Global Markets tumbled this session. On average all major indexes signed a -2.73% variation.
In general the majority of the Analysts for Global Major Indexes felt aNegative market sentiment for the short term with a preponderance of Strong Sell. The same analysis performed for the Medium Term and Long Term revealed respectively Strong Selland Strong Sell.
Let’s analyze in detail the major indexes for American, European and Asia & Pacific Markets.
US Major Indices closed with a dismal result with the majority of the indexes in red. On average in the market session of today, US Major Indices lost-14.55%points. Performing a comparison among the major marketplaces, the American Market Outperformed the European and Outperformed the Asia & Pacific market.
S&P 500 decreased its value by -2.66% being traded now at 4013.58 points. S&P Performance so far is downbeat: its YTD value has dropped by -15.83%.
NASDAQ slipped in today session, being traded now at 11716.35 NASDAQ Performance this year has been mainly negative results: its today variation of -3.53% or -428.31 brings now the total YTD Performance to -25.14%
Dow Jones Industrial Average decreased its value by -1.69% or -555.3, being traded now at 32344.07. Dow Jones Performance so far is downbeat: its YTD value has dropped by -11.03%.
NYSE Composite fell today by -2.90% or -467 points. This led the index to be traded at 15.652,6. Analyzing the past months till January we discover that its Year to Date performance has been dismal recording a variation of -8.81%.
Lastly, the Index for the Small Cap (Small Cap 2000) slipped in today’s session, its value is 1769.8. Today has decreased by -3.77% or -69.25 points. Its performance this year registered a variation of -21.26&.
Remaining in the Americas, the Canadian S&P/TSX Index, in today’s session moved by -2.72% or -561.89 points. It brings the Index to be traded at 20071.39. S&P/TSX Year to Date Yield is below zero recording a movement of -5.48%.
Moving to European Major Indices, the last session has shown a European Market dismal. The majority of the indexes are red. The sum during the last market session of the European Major Indices brings the total to lost: -1639.02 points. On average European Markets Followed the American Market and Outperformed the Asian one.
The German Index DAX decreased its value by -2.15% losing -293.62 points. The index is now traded at 13380.67. DAX results this year are downbeat since it dropped on a year-to-date scale of around -15.76%. Volumes for today’s session were 82759791.
French CAC 40 decreased in today’s session to 6086.02 with a daily variation of -2.75% or -172.34 points. Also CAC 40 performance this year has been downbeat since it dropped give or take -14.92%.
The Iberic Ibex35 from Spain, decreased, its value moved during the last session by -2.2% or -182.8 points. YTD results for Ibex have shown a loss of its value by -6.59%.
Euro Stoxx 50, the index created in 1998 to regroup the Major Companies and now traded in several currencies (USD-JPY-EUR-GBP), today decreased its yield. The European Index Basket is now traded at 3526.86 points. The latest variation of -2.82% or -102.31 points. This latest up and down adds to a downbeat trend registered from the beginning of the year. YTD is indeed -17.95%.
Coming to Bel Paese (Italy), FTSE ALL SHARE followed the colleagues. During this session it decremented to 24920.16 with a variation of -716.59 points or -2.8%. Also for this index the YTD performance has seen a drop of -16.77%.
Last but not least for the European Team, we have the United Kingdom. The FTSE 100 indeed reported a decrease in today’s session and experienced a variation of its value by -2.32% being traded now at 7216.58. The session registered a variation of -171.36 points. The future based on the past is downbeat with its Year-to-date value drop of -2.27%.
Asia and Pacific Major indices closed with a dismal result with the majority of the indexes in red. On average during the last market session, Asia & Pacific Indices lost around -1904.26. In the usual comparison among the Major Indices, the Asian Market Followed the Americas and Followed the European Market.
The Indian Nifty 50 decremented this session by -0.67% and is now traded at 16301.85 with the last variation of -109.4 points. Nifty 50 performance this Year, analysts’ said is downbeat due to its drop of -6.06%.
Going to the Japanese market, the Nikkei 225 Index followed its colleagues and decreased its value by -2.53 percentage points or -684.26 basis points. Nikkei 225 due to this change is now traded at 26319.34. YTD result not too far from certain competitors is now at -8.59 from January.
The last Index under the lens is the Jakarta index, now called IDX Composite. The former JI decreased its value during the last session by -4.42% or -319.16 points. The overall analysis of the movement registered this year is optimistic due to the hike of the index to around 4.99%. The last value for today’s session is 6909.75.
The IDX composite is the only index this year which reports a positive performance among those analyzed in this article.
Hang Seng index closed for the day.
All values and prices have to be intended at press time.
Last trading session was dominated by USD/NZD – US Dollar New Zealand Dollar which signed 1.12% has risen to 1.5768.
The DXY index lost -0.09% while trading within the 103.57 range for most of the day before closing. The DXY is in green on YTD basis, getting today a variation of 7.90%.
The EUR/USD exchange rate hiked, the pair is now traded at 1.0566, gaining in this market session around 0.14% or 0.0015 pips. Analysts’ projection for the short term is Strong Buy.
The USD/CAD exchange rate surge, the pair is now traded at 1.298, gaining in this market session around 0.58% or 0.0075 pips. Analysts’ projection for the short term is Strong Buy.
The USD/JPY exchange rate lost, the pair is now traded at 130.24, losing in this market session around -0.24% or -0.32 pips. Analysts’ projection for the short term is Strong Sell.
The USD/NZD exchange rate gained, the pair is now traded at 1.5768, gaining in this market session around 1.12% or 0.0175 pips. Analysts’ projection for the short term is Strong Buy.
The AUD/USD exchange rate gained, the pair is now traded at 1.5768, gaining in this market session around 1.12% or 0.0175 pips. Analysts’ projection for the short term is Strong Buy.
The GBP/USD exchange rate gained, the pair is now traded at 1.2342, gaining in this market session around 0.04% or 0.0005 pips. Analysts’ projection for the short term is Strong Buy.
Funds & ETF
On the ETF side, instead, we saw interesting movements. Analyzing the US market, based on the top 5 US ETF for volumes registered during the last session.
In the 1st place we have the SPDR S&P 500, an ETF with an interesting size of volumes in the last session with: 75.11M. Total variation is around -2.70%. Latest price at the moment of press is 400.23.
Second spot for ProShares Ultra VIX Short-Term Futures that with a variation of 9.21% bring its total value per share at 18.98. During the last session there were registered volumes per 70.73M.
Third position for Direxion Daily Semiconductor Bull 3X Shares, now traded at 20.08 after a negative day with a variation of -14.00%. Total volumes per daily session around 46.69M of traded shares.
Fourth position for iShares MSCI Emerging Markets, now traded at 39.98 after a negative day with a variation of -2.31%. Total volumes per daily session around 45.25M of traded shares.
Fifth position for Financial Select Sector SPDR, now traded at 34.01 after a negative day with a variation of -2.12%. Total volumes per daily session around 42.47M of traded shares.