It was a very mixed month for world equity markets, with net monthly changes ranging from +4.4% (USA, South Africa), +3.8% (Australia), +3.4% (India), +2.9% (Brazil), +1.5% (Germany), -1.0% (China), -1.2% (Japan), -6.9% (Russia), to -8.0% (Argentina).
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 July, with four net lower.
The USA and South Africa lead the way up, whilst Russia and Argentina were very powerfully lower.
The USA, Japan, India, South Africa, Argentina, and Australian markets broke new historic highs.
Eight world equity markets are trading above their respective monthly 10MA, the two exceptions being Russian and China.
Nine world equity markets have positive monthly momentum, the exception being China.
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Looking ahead
Earnings:
M - $BRK.B $KRYS $FRPT $AMRE $TSN $AXSM $BNTX $PLTR $HIMS $CLOV $LCID $O $CAR $TDC $CSX $ZI $SPG
T - $UBER $CELH $FUBO $CAT $BAX $VMC $ATI $CEG $YOU $MPC $SMCI $RIVN $ABNB $WYNN $DVN $RDDT $GCT $AXON $UPST $AMGN
W - $DIS $SHOP $NVO $CVS $GPN $EMR $ACB $LYFT $SONY $DT $HOOD $MGNI $APP $APPS $SRPT $HUBS $OXY $ET $CDE $BROS
T - $LLY $VST $PLUG $DDOG $LNG $NVAX $CRON $CYBR $HIMX $MPW $SOUN $ELF $U $PARA $TTD $RKLB $CLSK $ARRY $DNA $BTG
F - $CGC $NKLA $ERJ $NFE $ROAD $BRY $LEGN $EMBC $AMCX $AQN
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Econ-data/events:
M - PMI/ISM serv'
T - Intl' trade
W - EIA Pet' (10.30am), Consumer credit (3pm)
T - Weekly jobs, wholesale invent'
F - -
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Have a good weekend
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*the next post on this page will likely appear 4.20pm EST on Monday.
