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Michigan Post > Blog > Economics > Market Speak – October 8, 2024 | Economics
Economics

Market Speak – October 8, 2024 | Economics

By Editorial Board Published October 8, 2024 3 Min Read
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Market Speak – October 8, 2024 | Economics

ASIA:

The most important Asian inventory markets had a combined day immediately:

• NIKKEI 225 decreased 395.20 factors or -1.00% to 38,937.54

• Shanghai elevated 153.28 factors or 4.59% to three,489.78

• Cling Seng decreased 2,172.99 factors or -9.41% to twenty,926.79

• ASX 200 decreased 28.50 factors or -0.35% to eight,176.90

• SENSEX elevated 584.81 factors or 0.72% to 81,634.81

• Nifty50 elevated 217.40 factors or 0.88% to 25,013.15

The most important Asian foreign money markets had a combined day immediately:

• AUDUSD decreased 0.00169 or -0.25% to 0.67384

• NZDUSD decreased 0.0009 or -0.15% to 0.61184

• USDJPY elevated 0.105 or 0.07% to 148.235

• USDCNY elevated 0.00426 or 0.06% to 7.07081

The above knowledge was collected round 13:41 EST.

Valuable Metals:

•  Gold decreased 27.41 USD/t oz. or -1.04% to 2,615.52

•  Silver decreased 1.282 USD/t. oz. or -4.05% to 30.358

The above knowledge was collected round 13:44 EST.

EUROPE/EMEA:

The most important Europe inventory markets had a unfavorable day immediately:

•  CAC 40 decreased 54.70 factors or -0.72% to 7,521.32

•  FTSE 100 decreased 113.01 factors or -1.36% to eight,190.61

•  DAX 30 decreased 37.63 factors or -0.20% to 19,066.47

The most important Europe foreign money markets had a combined day immediately:

• EURUSD decreased 0.0003 or -0.03% to 1.09712

• GBPUSD elevated 0.00004 or 0.00% to 1.30847

• USDCHF elevated 0.0031 or 0.36% to 0.85763

The above knowledge was collected round 13:49 EST.

 

US/AMERICAS:

 

US Market Closings:

Dow superior 126.13 factors or 0.3% to 42,080.37
S&P 500 superior 55.19 factors or 0.97% to five,751.13
Nasdaq superior 259.01 factors or 1.45% to 18,182.92
Russell 2000 superior 1.89 factors or 0.09% to 2,194.98

 

Canada Market Closings:

TSX Composite declined 30.2 factors or -0.13% to 24,072.51
TSX 60 declined 1.2 factors or -0.08% to 1,441.95

 

Brazil Market Closing:

Bovespa declined 466.93 factors or -0.35% to 131,550.91

ENERGY:

The oil markets had a combined day immediately:

•  Crude Oil decreased 2.815 USD/BBL or -3.65% to 74.325

•  Brent decreased 2.984 USD/BBL or -3.69% to 77.946

•  Pure gasoline elevated 0.0035 USD/MMBtu or 0.13% to 2.7495

•  Gasoline decreased 0.0724 USD/GAL or -3.36% to 2.0793

•  Heating oil decreased 0.0814 USD/GAL or -3.40% to 2.3110

The above knowledge was collected round 13:51 EST.

•  Prime commodity gainers: Methanol (2.16%), Cheese (9.63%), Cocoa (1.55%) and Bitumen (3.21%)

•  Prime commodity losers: Crude Oil (-3.65%), Brent (-3.69%), Heating Oil (-3.40%) and Silver (-4.05%)

The above knowledge was collected round 13:55 EST.

BONDS:

Japan 0.9260% (+0.03bp), US 2’s 3.97% (-0.031%), US 10’s 4.0340% (+0.1bps); US 30’s 4.32% (+0.009%), Bunds 2.2460% (-0.4bp), France 3.012% (-0.9bp), Italy 3.5520% (-1.6bp), Turkey 29.970% (+194bp), Greece 3.200% (-1.1bp), Portugal 2.7450% (-2.8bp); Spain 2.993% (-1.8bp) and UK Gilts 4.1870% (-2.96bp)

The above knowledge was collected round 13:59 EST.

TAGGED:ArmstrongEconomicsMarketOctoberTalk
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