US close, Asia & nos...45 Aug 2021 06:21
DJ -324 (34,793)
SP -20 (4403)
NS +22 (15,083)
R2 -23 (1322)
WTI $68β’40
10ytb 1β’197%
Spikes of covid infections cont to spook investors with 30 cities in Japan under lockdown, yet the 225 is ahead 95 in early trading noting better Dow futures today. Foreign funds have been increasing their weighting in Chinese stocks driven by its long term growth prospects and commitment to open up mrkts, shares are flat on the two mainland independent Stock Exchanges. The smaller SHENZEN index is up 5% ytd the larger SHCOMP is flat.
Australia is ahead 15 nearing record highs driven up by techs and energy and for the moment ignoring the worsening domestic virus situation. Other Pan Pacifics are mixed, the Bursa Malaysia the worst performer in the region is slightly up but down 8% ytd.
Latest:- Oil $70β’62. Vix 17β’97.
Gold $1813. Copper $4β’340.
Palm $1210. Silver $25β’405.
$1β’390. β¬1β’173. FF+4. DF +56.
Morning all.