Closing Report 10.08.2021

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Markets are moving upwards in sight of the US Senate’s vote

 

AMERICAN MARKETS MID DAY

Us major are moving up at European closing time ahead of today’s vote in the Senate on the one trillion-dollar bipartisan infrastructure bill. With new coronavirus cases rising steadily in the United States, progress on the infrastructure package is expected to help gauge fiscal support for the next leg of recovery in the world’s largest economy. Meanwhile, Equifax is set to acquire Appriss Insights, and Robinhood aims to buy Say Technologies.

AMERICAN MARKETS
NASDAQ 10015 659.28-0.67%
DOW JONES36 347.880.31%
S&P 5004 692.07-0.09%
RUSSELL 20002 197.90-0.38%
S&P/TSX21 074.050.01%
S&P MERVAL83 976.230.26%
IBRX BRAZIL43 655.550.57%
IPC MEXICO53 172.740.22%

 

EUROPEAN MARKETS CLOSING

European stock markets closed upwards today in anticpation of the US Senate’s vote. On the pandemic front, UK announced that more than 75% of its population received both doses of vaccine, while the country’s figure for deaths from the effect of COVID-19 recorded daily in the UK came in at 146 this Tuesday, its highest level since March 12. The country’s index, the FTSE 100, is up by 0,40% led by the surge of Flutter Entertainment (7,81%) while the DAX gained 0,16% as Covestro AG advanced by 1,90%. In France, STMicroelectronics rose to a 5-year highs, to 36,50.

 

EUROPEAN MARKETS
CAC 407 219.48-0.42%
FTSE 1007 485.280.47%
DAX15 947.74-0.65%
SMI12 797.940.04%
AEX788.430.32%
IBEX 358 751.80-0.43%
FTSE MIB27 618.47-0.13%
EURO STOXX 504 305.83-0.44%
OMX NORDIC 402 363.88-1.37%

 

ASIAN PACIFIC MARKETS CLOSING

Asia-Pacific region traded mostly higher amid ongoing debate on central bank asset tapering and worries about COVID-19 where China registered its second-highest daily increase in new cases this year. The Japan’s NIKKEI 225 is up 0,24% after yesterday’s holiday while the Australian ASX 200 rose 0,32% after the country adopted the use of Moderna as its third COVID-19 vaccine.

ASIAN PACIFIC MARKETS
NIKKEI 22528 478.56-0.03%
KOSPI2 954.891.18%
HANG SENG23 493.381.82%
CSI 3004 822.370.09%
SSE COMPOSITE INDEX3 579.54-0.18%
NIFTY 5017 812.700.38%
S&P/ASX 2007 453.301.29%
FTSE STRAITS TIMES INDEX3 205.260.66%
VN INDEX2 867.33-0.61%

 

COMMODITIES & FOREX MARKETS

Oil prices rose more than 3% today due to a rising demand in Europe and United States and after more than a week of losses.

Gold futures turned lower Tuesday morning, extending declines a day after putting in the lowest settlement since March on Monday, following a plunge of more than 5% intraday in early Asian trading hours.

The EUR/USD has fallen during today’s session due to the bond markets, as the United States rates continue to climb, while the German rates are negative in some of the bond markets. Therefore, the USD is more attractive than the EUR.

 

COMMODITIES
OIL BRENT81.76-0.28%
OIL WTI79.00-0.58%
NATURAL GAS3.9343.20%
GOLD1 791.800.15%
PALLADIUM1 909.001.87%
SILVER22.240.23%
WHEAT751.500.77%
COTTON239.053.17%
CORN606.750.50%

 

CHANGES & CRYPTOS
EUR/CAD1.4362-0.06%
EUR/USD1.13560.57%
EUR/GBP0.83620.20%
EUR/RUB85.4075-0.91%
EUR/CHF1.04390.30%
BTC/USD42 075.12-2.61%
ETH/USD3 196.39-6.01%

 

Asia is being severely hit by the pandemic 

Bank of America said in a report last week that its calculations showed that average daily cases in the region rose 162% last month to reach a new record of 72,200, tripling daily deaths from 500 a day to 1,500 people on average. According to the bank, Indonesia and Malaysia recorded the highest mortality per million inhabitants in July. The situation has forced Southeast Asian governments to close closures and social restrictions again in an effort to slow the spread, as some have run out of hospital beds, medical equipment and oxygen supplies. Malaysia has tried to tame the outbreak, despite introducing several rounds of restrictions and a state of emergency.

Reports say the country will loosen some restrictions on fully vaccinated people in eight states, which have reduced the number of cases and achieved higher vaccination rates. Singapore tightened restrictions in July following the creation of several clusters around karaoke lounges, wet markets and food centers.

 

 

 

CAC 40PERFORMANCES
WORST PERFORMANCESTOP PERFORMANCES
HERMES-3.82%STMICROELECTRONICS3.45%
ESSILORLUXOTTICA-3.05%ARCELOR MITTAL3.40%
PERNOD RICARD-2.35%VEOLIA ENVIRON.2.60%
DASSAULT SYSTEMES-1.79%TOTAL ENERGIES1.14%
CAPGEMINI-1.57%SAINT GOBAIN1.07%

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