It was a bearish month for most world equity markets, with net monthly changes ranging from -10.4% (Russia), -5.8% (India), -1.8% (Brazil), -1.7% (China), -1.4% (Australia), -1.3% (USA, Germany), -0.8% (South Africa), +3.1% (Japan), to +8.9% (Argentina).
Lets take our regular look at ten of the world equity markets.
USA - Dow
Germany – DAX
Japan – Nikkei
Brazil – Bovespa
Russia - RTSI
India – SENSEX
China – Shanghai comp'
South Africa – Dow
Argentina - MerVal
Australia – AORD
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Summary
Eight world equity markets were net lower for October, with two net higher.
The Russian market lead the way down, whilst the Argentinian market was strongest.
The USA, German, South African, Argentinian, and Australian markets broke new hist' highs.
Nine world equity markets have positive monthly momentum, are trading above their respective monthly 10MA, the exception being Russia.
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Looking ahead
Earnings:
M - $BRK.B $CEG $MAR $DOCN $FRPT $BNTX $PLTR $CLF $HIMS $WYNN $ALAB $NVTS $LSCC $NXPI $ILMN $GT
T - $MLCO $SNDL $ADM $APLSA $APO $NMM $RACE $LPX $GFS $BLDR $SMCI $DVN $PAAS $KGC $LUMN $CPNG $MCHP $BBAI $EXAS $IRBT
W - $CELH $NVO $CVS $ACB $HWM $TEVA $FUN $TM $JCI $AEP $ARM $AMC $QCOM $ELF $CLOV $APP $CDE $HL $MELI $IONQ
T - $VST $MRNA $GOLD $DDOG $HAL $MPW $CCJ $ESPR $HSY $GEO $DKNG $ANET $SQ $RIVN $U $TTD $AFRM $FTNT $PINS $ABNB
F - $IEP $ERJ $CGC $GTN $SONY $NRG $ADNT $AXL $FLR $BLMN
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Econ-data/events:
M - Factory Orders
T - Intl' trade, ISM serv', *** (the last?) USA Election***
W - PMI serv', EIA Pet'
T - Weekly jobs, productivity, wholesale invent', consumer credit (3pm)
*2pm FOMC announcement, 2.30pm Press' conf'.
F - consumer sent', US t-budget (2pm)
*USA clocks roll back one hour... early Sunday, Nov'3rd
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Have a good weekend
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*the next post on this page will likely appear 4.20pm EST on Monday.
