π Market Snapshot β Wed 12 Aug
| Market | Key Levels | Day Change | Outlook |
| πΊπΈ Wall Street | S&P 7,748, Nasdaq 26,588 | +0.25% | π‘ Cautiously Bullish |
| π Asia Pacific | Nikkei 67,524, HSI 25,395 | -0.23% | π‘ Cautiously Bearish |
| πͺπΊ European Markets | DAX 18,547, FTSE 10,833 | +0.02% | βͺ Neutral |
| π΅ US Dollar | vs majors avg -0.02% | -0.02% | βͺ Neutral |
| πͺ Gold | $4,464.40/oz | -0.07% | βͺ Neutral |
| π’οΈ Crude Oil | $82.72/bbl | -0.66% | π΄ Demand Concerns |
| βΏ Bitcoin | $63,428 | -0.19% | π‘ Cautiously Risk-Off |
| π US 10Y Treasury | 4.68% yield | -0.04% | βͺ Yields Falling |
πΊπΈ Daily Market Recap β U.S. Markets
On Wednesday, August 12, US benchmark indices exhibited mixed performance as investors digested the latest inflation data. The S&P 500 edged higher by 0.26% to close at 7748.5, while the Nasdaq Composite gained 0.54% to end at 26588.488. In contrast, the Dow Jones Industrial Average slipped slightly, down 0.04% to finish at 53770.27. The broader market’s direction was influenced by the release of the US Consumer Price Index (CPI) data, which showed a 12-month inflation rate of 3.5%, with a monthly decline of 0.4%. This data provided a mixed signal to investors, reflecting both a moderation in inflationary pressures and underlying concerns about economic momentum.
Among individual stocks, Atkore Inc. (ATKR) emerged as a notable gainer, surging 28.22% on the day. This substantial rise stood out against a backdrop of cautious market sentiment, driven by the mixed inflation figures. Meanwhile, the Russell 2000 index, which tracks smaller companies, advanced by 0.61% to 3045.483, suggesting a degree of resilience in the small-cap segment. The bond market saw minor fluctuations, with the 10-year Treasury yield dipping by 0.04% to 4.682, indicating steady demand for safe-haven assets amid the uncertain economic landscape.
Looking ahead, market participants will likely focus on upcoming economic releases and corporate earnings to gauge the trajectory of the US economy. The recent inflation data, coupled with global economic indicators such as the Harmonized Index of Consumer Prices in Germany, will continue to shape investor expectations and risk appetite. As the market navigates these developments, attention will remain on how these factors influence central bank policies and broader economic conditions.
π Wall Street Movers
Top two gainers in the last trading session include Atkore Inc. (ATKR), surged 28.22% to while CoreWeave, Inc. (CRWV), surged 19.49% to .
Losers include Sportradar Group AG (SRAD), erasing 15.13% to and GameStop Corporation (GME), erasing 12.25% to .
Elsewhere, most active counters were NVDA, INTC, AMZN.
π Asia & Europe
During the Asia-Pacific session on Wednesday, the Nikkei 225 rose by 0.83% to close at 67,524.06, marking a positive day for Japanese equities. In contrast, the Hang Seng Index in Hong Kong experienced a decline, falling by 1.00% to 25,395.3. The Jakarta Composite Index in Indonesia saw a notable gain, advancing by 1.00% to 6,330.358. The mixed performance across the region reflects varied investor sentiment amid local market dynamics, with no specific regional economic events reported to have influenced these movements.
On major European exchanges, the trading session was characterized by modest fluctuations. The DAX in Germany edged up by 0.13% to 26,425.77, while the MDAX saw a more pronounced increase of 0.41% to 32,355.59. Conversely, the CAC 40 in France dipped by 0.29% to 8,689.25. The Euro Stoxx 50, a key indicator of European market performance, showed a slight decrease of 0.02% to 6,550.23. The release of the Harmonised Index of Consumer Prices (HICP) for the Eurozone, which came in at 2.8% on a 12-month basis, did not appear to significantly sway market movements, suggesting that investors may have already anticipated the inflation data.
π΅ Forex Markets
| Performance after Wed 12 Aug | |||||
| Symbol | Day | Week | Month | Last | Momentum |
| πͺπΊ πΊπΈ EURUSD | -0.02% | -0.16% | +0.11% | 1.15400 | βΌ |
| π¬π§ πΊπΈ GBPUSD | +0.01% | +0.12% | +0.18% | 1.35040 | β² |
| πΊπΈ π―π΅ USDJPY | -0.02% | +1.03% | +1.17% | 159.27000 | βΌ |
| πΊπΈ π¨π¦ USDCAD | +0.11% | +0.01% | -0.56% | 1.39390 | β² |
| π¦πΊ πΊπΈ AUDUSD | +0.11% | -0.10% | +0.56% | 0.70600 | β² |
| π³πΏ πΊπΈ NZDUSD | -0.03% | -0.24% | +0.10% | 0.58790 | βΌ |
| πΊπΈ π¨π USDCHF | +0.33% | +0.69% | +0.73% | 0.81330 | β² |
π Other Markets
πͺ Gold is down by 0.07% (3.10 USD an ounce) to 4,464.40 USD an ounce as on Wed. Previous day close was 4,467.50.
πͺ¨ Silver is down by 0.37% (0.25 USD an ounce) to 65.45 USD an ounce as on Wed. Previous day close was 65.70.
π’οΈ Crude Oil is down by 0.66% (0.55 USD per barrel) to 82.72 USD per barrel as on Wed. Previous day close was 83.27.
βΏ Bitcoin is down by 0.19% (118.59 USD) to 63,428.46 USD as on Wed. Previous day close was 63,547.05.
