ASIA:
The major Asian stock markets had a mixed day today:
- NIKKEI 225 decreased 205.82 points or -0.73% to 27,821.43
- Shanghai decreased 14.39 points or -0.44% to 3,252.20
- Hang Seng decreased 235.18 points or -1.06% to 21.996.85
- ASX 200 decreased 14.90 points or -0.20% to 7,499.60
- Kospi increased 10.91 points or 0.40% to 2,757.65
- SENSEX decreased 115.48 points or -0.20% to 58,568.51
- Nifty50 decreased 33.50 points or -0.19% to 17,464.75
The major Asian currency markets had a mixed day today:
- AUDUSD increased 0.00010 or 0.02% to 0.74972
- NZDUSD decreased 0.00230 or -0.33% to 0.69443
- USDJPY decreased 0.726 or -0.59% to 121.386
- USDCNY decreased 0.00970 or -0.15% to 6.35115
Precious Metals:
- Gold increased 8.61 USD/t oz. or 0.45% to 1,941.67
- Silver increased 0.049 USD/t. oz or 0.20% to 24.894
Some economic news from last night:
China:
Chinese Composite PMI (Mar) decreased from 51.2 to 48.8
Manufacturing PMI (Mar) decreased from 50.2 to 49.5
Non-Manufacturing PMI (Mar) decreased from 51.6 to 48.4
Japan:
Foreign Bonds Buying decreased from -109.7B to -708.2B
Foreign Investments in Japanese Stocks increased from -631.8B to -241.1B
Industrial Production (MoM) (Feb) increased from -0.8% to 0.1%
Industrial Production forecast 1m ahead (MoM)(Mar) decreased from 5.7% to 3.6%
Industrial Production forecast 2m ahead (MoM)(Apr) increased from 0.1% to 9.6%
South Korea:
Manufacturing BSI Index (Apr) decreased from 91 to 83
Industrial Production (YoY) (Feb) increased from 4.2% to 6.5%
Industrial Production (MoM) (Feb) increased from 0.3% to 0.6%
Retail Sales (MoM) increased from -1.9% to 0.1%
Service Sector Output (MoM) (Feb) increased from -0.4% to -0.3%
Australia:
Building Approvals (MoM) (Feb) increased from -27.1% to 43.5%
Housing Credit (Feb) decreased from 0.7% to 0.6%
Private House Approvals (Feb) increased from -16.3% to 16.5%
Private Sector Credit (MoM) (Feb) remain the same at 0.6%
Singapore:
Bank Lending increased from 818.0B to 829.5B
Some economic news from today
Japan:
Construction Orders (YoY) (Feb) decreased from 11.0% to -2.3%
Housing Starts (YoY) (Feb) increased from 2.1% to 6.3%
India:
Foreign Debt (USD) (Q4) increased from 603.4B to 614.9B
Federal Fiscal Deficit (Feb) increased from 9,378.68B to 13,165.95B
Balance of Payments (USD) (Q4) decreased from 31.200B to 0.500B
Current Account % of GDP (QoQ) (Q4) increased from -1.30% to 2.70%
Current Account (USD) (Q4) decreased from -9.90B to -23.00B
Trade Balance (USD) (Q4) decreased from -44.400B to -60.400B
Infrastructure Output (YoY) (Feb) increased from 4.0% to 5.8%
Hong Kong:
M3 Money Supply (Feb) increased from -12.2% to -1.1%
Retail Sales (YoY) (Feb) decreased from 4.1% to -14.6%
EUROPE/EMEA:
The major Europe stock markets had a negative day:
- CAC 40 decreased 81.72 points or -1.21% to 6,659.87
- FTSE 100 decreased 63.07 points or -0.83% to 7,515.68
- DAX 30 decreased 191.30 points or -1.31% to 14,414.75
The major Europe currency markets had a mixed day today:
- EURUSD decreased 0.00620 or -0.56% to 1.10968
- GBPUSD increased 0.00230 or 0.17% to 1.31552
- USDCHF decreased 0.00200 or -0.22% to 0.92129
Some economic news from Europe today:
UK：
Business Investment (YoY) (Q4) decreased from 5.1% to 1.0%
Business Investment (QoQ) (Q4) increased from 0.7% to 1.0%
Current Account (Q4) increased from -28.9B to -7.3B
GDP (QoQ) (Q4) increased from 0.9% to 1.3%
GDP (YoY) (Q4) decreased from 6.9% to 6.6%
Nationwide HPI (MoM) (Mar) decreased from 1.7% to 1.1%
Nationwide HPI (YoY) (Mar) increased from 12.6% to 14.3%
Germany:
German Retail Sales (YoY) (Feb) decreased from 10.4% to 7.0%
German Retail Sales (MoM) (Feb) decreased from 2.0% to 0.3%
German Unemployment Change (Mar) increased from -32K to -18K
German Unemployment Rate (Mar) remain the same at 5.0%
German Unemployment (Mar) decreased from 2.312M to 2.298M
German Unemployment n.s.a. (Mar) decreased from 2.428M to 2.362M
Swiss:
Retail Sales (YoY) (Feb) increased from 5.7% to 12.8%
France:
French Consumer Spending (MoM) (Feb) increased from -2.0% to 0.8%
French CPI (YoY) increased from 3.6% to 4.5%
French CPI (MoM) increased from 0.8% to 1.4%
French HICP (MoM) increased from 0.9% to 1.6%
French HICP (YoY) increased from 4.2% to 5.1%
French PPI (MoM) (Feb) decreased from 4.7% to 1.1%
Italy:
Italian Monthly Unemployment Rate (Feb) decreased from 8.6% to 8.5%
Italian CPI (YoY) (Mar) increased from 5.7% to 6.7%
Italian CPI (MoM) (Mar) increased from 0.9% to 1.2%
Italian HICP (MoM) (Mar) increased from 0.8% to 2.6%
Italian HICP (YoY) (Mar) increased from 6.2% to 7.0%
Spain:
Spanish Current account (Jan) decreased from -1.31B to -2.60B
Euro Zone:
Unemployment Rate (Feb) decreased from 6.9% to 6.8%
US/AMERICAS:
US jobless claims dropped to a 52-year low last week after dropping by 28,000 to 187,000, showing a strengthening labor market. Some believe the strong figure may promote the Fed to raise rates by 50 basis points at the next meeting rather than the expected 25.
The personal consumption expenditure price index (PCE) rose 5.4% in March on an annual basis. That is the most significant leap since April of 1983. Headline PCE spiked 6.4%, the fastest pace since January 1982, as the cost of gas and food is on the rise. Consumer spending, accounting for over two-thirds of US GDP, rose by a marginal 0.2%.
US payrolls advanced by 455,000 in March, surpassing expectations by 5,000 positions, according to the latest ADP report released this Wednesday. February’s figures were revised to reflect a rise of 486,000 positions. This would bring ADP’s total estimate of Q1 hirings to 1.45 million. Leisure and hospitality saw the most notable increase of 161,000 hires, while education and health services added an additional 72,000 positions, and business services added 61,000. This report comes ahead of the much-anticipated nonfarm payrolls report due to be released on Friday by the Labor Department.
US Market Closings:
- Dow declined 550.46 points or -1.56% to 34,678.35
- S&P 500 declined 72.04 points or -1.57% to 4,530.41
- Nasdaq declined 221.76 points or -1.54% to 14,220.54
- Russell 2000 declined 20.94 points or -1% to 2,070.13
Canada Market Closings:
- TSX Composite declined 185.8 points or -0.84% to 21,890.16
- TSX 60 declined 12.12 points or -0.91% to 1,322.67
Brazil Market Closing:
- Bovespa declined 260.53 points or -0.22% to 119,999.23
ENERGY:
The oil markets had a mixed day today:
- Crude Oil decreased 3.95 USD/BBL or -3.66% to 103.8700
- Brent decreased 5.70 USD/BBL or -5.02% to 107.9400
- Natural gas increased 0.111 USD/MMBtu or 1.98% to 5.7160
- Gasoline decreased 0.1077 USD/GAL or -3.24% to 3.2173
- Heating oil decreased 0.0284 USD/GAL or -0.75% to 3.7801
The above data was collected around 12:26 EST on Thursday
- Top commodity gainers: Natural Gas (1.98%) and Wheat (3.96%), Corn(4.13%), Orange Juice (2.73%)
- Top commodity losers: Brent(-5.02%), Crude Oil (-3.66%), Gasoline(-3.24%) and Palm Oil(-3.86%)
The above data was collected around 12:33 EST on Thursday.
BONDS:
Japan 0.2200%(+0.6bp), US 2’s 2.30% (-0.010%), US 10’s 2.3307% (-2.72bps); US 30’s 2.45% (-0.029%), Bunds 0.551% (-10.7bp), France 0.985% (-9.2bp), Italy 2.0400% (-9.3bp), Turkey 24.09% (-13bp), Greece 2.666% (-10.8bp), Portugal 1.373% (-8.4bp); Spain 1.451% (-9.6bp) and UK Gilts 1.612% (-5.4bp).
