March 31st Morning Report

Friday 31st March 2023

US markets closed higher in Thursday afternoon, helped by gains in technology-related shares, while regoinal banks shares eased and investors braced for key inflation data Friday. The Dow Jones Industrial Average closed down 0.32%, while the S&P 500 and Nasdaq Composite were down 0.36% and down 0.68% respectively.

Other key markets ended higher. European stocks closed as follows: the FTSE100 (+0.74%), the Dax 30 (+1.26%), CAC 40 +1.06%) and the STOXX (+1.28%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(-0.36%), HSI (+0.58%) and the Shanghai Composite (+0.65%).

The yield on the US 10 - year note was at 3.551%, while the 2 - year note was at 4.109%. Oil was up to $74.22 per barrel, up 1.71%. The gold price was at US$1999.80 per ounce, up 0.77%.

Morning Report 31 March 2023

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