It was a very mixed month for world equity markets, with net monthly changes ranging from +3.6% (Brazil, India, Australia), +3.1% (South Africa), +1.5% (Germany), +1.2% (Japan), -1.7% (China), -3.1% (Russia), -3.2% (USA), to -10.0% (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
Summary
Six world markets were net higher for April, with four net lower.
Brazil, India, and Australia lead the way up, whilst Argentina was severely lower.
The South African market broke a new historic high.
The German, Brazilian, Russian, Indian, Chinese, South African, and Argentinian markets are trading above their respective monthly 10MA.
The German, Chinese, South African, and Argentinian markets have positive monthly momentum
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Looking ahead
Another busy week is ahead, with the market to be focused on the May 7th FOMC. No change in rates can be expected.
Earnings:
M - $BRK.B $TGTX $ON $AXSM $BCRX $RXRX $FRPT $TSN $BNTX $CNA $F $PLTR $HIMS $O $BRBR $EVER $VNOM $CORT $CE $CLX
T - $CELH $DDOG $RACE $DOCN $MAR $PRTH $CEG $GPN $ARRY $ADM $AMD $SMCI $RIVN $TEM $ET $ANET $ALAB $UPST $WYNN $LCID
W - $DIS $UBER $NVO $TEVA $U $VST $GOLD $FLEX $OSCR $BG $APP $CVNA $ARM $CLF $AXON $DASH $BROS $OXY $TBBB $CPRX
T - $SHOP $COP $PTON $QBTS $HUT $CRON $WBD $ACMR $CROX $LNG $COIN $MARA $TTD $MELI $NET $SOUN $DKNG $AFRM $WOLF $INOD
F - $WULF $ENB $DIBS $ANIP $TLS $PAR $AQN $EMBC $ESNT $GOGO
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Econ-data/events:
M - PMI & ISM serv'
T - Intl' trade
W - EIA Pet' report (10.30am)
*FOMC, 2pm, with 2.30pm press conf'*, consumer sent' (3pm)
T - Weekly jobs, productivity, wholesale invent'
F - -
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Have a good weekend... if you deserve it.
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*the next post on this page will likely appear 4.20pm EST on Monday.
