Morning Digest: Sunshine and Shadow: Gains for US and CHF, Nikkei Soars
London: 27 March 2024 (TraderMade): Welcome to today's comprehensive Morning Digest! Not all sunshine this morning! While the US Dollar and Swiss francs strengthen, oil prices take a tumble. And make sure to take advantage of Nikkei's impressive jump! Let's dive deeper into various sectors:
Key Takeaways
- In G10 Forex, USD & CHF shine, while NOK and JPY lag 0.14% and 0.11% against the dollar.
- Asian equities are mixed, European indices were flat, and US indices surged significantly.
- Energy prices dip, while precious metals like gold and silver are mixed.
Forex
USD and CHF are top gainers in G10 Forex Today
In the G10 FX Market, the US Dollar (USD) and Swiss Franc (CHF) are the top gainers today.
NOK and JPY are top laggers
Norwegian Krone (NOK) and Japanese Yen (JPY) are the top losers, down 0.14% and 0.11% versus the dollar, respectively.
USDNOK trades at 10.77244. USDJPY trades at 151.738.
Forex Daily Pivot Points
Global Indices
Asian Markets
In Asian equities, markets were trading mixed today. The Nikkei 225 (JPN225) was trading at 40976.5, up 1.06%. The Hang Seng (HKG33) was trading at 16402.25, down -0.86%.
European Indices Flat
- The UK's FTSE 100 (UK100) trades at
- France's CAC 40 (FRA40) trades at
- Germany's DAX 30 (GER30) trades at
US Equities Futures
Looking at Equity Futures so far, The SP500 Futures was trading at 5230.7002, up 0.14%.
Popular US Indices
- Standard & Poor's 500 (SPX500) surged 0.21% to 5231.7.
- Nasdaq (NAS100) surged 0.17% to 18303.2.
- Dow Jones Industrial Average (USA30) also soared 0.19% to 39493.
Energy Markets
Crude Oil Futures
In the Energy space, Oil futures were trading weaker today. The WTI Crude Futures were trading at 80.731, down 0.39% and the Brent Crude Futures were trading at 84.866, down 0.41%.
Spot Prices
- Brent Crude (UKOIL) plummeted 0.55% to $84.752 a barrel.
- WTI Crude (OIL) was down 0.54% to $80.621 a barrel.
- Natural Gas (NATGAS) increased 0.14% to $1.842/MMBtu.
Precious Metals
- Gold (XAUUSD) trades flat at 2177.975
- Silver (XAGUSD) was slightly up to 24.4885.
To Summarize
The financial markets show a mixed picture this morning. The US Dollar (USD) and Swiss Franc (CHF) are strengthening against other currencies, while oil prices are dipping. The Japanese Nikkei index and crucial US indices are experiencing a significant gain. Stay tuned for updates as the trading day progresses.
