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The market shows a little movement over the last two days. Mostly it's just flat.

Raw materials bounce back from Sunday's slight dip to return the Raw Material Index to 40, a spot its been happy at for a few days.

After a big drop on Sunday, food prices slip a bit drawing the Food Index down .29 to 78.43.

Weapon prices drop just enough to push the Weapon Index down .31 ending at 76.55.

Wages go up again, moving the Wage Index to 103.39, another record high.

Gold moves back over 2,000 with the Gold Index hitting 120.96.

The Index:



The 1600 AU Index
Based off of the amount of gold a player could earn in a year by working at market wage, selling 20 weapons, 200 food (both Q6) and 1750 raw materials (split 50/50 food/weapons) the 1600 AU Index is flat. Up from Sunday, but down from Saturday's close ending at 281.48



Price changes
Interesting to mote which quality level holds it own. Generally, they fall out as a multiple of Q1 (Q2 is twice Q1, Q3 is three times the price), but they don't always hols that line. Here's food -


Q1 & Q2 have improved as of late relative to the other levels. Looking back, they both have a tend of coming out on top.

Weapons:

Much tighter grouping than food, other than that Q6 which is lone-wolfing it, actually pulling prices up from its lows on Day 1638. It has added $1.50 to Day 1638's price. While most qualities show a modest improvement in price, not all do (I'm looking at you, Q5) and nothing compares to the gain Q6 has not only achieved but held on to. Look at Q1 food. Big spike, but it drops right off.

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World wages in select countries
Our continuing look at net wages around the world. Since we know that anyone can move to any friendly country and get that countries higher net wage, we would expect all the wages to move to the same price. Wages from this morning:


Once again workers from eItaly should be moving to eFrance. There's another 40cc to be made each day. eCanadians can make $65 more by moving to the eUSA. An eTurk can pocket $100 more (before moving costs) by moving to eChina. Workers are always paid in their local currency.

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Moving Averages

For those unfamiliar with a "moving average", in the following charts, the blue line represents the market price at 3:00 eRep time. The red line in the 5-day moving average (average of the last 5-days) of market prices. What that tells us is whether prices are trending downward (the market price is below the moving average) or trending higher (the market price is above the moving average).

Mid-market (Q3 & Q4)




There was a hope that prices would return to the pre-sale level after the company upgrade offer, but that has not been realized. We have reached a "new normal"

Weapons, next:



Same deal. The prices have stabilized at a new, lower level and the 5-day has caught up.

Bonus graph.Wages. The increases in wages have slowed allowing the 5-day to catch it. Still heading north, though.




Note: prices are reflective of a percentage of Day 1600's price (Hence the "1600 Index"). In other words if an index is quoted at 88, that days price is 88% of the price on Day 1600. Except the 1600 AU Index which represents an amount of gold one can buy given market conditions as noted in that section.

Methodology on prices: prices are taken at 3:00 eRep time. The price is the average price of buying 1,000 Raw materials, 500 Food, 100 weapons (at each quality level), and 8 gold, plus the market wage less any fraction of cc (so 240, rather than 240.1). All qualities are standardized to Q1 (per hit or per health).

Sic transit gloria mundi