It was a mixed month for world equity markets, with net monthly changes ranging from +5.6% (Japan), +2.5% (USA), +2.3% (India), +0.6% (China), +0.2% (Australia), u/c (South Korea), -0.4% (Germany), -1.2% (Brazil), -3.6% (South Africa), to -8.6% (Russia).
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 - ZADOW
South Korea - Kospi
Australia – AORD
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Summary
Four world equity markets were net higher, one u/c, with five net lower.
Japan was powerfully higher, whilst Russia was very powerfully lower.
The USA, Japan, and South Korean markets broke new historic highs.
The USA, Germany, Japan, Brazil, China, and South Korea are trading about their respective monthly 10MA.
The USA, Japan, Brazil, China, and South Korea have positive monthly momentum.
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Looking ahead
Earnings:
M - -
T - $PENG $EPAC $KRUS $SAR
W - $HELE $LEVI $AZZ
T - $PEP $BYRN $SMPL $NTIC $WDFC $SLP
F - $DAL
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Econ-data/events:
M - PMI & ISM serv'
T - -
W - Wholesale trade, EIA Pet', consumer credit (3pm)
T - Weekly jobs, existing home sales
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, July 6th
