It was a very mixed month for world equity markets, with net monthly changes ranging from +35.6% (Argentina), +9.0% (Japan), +4.0% (Russia), +1.2% (USA), +1.1% (Australia), +0.9% (Germany), -0.7% (India), -3.6% (South Africa), -4.5% (Brazil), to -6.3% (China).
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
Argentina - MerVal
Australia – AORD
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Summary
Six world equity markets were net higher for January, with four net lower.
Argentina was monstrously higher, whilst the Chinese market was very powerfully lower.
The USA, Indian, and Argentinian markets broke new historic highs.
Eight world markets have positive monthly momentum, and are trading above their respective monthly 10MA. The two exceptions being China and South Africa.
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Looking ahead
Earnings:
M - CAT, MCD, ON, EL, TSN, PLTR, SYM, VRTX, NXPI, SPG, AMKR, FMC, CHGG, RMBS, BRBR
T - LLY, SPOT, FL, HTZ, BP, TM, SPR, CMI, AME, SNAP, ENPH, F, CMG, ELF, FTNT, VFC, AMGN, EW, GILD
W - BABA, UBER, CVS, RBLX, XPO, ARCC, BG, SMG, BERY, EMR, PYPL, DIS, ARM, WYNN, ACLS, CFLT, PAYC, MAT, NLY, MCK
T - COP, PM, CCJ, SAVE, HSY, LSPD, DT, ACB, AFRM, PINS, NET, DXCM, EXPE, BILL, TTWO, ILMN, PETS
F - PEP, CGC, ENB, AMCX, OWL, PAA,
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Econ-data/events:
M - PMI/ISM serv'
T - -
W - Intl' trade, EIA Pet', consumer credit (3pm)
T - Weekly jobs, wholesale invent'
F - -
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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.
