Global Financial Market Overview

Dow Jones on August 14, 2018 closed in green after Turkey’s currency slide abadated along with the strong financial statement from major companies in the U.S.

Dow Jones Industrial Average closed at 25,299.92, rose 112.22 (+0.45%)

S&P Index closed at 2,839.96, rose 51.19 (+0.65%)

Nasdaq Composite closed at 7,870.89, rose 18.03 (+0.64%)

European slightly gained after the european investors still paying attention on how the Turkey’s crisis will turn out.

Stoxx Europe 600 closed at 384.92 up 0.01%

Germany’s DAX Performance Index closed at 12,358.87, rose 0.13 (+0.00%)

France’s CAC 40 Index closed at 5,403.41, fell 8.91 (-0.16%)

London’s FTSE 100 closed at 7,611.64, fell 30.81 (-0.40%)

 

Asian shares closed mixed on Tuesday, as some regional markets bounced back one day after declining over jitters related to economic uncertainty in Turkey. While the effects from the collapse of the Turkish lira ebbed, softer than expected Chinese economic data took a fresh knock.

In Japan ,the Nikkei 225 led gains, jumping 2.28%, or 498.65, to close at 22,356.08.

South Korea’s Kospi edged higher by 0.47% to end at 2,258.91.

The S&P/ASX 200  index of Australia  added 0.76% to close at 6,299.60.

Greater China markets bucked the regional trend, the Shanghai Composite edged lower by 0.17% to close at 2,781.16 and the blue-chip CSI 300 declined 0.51%.

Hong Kong’s Hang Seng Index erased 0.66% or -183.64 to finish at 27752.93.

The Singapore bourse also closed lower, with the key Straits Times Index down just 2.47, or 0.08%, to 3,242.87.

 

New York Gold Future rose after investors speculated on the gold price that fell 1.65% on Monday, August 13, 2018.

COMEX rose 1.8 USD or 0.15% for December delivery to close at 1,200.70 USD/ounce

Platinum for October increased 2.20 USD or 0.28% to close at 801.70 USD/ounce

Palladium for September jumped 9.10 USD or 1% to close at 890.00 USD/ounce

WTI Oil Crude slided from strengthen dollars and electronics trade, while the U.S. supply rise.

West Texas Intermediate (WTI) crude for September delivery fell by 16 cent or 0.2% to close at 67.04 USD/bbl

Brent crude for October delivery fell 15 cent or 0.2% to close at 72.46 USD/bbl

 

United States Dollars was strengthen when compared to other currencies in New York Foreign Exchange Market, while euros were weaken after the Turkey’s currency crisis.

USD was strengthen against JPY from 110.67JPY to trade at 111.20 JPY, and also strong against Swiss Franc from 0.9936 SFR to 0.9945 SFR.

Euro was weaken to trade at 1.1338 USD from 1.1392 USD.

Pound fell to trade at 1.2711 USD from 1.2751 USD, while AUD also fell to close at 0.7234 USD from 0.7260 USD.