It was a mixed month for world equity markets, with net monthly changes ranging from -8.3% (Hong Kong), -7.3% (South Africa), -3.6% (China), -3.5% (USA), -3.0% (Australia), -1.6% (Germany), +2.1% (Russia), +2.5% (India), +4.2% (Brazil), to +7.0% (Japan).
Lets take our regular look at ten of the world equity markets.
USA - Dow
Germany – DAX
Japan – Nikkei
Brazil – Bovespa
Russia - RTSI
India – SENSEX
China – Shanghai comp'
South Africa – Dow
Hong Kong – Hang Seng
Australia – AORD
Six world equity markets were net lower for May, with four net higher.
Hong Kong was very powerfully lower, whilst Japan was very powerfully higher.
The German market broke a new historic high.
The USA, Germany, Japan, India, and Chinese markets are trading above their respective monthly 10MA.
Germany, Japan, and Hong Kong, have positive monthly momentum.
The schedule is distinctly light.
M - GTLB
T - CIEN, ASO, SJM, CBRL, SFIX, CASY
W - OLLI, CPB, LOVE, GME, TCOM
T - FCEL, SIG, DOCU, MTN,
F - NIO
M - PMI/ISM serv', Factory orders
W - Intl' trade, EIA Pet', consumer credit (3pm)
T - Weekly jobs, Wholesale invent'
For details, and the latest offers: https://www.tradingsunset.com
Have a good weekend
*the next post on this page will likely appear 4.20pm EST on Monday.