decreased 0.00307 or -0.53% to 0.57123

• USDJPY increased 0.048 or 0.03% to 148.032

• USDCNY increased 0.00031 or 0.00% to 7.24396

The above data was collected around 15:30 EST.

Precious Metals:

•  Gold decreased 2.41 USD/t oz. or -0.08% to 2,907.93

•  Silver decreased 0.117 USD/t. oz. or -0.36% to 32.500

The above data was collected around 15:33 EST.

EUROPE/EMEA:

The major Europe stock markets had a negative day today:

•  CAC 40 decreased 76.87 points or -0.94% to 8,120.80

•  FTSE 100 decreased 2.96 points or -0.03% to 8,679.88

•  DAX 30 decreased 410.54 points or -1.75% to 23.008.94

The major Europe currency markets had a mixed day today:

• EURUSD increased 0.00631 or 0.59% to 1.08471

• GBPUSD increased 0.0045 or 0.35% to 1.29245

• USDCHF decreased 0.00463 or -0.52% to 0.87962

The above data was collected around 15:37 EST.

US/AMERICAS:

US Market Closings:

Dow advanced 222.64 points or 0.52% to 42,801.72
S&P 500 advanced 31.68 points or 0.55% to 5,770.2
Nasdaq advanced 126.97 points or 0.7% to 18,196.22
Russell 2000 advanced 8.93 points or 0.43% to 2,075.49

 

Canada Market Closings:

TSX Composite advanced 174.72 points or 0.71% to 24,758.76
TSX 60 advanced 10.38 points or 0.7% to 1,492.02

 

Brazil Market Closing:

Bovespa advanced 1,895.75 points or 1.54% to 125,253.3

ENERGY:

The oil markets had a mixed day today:

•  Crude Oil increased 0.665 USD/BBL or 1.00% to 67.025

•  Brent increased 0.855 USD/BBL or 1.23% to 70.315

•  Natural gas increased 0.0898 USD/MMBtu or 2.09% to 4.3918

•  Gasoline increased 0.0047 USD/GAL or 0.22% to 2.1070

•  Heating oil decreased 0.0016 USD/GAL or -0.07% to 2.2109

The above data was collected around 15:38 EST.

•  Top commodity gainers: Palm Oil (3.53%), Live Cattle (2.18%), Rhodium (6.64%) and Cotton (7.30%)

•  Top commodity losers: Rapeseed (-1.83%), Copper (-2.04%), Oat (-5.23%) and Zinc (-1.71%)

The above data was collected around 15:45 EST.

BONDS:

Japan 1.5240% (+1.2bp), US 2’s 4.00% (+0.031%), US 10’s 4.3190% (+4.3bps); US 30’s 4.62% (+0.024%), Bunds 2.8495% (-3.5bp), France 3.552% (-1.6bp), Italy 3.9020% (-2.1bp), Turkey 25.78% (-8bp), Greece 3.630% (-7bp), Portugal 3.386% (-1.7bp); Spain 3.529% (+4.9bp) and UK Gilts 4.6030% (-1.87bp)

The above data was collected around 15:48 EST.

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