Global Market Trends (13th Oct., 2021)

October 13, 2021

MAJOR INDEXES
Market report for Monday, 12th October 2021

NAME	LAST	CHG	%CHG
S&P 500	4,350.650	-10.540	-0.240
NASDAQ	14,465.92	-20.280	-0.140
DJIA	34,378.34	-117.72	-0.340
*FTSE	7,092.520*	-37.710	-0.530
*NIKKEI	28,140.28*	-90.330	-0.320
*HSI	24,962.59*	UNCH0	UNCH
*SHANGHAI	3,561.760*	14.8300	0.4200
VIX	19.660000	-0.1900	-0.960
*DAX	15,133.310*	-13.560	-0.090

S&P500 MARKET MOVERS

TOP

MGM	MGM Resorts International	9.613%
ETSY	ETSY Inc	5.338%
ENPH	Enphase Energy Inc	5.321%
VFC	VF Corp	4.224%
F	Ford Motor Co	3.645%

BOTTOM

HPQ	HP Inc	4.082%
CTXS	Citrix Systems Inc	3.940%
MU	Micron Technology Inc	3.612%
WDC	Western Digital Corp	3.507%
BEN	Franklin Resources Inc	3.507%

SECURITIES

BONDS

NAME	YIELD	CHG
US 10-YR	1.5840	+0.004
US 30-YR	2.0930	-0.012
US 5-YR	1.0790	+0.005
US 2-YR	0.3500	+0.002
US 3-MO	0.0580	+0.005
BUND 10-YR	-0.099	-0.002
JPN 10-YR	0.0870	-0.006
UK 10-YR	1.13800	-0.013

FUTURES & COMMODITIES

NAME	LAST	CHG	%CHG
*OIL	80.570	-0.070	-0.09
*NAT GAS	5.4450	-0.060	-1.09
*GOLD	1,762.5	+3.200	+0.18
*SILVER	22.730	+0.216	+0.96
*WHEAT	732.25	-1.7500	-0.24
*COPPER	4.3390	+0.014	+0.31

CURRENCIES

NAME	LAST	CHG	%CHG
JPY/USD	0.8800	+0.00	+0.03
USD INDEX	94.370	-0.150	-0.150
USD/JPY	113.59	-0.010	-0.010
GBP/USD	1.3620	+0.003	+0.24
EUR/USD	1.1550	+0.002	+0.190
USD/CAD	1.2450	-0.002	-0.150
AUD/USD	0.7350	-0.000	-0.040

Analyst View
Investors will most likely trade cautiously because of the trending Inflation and the expected Consumer Price Index figures which are to be released by the Department of Labor today. It is a gauge of how inflation is pressuring costs for consumers.

Tuesday trading on Wall Street saw major indexes volatilising throughout the session, the S&P 500 pulled back for the third time consecutively erasing all the gains of last week, it slipped by 0.2% to 4,350.65. The Dow dropped 0.3% to 34,378.34. The Nasdaq slipped 0.1% to 14,465.92.

European stocks too were laid back with a decline due to the impact of the supply chain and energy crisis.

On the Asian turf, traders traded cautiously as they anticipate corporate earnings and inflationary effects on stocks.Tokyo's Nikkei 225 index fell 0.3% to 28,158.28 and the S&P/ASX 200 edged 0.1% lower to 7,276.80. The Shanghai Composite index declined 0.4% to 3,534.43. Seoul's Kospi gained 0.2% to 2,945.54. Hong Kong was closed for a holiday.

In commodity trading, U.S. benchmark crude oil lost 16 cents to $80.48 per barrel in electronic trading on the New York Mercantile Exchange. It gained 12 cents to $80.64 per barrel on Tuesday. Brent crude, the international standard, declined 16 cents to $83.26 per barrel.

SOURCE: CNBC
IMAGE SOURCE: PIXABAY