23rd March 2022 Morning Report

Wednesday 23rd March 2022

US markets closed higher on Tuesday as investors adjusted expectations for interest rate raising while Treasury yields and Brent crude oil prices continued to climb.

The Dow Jones Industrial Average closed up 0.81%, while the S&P 500 and Nasdaq Composite were up 1.23% and 2.10%, respectively.

Other key markets ended higher. European stocks closed as follows: the FTSE100 (+0.46%), the Dax 30 (+1.02%), CAC 40 (+1.17%) and the STOXX (+1.14%). In Asia, the Hang Seng and Shanghai indices closed higher. The key Asian indices ended yesterday as follows: Nikkei 225(+1.48%), HSI (+3.15%) and the Shanghai Composite (+0.19%).

The yield on the US 10 - year note was at 2.381%, while the 2 - year note was at 2.162%. Oil was up to $115.4 per barrel, up 7.68%. The gold price was at US$1921.36 per ounce, down 0.74%.

Morning Report 23 March 2022

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