World Markets Snapshot
Last Updated July 6, 2020 2:30 GMT)
By asset group, Top Cryptos fared the worst, falling by -0.82% when averaging all 5 instruments in the group; Energy, on the other hand, seemed to fare the best as a group, jumping by an average of 0.82%. Across the board, all CFD risk assets (excluding foreign exchange pairs) rose 0.27% on average. Drilling down into individual assets, the top performer for the day was Ethanol, which rallied 4.8%, while the worst performer was Facebook Inc; it ended up sinking -1.74%.
The chart below summarises the performance of key CFD risk assets over the past day.
What Were the Key Moving Average Crossovers in the World Financial Markets?
In the 8 major global equity indices asset class, FTSE 100 was the sole instrument to cross a noteworthy moving average level; it crossed the 20 day average. Moreover, in the Forex asset class, USDJPY was the sole instrument to cross a noteworthy moving average level; it crossed the 50 day average. Alternatively, in the mega cap US stocks asset class, 9 key moving average crosses occurred in the past day. Particularly noteworthy in that market is the cross on Johnson & Johnson; it crossed its 200 day moving average. And in the metals asset class, 2 key moving average crosses occurred in the past day. Particularly noteworthy in that market is the cross on Palladium; it crossed its 50 day moving average. Last but not least, in the Top Cryptos asset class, Ethereum was the sole instrument to cross a noteworthy moving average level; it crossed the 50 day average.
Oil staged a massive comeback after falling to new lows in April. US Oil had best quarter since the 1990 Gulf War. Covid-19 surge and upcoming US elections likely to foster volatility Ichimoku Cloud Tells A Bullish Story and Shows Key Support Levels The above charts show refer to USOil, FXCM’s proxy for WTI. The left chart…
Individual Currency Pairs: ZARJPY, AUDUSD, EURGBP, AUDCAD, EURTRY, USDTRY, USDJPY, USDCAD, USDMXN, EURNOK, USDNOK, USDSEK, USDZAR, EURUSD, CADJPY, EURCAD, EURCHF, GBPAUD, USDHKD, EURAUD, GBPCAD, TRYJPY, USDCNH, EURJPY, EURSEK, GBPJPY, CADCHF, CHFJPY, AUDJPY, GBPCHF, GBPNZD, USDCHF, GBPUSD, NZDJPY, AUDCHF, NZDCAD, AUDNZD, NZDCHF, NZDUSD, EURNZD
US Mega Cap Stocks
Drilldown to Individual US Mega Cap Stocks: Oracle Corp, Microsoft Corp, Amazon Com Inc, Apple Inc, International Business Machines Corp, Exxon Mobil Corp, Chevron Corp, Intel Corp, Johnson & Johnson, Walt Disney Co, Pfizer Inc, Alphabet Inc, Visa Inc, PROCTER & GAMBLE Co, Mastercard Inc, Pepsico Inc, Unitedhealth Group Inc, Home Depot Inc, Cisco Systems Inc, Walmart Inc, Comcast Corp, Facebook Inc, General Electric Co, Wells Fargo & Company, At&T Inc, Berkshire Hathaway Inc, Coca Cola Co, American International Group Inc, Citigroup Inc, Jpmorgan Chase & Co, Boeing Co, Verizon Communications Inc, Bank Of America Corp, Merck & Co Inc