π Market Snapshot β Thu 20 Aug
| Market | Key Levels | Day Change | Outlook |
| πΊπΈ Wall Street | S&P 7,641, Nasdaq 26,067 | -1.06% | π΄ Bearish |
| π Asia Pacific | Nikkei 66,217, HSI 25,735 | +0.82% | π’ Bullish |
| πͺπΊ European Markets | DAX 18,478, FTSE 10,748 | -0.08% | βͺ Neutral |
| π΅ US Dollar | vs majors avg -0.13% | -0.13% | π‘ Cautiously Dollar Weakness |
| πͺ Gold | $4,575.10/oz | +0.08% | βͺ Neutral |
| π’οΈ Crude Oil | $86.21/bbl | -0.71% | π΄ Demand Concerns |
| βΏ Bitcoin | $72,609 | +4.79% | π’ Risk-On |
| π US 10Y Treasury | 4.70% yield | +0.92% | π’ Yields Rising |
πΊπΈ Daily Market Recap β U.S. Markets
Wall Street experienced a downturn on Thursday, with US benchmark indices closing in the red. The Dow Jones Industrial Average fell by 1.32%, while the S&P 500 and Nasdaq also saw declines of 0.87% and 1.00%, respectively. The broader market sentiment was subdued, with investors digesting the latest FOMC meeting minutes. The VIX, often referred to as the “fear index,” rose by 2.22% to 15.22, indicating increased market volatility and a cautious risk appetite among investors.
In corporate news, Atkore Inc. (ATKR) emerged as a notable gainer, surging by 28.22%, while GameStop Corp. (GME) was among the significant losers, dropping by 12.25%. The mixed performance among individual stocks reflects the broader uncertainty in the market. Meanwhile, the 10-year Treasury yield edged up by 0.92% to 4.696, suggesting a shift in investor preference towards safer assets amid the prevailing market conditions.
Looking ahead, market participants will be closely monitoring upcoming economic data releases and global developments. The recent interest rate decision by China’s PBoC, which saw an increase to 3.0%, may also influence investor sentiment in the coming days. As traders assess the implications of these economic indicators, the focus will remain on how these factors might shape the market’s trajectory in the near term.
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
Asian markets broadly experienced gains during the Asia-Pacific session on Thursday, with the Nikkei 225 rising by 1.36% to close at 66,216.79. The Hang Seng Index also saw an increase of 1.03%, ending the day at 25,734.74. The positive momentum in the region was supported by the latest Australian labor force data, which reported an employment change of 80.2, indicating a robust job market. Additionally, the Jakarta Composite Index climbed 0.59% to 6,487.959, contributing to the overall positive sentiment across the region.
In Europe, major exchanges displayed mixed performances. The FTSE 100 in the UK edged up slightly by 0.04% to 10,748.16, while the CAC 40 in France saw a marginal increase of 0.05% to 8,506.06. However, the DAX in Germany declined by 0.34% to 26,002.74, and the SDAX fell by 0.30% to 18,477.92. The TecDAX and MDAX also experienced minor declines, down 0.15% and 0.02%, respectively. Despite the mixed results, the AIM index in the UK rose by 0.27% to 803.73, indicating some resilience in smaller-cap stocks. Overall, the European markets showed a cautious stance amid a lack of significant regional economic events to drive broader market movements.
π΅ Forex Markets
| Performance after Thu 20 Aug | |||||
| Symbol | Day | Week | Month | Last | Momentum |
| πͺπΊ πΊπΈ EURUSD | +0.01% | +0.94% | +1.31% | 1.16780 | β² |
| π¬π§ πΊπΈ GBPUSD | +0.55% | +0.73% | +1.11% | 1.36030 | β² |
| πΊπΈ π―π΅ USDJPY | +0.56% | -0.16% | +0.94% | 159.05000 | β² |
| πΊπΈ π¨π¦ USDCAD | -0.12% | -0.60% | -1.63% | 1.37890 | βΌ |
| π¦πΊ πΊπΈ AUDUSD | -0.17% | +0.42% | +1.28% | 0.71110 | βΌ |
| π³πΏ πΊπΈ NZDUSD | +0.13% | +0.92% | +1.19% | 0.59430 | β² |
| πΊπΈ π¨π USDCHF | +0.35% | -1.60% | -0.90% | 0.80010 | β² |
π Other Markets
πͺ Gold is up by 0.08% (3.70 USD an ounce) to 4,575.10 USD an ounce as on Thu. Previous day close was 4,571.40.
πͺ¨ Silver is up by 0.04% (0.02 USD an ounce) to 68.13 USD an ounce as on Thu. Previous day close was 68.11.
π’οΈ Crude Oil is down by 0.71% (0.62 USD per barrel) to 86.21 USD per barrel as on Thu. Previous day close was 86.83.
βΏ Bitcoin is up by 4.79% (3319.13 USD) to 72,608.57 USD as on Thu. Previous day close was 69,289.44.
