It was a mixed month for most world equity markets, with net monthly changes ranging from +17.4% (China), +7.8% (Russia), +3.7% (South Africa), +2.7% (Australia), +2.3% (India), +2.2% (Germany), +1.8% (USA), -1.2% (Argentina), -1.9% (Japan), to -2.5% (Brazil).
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
–
Summary
Seven world equity markets were net higher for September, with three net lower.
China was very powerfully higher, whilst Brazil was very significantly lower.
The USA, German, Indian, Chinese, South African, Argentinian, and Australian markets broke new historic highs.
Eight world markets are trading above their respective key monthly 10MA, the two exceptions being Japan and Russia.
Nine world markets have positive monthly momentum, the one exception being Russia
-
Looking ahead
It will be the start of Q3 earnings season, formally beginning with JPM.
Earnings:
M - $NAPA
T - $PEP $ACCD
W - $HELE $BYRN $AZZ $APLD $BSET $ETWO $RELL
T - $TLRY $DAL $DPZ $NEOG $AEHR
F - $JPM $WFC $BLK $BK $BSVN $FAST
-
Econ-data/events:
M - Consumer credit (3pm)
T - NFIB optim', intl' trade
W - Wholesale invent', EIA Pet', FOMC mins (2pm)
T - CPI, Weekly jobs
F - PPI, consumer sent'
--
For more of the same... subscribe to my intraday service.
For details > https://www.tradingsunset.com
Have a good weekend
--
*the next post on this page will likely appear 4.20pm EST on Monday.
