Extraordinary returns in 8 days

From their closing prices on Friday October 30th, 2020 (in only 8 trading days), this list of selected equity indices, commodities and currencies have produced the following returns.

Spain’s IBEX 20%
France’s CAC 20%
Italy’s MIB + 16.2%
KBW (U.S.) Bank Index 15.8%
Germany’s DAX 14%
The U.K.’s FTSE 13%
Russell 200 (small cap) 12.9%
Russia’s MOEX 12.8%
MidCap 400 11%
Singapore’s Strait Times 11%
Japan’s Nikkei 10.1%
Hong Kong’s Hang Seng 9%
DJ Transports 8.9%
Australia’s ASX 200 + 8.8%
India’s Nifty 50 8.6%
S&P 500 8.4%
HSCEI 8.3%
Korea’s Kospi 8.2%
Nasdaq 6%
Shanghai Composite 3.8%

Gold in USD 0.2%
Gold in AUD (3.7%)

Lumber 17%
Heating Oil 16.7%
Brent Crude Oil 16.2%
Corn 7%
Iron Ore 5.2%
Platinum 5%

UK 10 Year (10’s) Government Bond Yield +52%
Australian 10’s yield +19%
Canadian 10’s +16.7%
U.S. 10’s +12%

and currencies;
AUD 3.8%
NZD 4%
Bitcoin + 13.6%

November 11, 2020
by Rob Zdravevski
rob@karriasset.com.au