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Michigan Post > Blog > Economics > Market Speak – October 16, 2024 | Economics
Economics

Market Speak – October 16, 2024 | Economics

By Editorial Board Published October 16, 2024 3 Min Read
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Market Speak – October 16, 2024 | Economics

Market Speak – October 16, 2024 | Economics

ASIA:

The main Asian inventory markets had a combined day right now:

• NIKKEI 225 decreased 730.25 factors or -1.83% to 39,180.30

• Shanghai elevated 1.66 factors or 0.05% to three,202.95

• Dangle Seng decreased 31.94 factors or -0.16% to twenty,286.85

• ASX 200 decreased 33.70 factors or -0.41% to eight,284.70

• SENSEX decreased 318.76 factors or -0.39% to 81,501.36

• Nifty50 decreased 86.05 factors or -0.34% to 24,971.30

The main Asian foreign money markets had a combined day right now:

• AUDUSD decreased 0.00119 or -0.18% to 0.66654

• NZDUSD elevated 0.00067 or 0.11% to 0.60584

• USDJPY elevated 0.68 or 0.46% to 149.768

• USDCNY decreased 0.00363 or -0.05% to 7.13533

The above information was collected round 13:16 EST.

Treasured Metals:

•  Gold elevated 12.76 USD/t oz. or 0.48% to 2,673.21

•  Silver elevated 0.298 USD/t. oz. or 0.95% to 31.764

The above information was collected round 13:23 EST.

EUROPE/EMEA:

The main Europe inventory markets had a combined day right now:

•  CAC 40 decreased 29.97 factors or -0.40% to 7,492.00

•  FTSE 100 elevated 79.79 factors or 0.97% to eight,329.07

•  DAX 30 decreased 53.38 factors or -0.27% to 19,432.81

The main Europe foreign money markets had a combined day right now:

• EURUSD decreased 0.00181 or -0.17% to 1.08650

• GBPUSD decreased 0.00656 or -0.50% to 1.29990

• USDCHF elevated 0.00185 or 0.21% to 0.86444

The above information was collected round 13:28 EST.

US/AMERICAS:

US Market Closings:

Dow superior 337.28 factors or 0.79% to 43,077.7
S&P 500 superior 27.21 factors or 0.47% to five,842.47
Nasdaq superior 51.49 factors or 0.28% to 18,367.08
Russell 2000 superior 36.86 factors or 1.64% to 2,286.68

 

Canada Market Closings:

TSX Composite superior 122.12 factors or 0.5% to 24,561.2
TSX 60 superior 7.89 factors or 0.54% to 1,470.31

 

Brazil Market Closing:

Bovespa superior 625.05 factors or 0.48% o 131,668.32

ENERGY:

The oil markets had a combined day right now:

•  Crude Oil elevated 0.025 USD/BBL or 0.04% to 70.605

•  Brent elevated 0.13 USD/BBL or 0.17% to 74.380

•  Pure fuel decreased 0.1153 USD/MMBtu or -4.62% to 2.3827

•  Gasoline elevated 0.0084 USD/GAL or 0.41% to 2.0501

•  Heating oil decreased 0.0163 USD/GAL or -0.74% to 2.1791

The above information was collected round 13:30 EST.

•  Prime commodity gainers: Palm Oil (1.52%), Cheese (9.20%), Oat (2.20%) and Lean Hogs (2.86%)

•  Prime commodity losers: Bitumen (-2.07%), Sugar (-3.76%), Cocoa (-3.96%) and Pure Gasoline (-4.62%)

The above information was collected round 13:42 EST.

BONDS:

Japan 0.9550% (-2.1bp), US 2’s 3.95% (-0.010%), US 10’s 4.0200% (-1.7bps); US 30’s 4.30% (-0.020%), Bunds 2.1875% (-4.05bp), France 2.921% (-4bp), Italy 3.4070% (-5.8bp), Turkey 27.270% (+0bp), Greece 3.048% (-9.5bp), Portugal 2.647% (-3.6bp); Spain 2.905% (-3.9bp) and UK Gilts 4.0680% (-10.14bp)

The above information was collected round 13:50 EST.

TAGGED:ArmstrongEconomicsMarketOctoberTalk
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