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Weekly Report on Financial Markets (October 20 – October 24)
 
The bond market fluctuated narrowly. The yield on the 10-year U.S. Treasury bonds remained unchanged at 4.02%. The yield on the 10-year RMB Chinese government bonds rose by 2 basis points to 1.85%.

The exchange rate market showed mixed movements. The U.S. dollar appreciated by 0.40% to 98.94, the euro depreciated by 0.21% to 1.1627, and the Japanese yen depreciated by 1.50% to 152.89. The RMB appreciated by 0.05% against the U.S dollar to 7.1230.

Commodity markets showed differentiation. London spot gold prices dropped by 2.85% to USD4,104.40 per ounce, while WTI crude oil futures rose by 6.88% to USD61.50 per barrel.

The stock market recorded an overall upturn. The Dow Jones Industrial Average rose by 2.20% to 47,207.12, the S&P 500 Index increased by 1.92% to 6,791.69, and the Nasdaq Composite Index rose by 2.31% to 23,204.8. The SSE Composite Index rose by 2.88% to 3,950.31, while the SZSE Component Index rose by 4.73% to 13,289.18.

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