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
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Summary
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.
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Looking ahead
The schedule is distinctly light.
Earnings:
M - GTLB
T - CIEN, ASO, SJM, CBRL, SFIX, CASY
W - OLLI, CPB, LOVE, GME, TCOM
T - FCEL, SIG, DOCU, MTN,
F - NIO
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Econ-data:
M - PMI/ISM serv', Factory orders
T -
W - Intl' trade, EIA Pet', consumer credit (3pm)
T - Weekly jobs, Wholesale invent'
F -
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For details, and the latest offers: https://www.tradingsunset.com
Have a good weekend
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*the next post on this page will likely appear 4.20pm EST on Monday.
