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Closing Report 18.08.2021

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Closing Report 18.08.2021

CAC 40 spent half the week in the red

 

AMERICAN MARKETS MID DAY

Markets in the Americas are mostly mixed at Mid-Day. In Wall Street, the three main indexes are all red. After disappointing US retail sales, housing data were released for July. Building permits are up and beat analysts’ expectations. Meanwhile, housing starts retreated by 7% compared to previous figure, slightly below forecasts. Oil inventories are lower, according to EIA and API. NASDAQ 100 and S&P 500 decline by 0.18% and 0.19% at Mid-Day. Investors are waiting for FOMC meeting minutes. Fed’s Bullard (Saint Louis) wishes for rate hike and lower tapering for 2022. Yesterday, Jerome Powell highlighted digital currency was becoming “more and more important”. Regarding the battle against covid-19, the US will offer booster shots, starting on September 2021.

AMERICAN MARKETS
NASDAQ 10014 311.832.19%
DOW JONES34 393.180.68%
S&P 5004 384.981.35%
RUSSELL 20001 929.32-0.10%
S&P/TSX20 608.170.31%
S&P MERVAL87 713.692.03%
IBRX BRAZIL47 798.87-0.65%
IPC MEXICO50 495.680.06%

 

EUROPEAN MARKETS CLOSING

The overall performance of European markets is divided today. CAC 40 is down 1.83% since last Friday, finishing in the red for the 3rd time a row at 6,770.11 points. Luxury sector deeply decreases today. Heavyweight LVMH, Hermès, Kering and L’Oréal lay at the bottom of the index and respectively dive by 5.16%, 3.76%, 3.55% and 1.72% today. On the other hand, Engie, Veolia and Vinci top the index. German DAX climb by 0.28% and is a few points away from its all-time high. German automakers don’t head in the same direction. Daimler, Volkswagen and BMW lose 1.21%, 1.12% and 0.70% at closing bell. Globally, investors favored healthcare and utilities stocks. In the Eurozone, inflation in July (YoY) slightly rose and matched analysts’ forecast.

EUROPEAN MARKETS
CAC 406 965.88-0.82%
FTSE 1007 466.07-1.17%
DAX15 318.95-1.32%
SMI12 104.44-0.60%
AEX744.26-1.26%
IBEX 358 609.80-1.10%
FTSE MIB26 565.41-1.18%
EURO STOXX 504 136.91-1.15%
OMX NORDIC 402 179.29-1.14%

 

ASIAN PACIFIC MARKETS CLOSING

Asian markets mostly climbed higher on Wednesday. After a 4-day losing streak, Nikkei 225 gained 0.59% following trade data. Japanese trade surplus of July beat analysts’ projections and reached ¥441 billion (VS ¥384 billion in June). Besides, Delta strain remains a source of worries. After sharp losses yesterday, Chinese markets showed some signs of recovery. Financial stocks surged today and lifted indexes. Chine Merchants Bank and Industrial Bank soared by 6.79% and 4.24% for instance. Moreover, defensive stocks also increase. CSI 300 and SSE Composite surge by 1.17% and 1.11%. After opening at an all-time high, Nifty 50 erased gains and closed 0.28% lower. Heavyweight HDFC bank opened higher after RBI allowed the Indian bank to issue new credit cards.

ASIAN PACIFIC MARKETS
NIKKEI 22526 717.342.09%
KOSPI2 663.341.87%
HANG SENG23 550.08-1.08%
CSI 3004 563.77-1.21%
SSE COMPOSITE INDEX3 361.44-0.97%
NIFTY 5017 101.95-0.05%
S&P/ASX 2006 988.102.19%
FTSE STRAITS TIMES INDEX3 246.33-0.42%
VN INDEX2 682.810.65%

 

COMMODITIES & FOREX MARKETS

  • EIA says crude oil inventories in the US are down by 3.23 million barrels
  • After concluding 4 trading session in the red, Brent futures are near the flatline today. The barrel changes hands for less than $70

COMMODITIES
OIL BRENT90.851.69%
OIL WTI87.801.37%
NATURAL GAS4.764011.23%
GOLD1 785.20-0.55%
PALLADIUM2 368.000.06%
SILVER22.245-1.90%
WHEAT789.001.54%
COTTON236.051.72%
CORN631.501.00%

 

  • AFN slumps against US Dollar
  • US law maker discuss regulation on cryptocurrencies

CHANGES & CRYPTOS
EUR/CAD1.42320.21%
EUR/USD1.11620.17%
EUR/GBP0.8318-0.11%
EUR/RUB86.6809-0.52%
EUR/CHF1.03770.00%
BTC/USD37 155.564.34%
ETH/USD2 473.44-0.26%

 

Focus on the funding of Chinese start-ups

The Renminbi remains the first currency for start-up funding in China. The semiconductor industry shows a stronger preference for local currency while other industries let more space to US Dollar.

 

CAC 40PERFORMANCES
WORST PERFORMANCESTOP PERFORMANCES
ALTSOM-8.20%LVMH3.23%
ARCELOR MITTAL-5.40%ORANGE1.41%
SAFRAN-3.78%PUBLICIS GROUPE1.01%
DANONE-2.80%TELEPERFORMANCE0.92%
STELLANTIS-2.72%EUROFINS SCIENT.0.85%

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