GLOBAL MARKET TRENDS (22nd Sept. 2021)

September 23, 2021

MAJOR INDEXES

NAME	LAST	CHG	%CHG
S&P 500	4395.640	41.4500	0.950
NASDAQ	14896.85	150.450	1.020
DJIA	34258.32	338.480	1.000
*FTSE	7083.37*	102.390	1.470
*NIKKEI	29639.40*	-200.31	-0.67
*HSI	24445.28*	223.740	0.920
*SHANGHAI	3642.130*	13.6400	0.380
VIX	20.870000	UNCH	0.000
*DAX	15506.74*	UNCH	0.000

DOW MARKET MOVERS

TOP

BA	Boeing Co	4.062%
CVX	Chevron Corp	2.942%
AXP	American Express Co	2.585%
GS	Goldman Sachs Group Inc	2.562%
JPM	JPMorgan Chase & Co	1.915%

BOTTOM

UNH	UnitedHealth Group Inc	0.883%
AMGN	Amgen Inc	0.799%
JNJ	Johnson & Johnson	0.365%
WMT	Walmart Inc	0.231%
WBA	Walgreens Boots Alliance Inc	0.021%

SECURITIES

BONDS

NAME	YIELD	CHG
US 10-YR	1.336	+0.005
US 30-YR	1.844	-0.004
US 5-YR	0.880	+0.013
US 2-YR	0.247	+0.007
US 3-MO	0.035	+0.005
BUND 10-YR	-0.293	+0.035
JPN 10-YR	0.028	-0.008
UK 10-YR	0.827	+0.027

FUTURES & COMMODITIES

NAME	LAST	CHG	%CHG
*OIL	72.320	+0.090	+0.120
*NAT GAS	4.7760	-0.029	-0.600
*GOLD	1,764.2	-14.60	-0.820
*SILVER	22.620	-0.287	-1.250
*WHEAT	710.50	+4.750	+0.670
*COPPER	4.2080	-0.045	-1.050

CURRENCIES

NAME	LAST	CHG	%CHG
JPY/USD	0.9090	-0.001	-0.14
USD INDEX	93.240	-0.220	-0.24
USD/JPY	109.94	+0.160	+0.15
GBP/USD	1.3650	+0.002	+0.18
EUR/USD	1.1720	+0.004	+0.31
USD/CAD	1.2710	-0.0060	-0.49
AUD/USD	0.7260	+0.002	+0.22

Analyst View

U.S. stocks posted strong gains but finished off session highs Wednesday after the Federal Reserve signaled tapering would likely begin later this year and that interest rate hikes will start in 2022. The Dow Jones Industrial Average rose 338 points, or 1% while the S&P 500 index and the Nasdaq Composite index advanced 0.95% and 1.02%, respectively.

European bourses rallied across the board with Britain’s FTSE 100 up 1.47%, France’s CAC 40 gaining 1.29% and Germany’s DAX 30 rising 1.03%. In Asia, China’s Shanghai Composite index jumped 0.4% while Japan’s Nikkei 225 lost 0.67%. Hong Kong’s Hang Seng index was closed for holiday.

In commodities, West Texas Intermediate crude oil surged $1.74 to $72.23 a barrel and gold edged up 70 cents to $1,776.70 an ounce.