Germany Lets Economy Plunge to Meet Climate Change Goals
Germany is on track to meet its climate change initiatives at the expense of its economy. To look at the overall health of the European Union, we may look directly [...]
Market Talk – October 31, 2024
ASIA:
The major Asian stock markets had a mixed day today:
• NIKKEI 225 decreased 196.14 points or -0.50% to 39,081.25
• Shanghai increased 13.59 points or 0.42% to 3,279.82
• Hang Seng decreased 63.31 points or -0.31% to 20,317.33
• ASX 200 decreased 20.40 points or -0.25% to 8,160.00
• SENSEX decreased 553.12 points or -0.69% to 79,389.06
• Nifty50 decreased 135.50 points or -0.56% to 24,205.35
The major Asian currency markets had a mixed day today:
• AUDUSD increased 0.00013 or 0.02% to 0.65737
• NZDUSD decreased 0.00026 or -0.04% to 0.59683
• USDJPY decreased 1.208 or -0.79% to 152.036
• USDCNY decreased 0.0023 or -0.03% to 7.12397
The above data was collected around 15:17 EST.
Precious Metals:
• Gold decreased 36.58 USD/t oz. or -1.31% to 2,748.84
• Silver decreased 0.976 USD/t. oz. or -2.89% to 32.766
The above data was collected around 15:19 EST.
EUROPE/EMEA:
The major Europe stock markets had a negative day today:
• CAC 40 decreased 77.99 points or -1.05% to 7,350.37
• FTSE 100 decreased 49.53 points or -0.61% to 8,110.10
• DAX 30 decreased 179.80 points or -0.93% to 19,077.54
The major Europe currency markets had a mixed day today:
• EURUSD increased 0.00114 or 0.10% to 1.08694
• GBPUSD decreased 0.00747 or -0.58% to 1.28830
• USDCHF decreased 0.00238 or -0.27% to 0.86407
The above data was collected around 15:22 EST.
US/AMERICAS:
US Market Closings:
- Dow declined 378.08 points or -0.9% to 41,763.46
- S&P 500 declined 108.22 points or -1.86% to 5,705.45
- Nasdaq declined 512.78 points o -2.76% to 18,095.15
- Russell 2000 declined 36.37 points or -1.63% to 2,196.66
Canada Market Closings:
- TSX Composite declined 342.82 points or -1.4% to 24,164.97
- TSX 60 declined 20.12 points or -1.37% to 1,445.77
Brazil Market Closing:
- Bovespa declined 903.92 points or -0.69% to 129,735.41
ENERGY:
The oil markets had a mixed day today:
• Crude Oil increased 1.998 USD/BBL or 2.91% to 70.608
• Brent increased 1.986 USD/BBL or 2.75% to 74.145
• Natural gas decreased 0.1415 USD/MMBtu or -4.97% to 2.7035
• Gasoline increased 0.0384 USD/GAL or 1.95% to 2.0043
• Heating oil increased 0.079 USD/GAL or 3.61% to 2.2666
The above data was collected around 15:26 EST.
• Top commodity gainers: Crude Oil (2.91%), Cheese (3.39%), Heating Oil (3.61%) and Brent (2.75%)
• Top commodity losers: Natural Gas (-4.97%), Silver (-2.89%), Palladium (-2.20%) and Feeder Cattle (-2.08%)
The above data was collected around 15:31 EST.
BONDS:
Japan 0.9410% (-1.17bp), US 2’s 4.19% (-0.004%), US 10’s 4.2910% (-1.2bps); US 30’s 4.48% (-0.019%), Bunds 2.3910% (+1.6bp), France 3.125% (+1bp), Italy 3.6410% (+1.3bp), Turkey 30.605% (+210.5bp), Greece 3.345% (+5.8bp), Portugal 2.823% (+1.3bp); Spain 3.087% (-2.2bp) and UK Gilts 4.4310% (+6.87bp)
The above data was collected around 15:52 EST.
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