It was a mixed month for world equity markets, with net monthly changes ranging from +16.2% (Argentina), +3.7% (China), +2.8% (South Africa), +2.6% (Australia), +1.4% (Japan), +0.6% (Germany), +0.1% (USA), -2.9% (India), -4.0% (Russia), to -4.4% (Brazil).
Lets take our regular look at ten of the world equity markets.
USA - Dow
Germany – DAX
Japan – Nikkei
Brazil – Bovespa
Russia - MOEX
India – SENSEX
China – Shanghai comp'
South Africa – Dow
Argentina - MerVal
Australia – AORD
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Summary
Seven world equity markets were net higher for July, with three net lower.
Argentina was very powerfully higher, whilst Russia and Brazil were powerfully lower.
The German, Brazilian, South African, and Australian markets broke new historic highs.
Nine world markets are trading above their respective monthly 10MA, the exception being Russian.
The German, Brazilian, Chinese, South African, and Australian markets have positive monthly momentum.
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Looking ahead
Earnings:
M - $BRK.B $W $BNTX $ON $AXSM $IEP $TSN $TGTX $BCRX $FRPT $PLTR $HIMS $MELI $NVTS $VRTX $BRBR $BWXT $LSCC $TDUP
T - $PFE $CAT $BP $DUK $LMND $DD $ESPR $ETN $EVTL $MAR $AMD $SMCI $ANET $ALAB $OPEN $SNAP $LCID $UPST $RIVN $CLOV
W - $UBER $SHOP $OSCR $NVO $DIS $FUN $GERN $DAVE $GEO $MCD $APP $IONQ $SYM $DUOL $FTNT $ET $ELF $DKNG $JACK $JOBY
T - $QBTS $CELH $LLY $COP $HUT $VST $ESTA $SONY $TRGP $UUUU $TTD $RKLB $SOUN $SMR $KTOS $XYZ $PINS $TEAM $TTWO $TWLO
F - $FUBO $TEM $WULF $FET $WEN $CGC $PAA $PAR $PMTS $SLVM
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Econ-data/events:
M - Factory orders
T - Intl' trade, PMI and ISM serv'
W - EIA Pet' report
T - Weekly jobs, US prod', wholesale invent', consumer credit (3pm)
F - -
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Have a good weekend
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*the next post on this page will likely appear 4.20pm EDT on Monday.
