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Michigan Post > Blog > Economics > Market Speak – October 24, 2024 | Economics
Economics

Market Speak – October 24, 2024 | Economics

By Editorial Board Published October 24, 2024 4 Min Read
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Market Speak – October 24, 2024 | Economics

ASIA:

The main Asian inventory markets had a blended day at this time:

• NIKKEI 225 elevated 38.43 factors or 0.10% to 38,143.29

• Shanghai decreased 22.54 factors or -0.68% to three,280.26

• Cling Seng decreased 270.53 factors or -1.30% to twenty,489.62

• ASX 200 decreased 9.70 factors or -0.12% to eight,206.30

• SENSEX decreased 16.82 factors or -0.02% to 80,065.16

• Nifty50 decreased 36.10 factors or -0.15% to 24,399.40

The main Asian forex markets had a blended day at this time:

• AUDUSD elevated 0.00048 or 0.07% to 0.66391

• NZDUSD elevated 0.00096 or 0.16% to 0.60149

• USDJPY decreased 1.059 or -0.69% to 151.715

• USDCNY decreased 0.01047 or -0.15% to 7.12514

The above information was collected round 13:16 EST.

Valuable Metals:

•  Gold elevated 14.54 USD/t oz. or 0.53% to 2,735.87

•  Silver decreased 0.172 USD/t. oz. or -0.51% to 33.648

The above information was collected round 13:30 EST.

EUROPE/EMEA:

The main Europe inventory markets had a inexperienced day at this time:

•  CAC 40 elevated 5.80 factors or 0.08% to 7,503.28

•  FTSE 100 elevated 10.74 factors or 0.13% to eight,269.38

•  DAX 30 elevated 65.38 factors or 0.34% to 19,443.00

The main Europe forex markets had a blended day at this time:

• EURUSD elevated 0.00431 or 0.40% to 1.08234

• GBPUSD elevated 0.00613 or 0.47% to 1.29766

• USDCHF decreased 0.00154 or -0.18% to 0.86523

The above information was collected round 13:37 EST.

US/AMERICAS:

US Market Closings:

Dow declined 140.59 factors or -0.33% to 42,374.36
S&P 500 superior 12.44 factors or 0.21% to five,809.86
Nasdaq superior 138.83 factors or 0.76% to 18,415.49
Russell 2000 superior 5.08 factors or 0.23% to 2,218.92

 

Canada Market Closings:

TSX Composite declined 22.07 factors or -0.09% to 24,551.55
TSX 60 declined 3.08 factors or -0.21% to 1,468.24

 

Brazil Market Closing:

Bovespa superior 794.42 factors or 0.6% to 130,027.53

ENERGY:

The oil markets had a blended day at this time:

•  Crude Oil decreased 0.686 USD/BBL or -0.97% to 70.084

•  Brent decreased 0.642 USD/BBL or -0.86% to 74.318

•  Pure fuel elevated 0.1313 USD/MMBtu or 5.61% to 2.4733

•  Gasoline decreased 0.0232 USD/GAL or -1.13% to 2.0257

•  Heating oil decreased 0.0299 USD/GAL or -1.34% to 2.1994

The above information was collected round 13:40 EST.

•  High commodity gainers: Palm Oil (2.76%), Pure Gasoline (5.61%), Orange Juice (1.42%) and Palladium (7.61%)

•  High commodity losers: Lean Hogs (-1.96%), Espresso (-2.88%), Cocoa (-3.45%) and Heating Oil (-1.34%)

The above information was collected round 13:45 EST.

BONDS:

Japan 0.9580% (-2.07bp), US 2’s 4.45% (-0.078%), US 10’s 4.1890% (-5.4bps); US 30’s 4.06% (-0.036%), Bunds 2.2535% (-5.95bp), France 2.989% (-4.7bp), Italy 3.4690% (-5.5bp), Turkey 30.215% (+211.5bp), Greece 3.10% (-8.8bp), Portugal 2.673% (-6.5bp); Spain 2.939% (-6.1bp) and UK Gilts 4.2450% (+3.78bp)

The above information was collected round 13:54 EST.

TAGGED:ArmstrongEconomicsMarketOctoberTalk
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