Global Market Trends (23rd Mar., 2022)

March 23, 2022

MAJOR INDEXES

Market report as of 22nd Mar. 2022

NAME	LAST	CHG	%CHG
S&P 500	4,511.6100	50.430	1.130
NASDAQ	14,108.820	270.36	1.950
DJIA	34,807.460	254.47	0.740
*FTSE	7,517.1900*	40.470	0.540
*NIKKEI	28,040.160*	816.05	3.000
*HSI	22,154.080*	264.80	1.210
*SHANGHAI	3,271.0300*	11.170	0.340
VIX	23.2000000	0.2600	1.130
*DAX	14,523.010*	49.810	0.340

S&P500 MARKET MOVER

TOP

TSLA	Tesla Inc	7.905%
EPAM	Epam Systems Inc	6.862%
MRNA	Moderna Inc	6.466%
ALGN	Align Technology Inc	5.679%
WFC	Wells Fargo & Co	4.400%

BOTTOM

WY	Weyerhaeuser Co	2.526%
MOS	Mosaic Co	2.262%
HES	Hess Corp	2.176%
OXY	Occidental Petroleum Corp	2.165%
PFE	Pfizer Inc	2.122%

SECURITIES

BONDS

NAME	YIELD	CHG
US 10-YR	2.373	-0.004
US 30-YR	2.594	+0.002
US 5-YR	2.386	-0.002
US 2-YR	2.152	-0.002
US 3-MO	0.569	+0.031
BUND 10-YR	0.478	-0.028
JPN 10-YR	0.216	-0.002
UK 10-YR	1.665	-0.044

FUTURES & COMMODITIES

NAME	LAST	CHG	%CHG
*OIL	110.0600	+0.790	+0.723
*NAT GAS	5.140000	-0.047	-0.9100
*GOLD	1,924.90	+3.400	+0.177
*SILVER	25.13500	+0.231	+0.930
*WHEAT	1,121.25	+3.000	+0.270
*COPPER	4.734000	+0.034	+0.710

CURRENCIES

NAME	LAST	CHG	%CHG
JPY/USD	0.8270	-0.001	-0.145
USD INDEX	98.610	+0.120	+0.120
USD/JPY	120.93	+0.130	+0.110
GBP/USD	1.3220	-0.005	-0.339
EUR/USD	1.1010	-0.002	-0.172
USD/CAD	1.2590	+0.002	+0.150
AUD/USD	0.7460	-0.001	-0.134

Analyst Views
U.S Market, Tuesday trading was positive for the bourses across the board riding on stable commodity prices and corporate earnings which tempered the Russian-Ukraine war chaos.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	34807.46	+254.47	+0.74%
SP500	S&P 500	4511.61	+50.43	+1.13%
I:COMP	NASDAQ COMPOSITE INDEX	14108.817117	+270.36	+1.95%

Treasury Bills, Treasury yields hit their highest level since May 2019, 2.375%, after Fed Chairman Jerome Powell on Monday signaled more aggressive rate hikes may be needed to combat inflation. His remarks were made at the National Association of Business Economics.

Corporate actions, Financial shares including JPMorgan, Goldman Sachs and Bank of America rose in tandem with higher yields.

Ticker	Security	Last	Change	Change %
JPM	JPMORGAN CHASE & CO.	142.62	+2.97	+2.13%
GS	THE GOLDMAN SACHS GROUP INC.	343.01	+4.01	+1.18%
BAC	BANK OF AMERICA CORP.	44.18	+1.34	+3.13%

Commodities, Oil closed at $111.76 per barrel, while Brent, the global benchmark, rose to $115.48. Oil prices are up more than 45% this year, and prices for wheat and corn have also surged. Natural gas prices also remain elevated above $5.00

Ticker	Security	Last	Change	Change %
USO	UNITED STATES OIL FUND L.P.	78.56	-0.98	-1.23%
BNO	UNITED STS BRENT OIL FD LP UNIT	31.81	-0.35	-1.09%
UNG	UNITED STATES NATURAL GAS FUND LP UNIT (POST REV SPLIT)	18.09	+0.65	+3.73%

Stocks, Nike shares rose after profits and sales beat Wall Street estimates. Additionally, the apparel giant reiterated its commitment to Foot Locker, which gets a big chunk of revenue from its products.

Ticker	Security	Last	Change	Change %
NKE	NIKE INC.	133.09	+2.90	+2.23%
FL	FOOT LOCKER INC.	31.50	+0.49	+1.60%

Alibaba shares rose after the Amazon of China announced a $25 billion share repurchase plan, its largest ever.

Ticker	Security	Last	Change	Change %
BABA	ALIBABA GROUP HOLDING LTD.	114.98	+11.40	+11.01%

Tesla in focus as CEO Elon Musk opened Germany's Gigi factory in Berlin along with German Chancellor Olaf Scholz. The move is a big win for investors, according to Wedbush Securities analyst Dan Ives. "We cannot stress the production importance of Giga Berlin to the overall success of Tesla's footprint in Europe and globally," said Ives in a research note to clients.

Ticker	Security	Last	Change	Change %
TSLA	TESLA INC.	993.98	+72.82	+7.91%

Drugmakers, Moderna in focus as it announced new development programs to expand use of its COVID-19 vaccine to treat conditions related to the virus.

Ticker	Security	Last	Change	Change %
MRNA	MODERNA INC.	186.72	+11.34	+6.47%

In cryptocurrencies, Bitcoin traded above the $42,000 level.

SPOT MARKET BY THE HOUR AS OF GMT 09:37 03-23-22

European Market, Current trading sentiments are positive though cautious and positions may swing either way depending on new economic developments. London's FTSE climbed by 0.46% to 7,511.03, Germany's DAX climbed by 0.02 to 14,473.7 while France's CAC retreated by 0.25% to 6,641.6

Asia Market, Asian stocks The investors' sentiments are looking up with all monitored stock positive across the board. Tokyo's Nikkei 225 index climbed by 3.00% to 28,040.16, the Hang Seng in Hong Kong retreated by 1.21% to 22,154.08
while China's Shanghai rose by 0.34% to 3,271.03.

Cryptocurrencies, at an intraday range of $41,779.11 by the hour and a maximum of $42,554.37 in 24 hours.