Saturday, 5 August 2023

Weekend update - World equity markets

It was a bullish month for most world equity markets, with net monthly changes ranging from +7.6% (Russia), +6.1% (Hong Kong), +5.7% (South Africa), +3.3% (USA), +3.0% (Australia), +2.8% (India, China), +2.6% (Brazil), +1.8% (Germany), to -0.05% (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


Summary

Nine world equity markets were net higher for July, with one net lower.

Russia lead the way upward, whilst Japan was fractionally lower.

The German and Indian markets broke new historic highs.

All ten equity markets are trading above their respective monthly 10MA.

Eight equity markets have positive monthly momentum, the two exceptions being Russia and Australia.

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Looking ahead

Earnings:

M - BRK.B, TSN, BNTN, KKR, PLTR, LCID, SWKS, CHGG, PARA, FIVN, RNG, OKE, BYND

T - UPS, LLY, DDOG, AMC, GOLD, CPRI, CRON, NVAX, RIVN, UPST, SMCI, TWLO, MARA, CELH, LAZR

W - RBLX, SONY, PENN, WEN, DIS, PLUG, TTD, WYNN, CGC, SONO, ILMN

T - BABA, USFD, PGY, RL, YETI, SIX, WPM

F - -

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Econ-data/events:

M - Consumer credit report (3pm)

T - Intl' trade, wholesale invent'

W - EIA Pet'

T - CPI, Weekly jobs, US T-budget

F - PPI, consumer sent'

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For details... 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.