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
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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.