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Global Market Trends (23rd Feb., 2022)

February 23, 2022

MAJOR INDEXES
Market report as of 22nd, February 2022      

NAME                  LAST  CHG %CHG
S&P 500                       4,304.7600 -44.110 -1.01
NASDAQ                  13,381.520 -166.55 -1.23
DJIA                         33,596.610 -482.57 -1.42
*FTSE                      7,532.2900* 38.0800 0.510
*NIKKEI              26,449.610* -461.26 -1.71
*HSI                  23,660.280* 140.280 0.600
*SHANGHAI          3,489.1500* 32.0000 0.930
VIX                           27.7400000 -1.0700 -3.71
*DAX                    14,795.370* 102.370 0.700
S&P500 MARKET MOVERS
TOP
KHC
Kraft Heinz Co
 5.044%  
MDT
Medtronic PLC
 3.122%  
CARR
Carrier Global Corp
 2.745%  
PPL
PPL Corp
 2.720%  
BAX
Baxter International Inc
 2.562%  
BOTTOM
HD
Home Depot Inc
 8.851%  
BBY
Best Buy Co Inc
 7.328%  
TSCO
Tractor Supply Co
 6.453%  
MHK
Mohawk Industries Inc
 5.632%  
DISCK
Discovery Inc
 5.548%  
SECURITIES
BONDS
NAME YIELD CHG
US 10-YR 1.974 +0.026
US 30-YR 2.264 +0.011
US 5-YR 1.908 +0.044
US 2-YR 1.624 +0.037
US 3-MO 0.411 +0.018
BUND 10-YR 0.250 +0.009
JPN 10-YR 0.195 -0.018
UK 10-YR 1.470 -0.003



FUTURES & COMMODITIES

NAME LAST CHG %CHG
*OIL 91.7800 -0.130 -0.141
*NAT GAS 4.4920 -0.006 -0.130
*GOLD 1,897.7 -9.700 -0.509
*SILVER 24.140 -0.171 -0.700
*WHEAT 846.25 -6.250 -0.730
*COPPER 4.5340 +0.023 +0.510



CURRENCIES
NAME LAST CHG %CHG
JPY/USD 0.8690 +0.00 +0.02
USD INDEX 95.910 -0.120 -0.120
USD/JPY 115.03 -0.050 -0.043
GBP/USD 1.3610 +0.003 +0.210
EUR/USD 1.1340 +0.002 +0.170
USD/CAD 1.2720 -0.0050 -0.423
AUD/USD 0.7250 +0.003 +0.470



Analyst Views
U.S. stocks fell across the board in Tuesday's trading session as the West began the unloading of sanctions on Russia in response to Vladimir Putin's ordering of troops into separatist regions of eastern Ukraine, these actions weigh down on investors' sentiments. 
The Dow Jones Industrial Average closed down over 482 points, or 1.4%, erasing a deficit of around 700 points. The S&P lost 1% and the Nasdaq Composite 1.2%. 

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 33596.61 -482.57 -1.42%
SP500 S&P 500 4304.76 -44.11 -1.01%
I:COMP NASDAQ COMPOSITE INDEX      13381.516325 -166.55 -1.23%

Politics, Biden, late afternoon, announced a series of sanctions against Russian banks, sovereign debt, and three oligarchs who reportedly have close ties to Putin. 

Commodities, West Texas Intermediate crude spiked to over $93 per barrel, before easing, while Brent, the global benchmark hit $97, as Germany announced plans to halt the process of certifying the Nord Stream 2 gas pipeline from Russia because of Moscow's actions in Ukraine, Chancellor Olaf Scholz announced. Natural gas prices jumped over 3%. 

Ticker Security Last Change Change %
USO UNITED STATES OIL FUND L.P. 65.54 +0.80 +1.24%
BNO UNITED STS BRENT OIL FD LP UNIT 25.83 +0.51 +2.01%
UNG UNITED STATES NATURAL GAS FUND LP UNIT (POST REV SPLIT) 15.67 +0.26 +1.69%

Invasion and Inflation, The Russian gradual invasion of Ukraine is bound to hike the global price of Oil and Gas which will further exacerbate the growing inflationary trend. "Indeed, a full-scale invasion of Ukraine by Russia will leave many central banks with itchy hiking trigger fingers in a quandary," Jeffrey Halley of Oanda said in a report. "The immediate impact would be an exacerbation of the rampant inflationary pressures globally as oil hits $130.00+ a barrel."

Digital World,  shares of Digital World Acquisition, the company behind Donald Trump's social media app Truth, rallied on brisk downloads. 

Ticker Security Last Change Change %
DWAC DIGITAL WORLD ACQUISITION CORP. 92.90 +8.58 +10.18%

 

In cryptocurrencies, Bitcoin slipped below $40,000 following stocks down. 


SPOT MARKET  BY THE HOUR AS OF GMT 09:40  02-23-22


European Market, the European market performance bounced back to profitability marginally across the board by the hour as investors processes development around Russia and Ukraine crisis.  London's FTSE increased by 0.61% to 7,539.78, Germany's DAX  climbed by 1.04% to 14,845.79 and France's CAC also jumped by 1.59% to 6,895.27. 

Asia Market, Asian stocks The investor's sentiments are mixed on the Asian bourse as Putin seek a regime change in Ukraine. Tokyo's Nikkei 225 index retreated by 1.71% to 26,449.61, the Hang Seng in Hong Kong increased 0.61% to 23,660.28 while China's Shanghai also climb by 0.93%  to 3,489.15.


Cryptocurrencies, at an intraday range of $37,552.3 by the hour and a maximum of $39,021.45 in 24 hours.










SOURCE: CNBC
IMAGE SOURCE: PIXABAY
Contributions from Fox Business






 

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