October 23, 2024 Market Update

Welcome to Extreme Investor Network, your go-to source for the latest updates on the global economy and financial markets. Today, we’ll be diving into a detailed analysis of the Asian, European, and American markets to give you a comprehensive overview of the day’s events.

Asian Markets

In the Asian stock markets, we saw a mixed day with some gains and losses across the board. The NIKKEI 225 decreased by 0.80%, while Shanghai and Hang Seng saw some gains. The major Asian currency markets also had a mixed day, with fluctuations in the AUDUSD, NZDUSD, USDJPY, and USDCNY pairs.

Precious Metals

In the precious metals sector, both gold and silver saw a decrease in value. Gold fell by 0.99% to $2,719.46, while silver dropped by 3.08% to $33.654 per ounce.

Related:  BitMEX to Introduce IOUSDT Perpetual Swap Offering Up to 10x Leverage

European Markets

Moving on to Europe, we observed a negative trend in the major stock markets. The CAC 40, FTSE 100, and DAX 30 all saw declines in their values. The European currency markets also experienced some fluctuations, with changes in the EURUSD, GBPUSD, and USDCHF pairs.

US and Americas Markets

In the US, market closings reflected a downward trend, with declines in the Dow, S&P 500, Nasdaq, and Russell 2000 indices. Canada and Brazil also saw decreases in their respective markets.

Energy Markets

The oil markets had a negative day, with both crude oil and Brent seeing declines in their prices. Natural gas, gasoline, and heating oil also experienced decreases in their values.

Related:  Market Update - January 17, 2025

Commodity Update

Top commodity gainers included Palm Oil, Cheese, Bitumen, and Sugar, while the top losers were Crude Oil, Silver, Cocoa, and Palladium.

Bonds

Lastly, in the bond market, we observed fluctuations in yields across different countries, including Japan, the US, Germany, Italy, Turkey, Greece, Portugal, Spain, and the UK.

Stay tuned to Extreme Investor Network for more in-depth analysis and insights into the ever-changing world of economics and finance. Make informed investment decisions with our expert market updates and trend analysis. Don’t miss out on the latest financial news – subscribe to Extreme Investor Network today!

Source link