Global Market Trends (16th Mar., 2022)

March 16, 2022

MAJOR INDEXES
Market report as of 15th Mar., 2022

NAME	LAST	CHG	%CHG
S&P 500	4,262.4500	89.340	2.140
NASDAQ	12,948.620	367.40	2.920
DJIA	33,544.340	599.10	1.820
*FTSE	7,175.7000*	-17.77	-0.25
*NIKKEI	25,762.010*	415.53	1.640
*HSI	19,942.680*	1527.60	8.300
*SHANGHAI	3,170.7100*	106.750	3.480
VIX	28.9700000	-0.8600	-2.88
*DAX	13,917.270*	UNCH	UNCH

S&P500 MARKET MOVERS

TOP

MPWR	Monolithic Power Systems Inc	9.561%
AAL	American Airlines Group Inc	9.263%
UAL	United Airlines Holdings Inc	9.195%
DAL	Delta Air Lines Inc	8.700%
NVDA	NVIDIA Corp	7.703%

BOTTOM

VLO	Valero Energy Corp	6.781%
BKR	Baker Hughes Co	5.706%
XOM	Exxon Mobil Corp	5.691%
SLB	Schlumberger NV	5.511%
CVX	Chevron Corp	5.062%

SECURITIES

BONDS

NAME	YIELD	CHG
US 10-YR	2.196	+0.036
US 30-YR	2.526	+0.023
US 5-YR	2.144	+0.030
US 2-YR	1.868	+0.011
US 3-MO	0.495	+0.031
BUND 10-YR	0.376	+0.046
JPN 10-YR	0.209	-0.004
UK 10-YR	1.572	-0.004

FUTURES & COMMODITIES

NAME	LAST	CHG	%CHG
*OIL	97.9100	+1.470	+1.524
*NAT GAS	4.70900	+0.141	+3.090
*GOLD	1,918.60	-11.10	-0.5750
*SILVER	25.0650	-0.093	-0.3700
*WHEAT	1,145.25	-9.000	-0.7800
*COPPER	4.56300	+0.050	+1.1000

CURRENCIES

NAME	LAST	CHG	%CHG
JPY/USD	0.845	-0	-0.036
USD INDEX	98.91	-0.19	-0.190
USD/JPY	118.35	+0.07	+0.06
GBP/USD	1.304	+0	+0.01
EUR/USD	1.097	+0.001	+0.13
USD/CAD	1.274	-0.002	-0.157
AUD/USD	0.723	+0.003	+0.400

Analyst View
U.S Markets, U.S Stocks prices gathered a late momentum in yesterday's trading riding on moderating oil prices and the Russian-Ukraine crises. The Dow Jones Industrial Average gained 600 points or 1.8% while the S&P 500 rose 2% and the Nasdaq Composite 3%.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	33544.34	+599.10	+1.82%
SP500	S&P 500	4262.45	+89.34	+2.14%
I:COMP	NASDAQ COMPOSITE INDEX	12948.62	+367.40	+2.92%

Commodities, Crude's slide continued Tuesday with U.S. oil hitting $96.44 per barrel, now off 27% from the peak $130 hit last week. Brent, the global benchmark fell to $99.91 as fears rise around China's new COVID-19 outbreak. Gold also retreated to $1,928.50.

Ticker	Security	Last	Change	Change %
USO	UNITED STATES OIL FUND L.P.	68.59	-4.25	-5.83%
BNO	UNITED STS BRENT OIL FD LP UNIT	27.31	-1.99	-6.79%
GLD	SPDR GOLD SHARES TRUST - EUR ACC	178.94	-3.36	-1.84%

Gas prices remained at the $4.31 level, per AAA.

U.S FED, The Federal Reserve kicked off its two-day meeting, and policymakers are widely expected to raise interest rates Wednesday at least 0.25%, putting big banks in a position to charge more for loans.

Ticker	Security	Last	Change	Change %
JPM	JPMORGAN CHASE & CO.	132.52	+2.38	+1.83%
WFC	WELLS FARGO & CO.	50.11	+0.25	+0.50%
C	CITIGROUP INC.	55.12	+0.89	+1.64%

Vaccine Makers, In stocks, vaccine makers are in focus as investors monitor China and the latest COVID surge.

Ticker	Security	Last	Change	Change %
MRNA	MODERNA INC.	148.12	-1.95	-1.30%
PFE	PFIZER INC.	52.24	-0.01	-0.01%
BNTX	BIONTECH SE	145.04	-6.88	-4.53%

Ticker	Security	Last	Change	Change %
DAL	DELTA AIR LINES INC.	34.85	+2.79	+8.72%
UAL	UNITED AIRLINES HOLDINGS INC.	38.24	+3.22	+9.19%
AAL	AMERICAN AIRLINES GROUP INC.	15.57	+1.32	+9.26%
LUV	SOUTHWEST AIRLINES CO.	42.06	+1.96	+4.89%

In deal news, Big Lots surged after Mill Road Capital increased its take in the company and is pushing for a sale.

Ticker	Security	Last	Change	Change %
BIG	BIG LOTS INC.	36.91	+4.92	+15.36%

In cryptocurrencies, Bitcoin hovered at the $39,000 mark despite the jump inequities.

SPOT MARKET BY THE HOUR AS OF GMT 10:08 03-16-22

European Market, Current trading sentiments are negative and all monitored stocks are falling. London's FTSE decreased by 0.25% to 7,175.7, Germany's DAX remains flat at 13,917.27 and France's CAC also jumped by 2.03% to 6,484.03.

Asia Market, Asian stocks Current investment sentiments are choppy and uncertainties pervade the atmosphere. Tokyo's Nikkei 225 index climbed by 1.64% to 25,762.01, the Hang Seng in Hong Kong retreated by 9.08% to 20,087.99 while China's Shanghai also dipped by 3.48% to 3,170.71.

Cryptocurrencies, at an intraday range of $38,865.67 by the hour and a maximum of $41,693.97 in 24 hours.

SOURCE: CNBC
IMAGE SOURCE: PIXABAY
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