Global Financial Market Overview

Dow Jones made the jumped on August 7, 2018. The tech section still played a great role to push the market including Tesla, and Alphabet shares. The bank section closed higher from the bonds, while listed company and economy potential are also doing well.

Dow Jones Industrial Average closed at 25,628.91, leaped 126.73 (+0.50%)

S&P Index closed at 2,858.45, up 8.05 (+0.28%)

Nasdaq Composite closed at 7,883.66 up 23.99 (+0.31%)

European stock markets closed higher after investors stock automotive and commodity sections, also supported by the U.S. market that kept going higher since the market opened in Europe.

 

Stoxx Europe 600 closed at 390.49 fell 0.5%

Germany’s DAX Performance Index closed at 12,648.19, increased 49.98 (+0.40%)

France’s CAC 40 Index closed at 5,521.31, increased 43.13 (+0.81%)

London’s FTSE 100 closed at 7,718.45, increased 54.70 (+0.71%)

 

Asian stocks climbed on Tuesday, with markets in the region mostly finishing higher after U.S.-China trade jitters weighed on sentiment in the last session. The strong showing in Asia came on the back of U.S. stocks rising on Monday as investors shrugged off trade uncertainty and focused instead on corporate earnings news.

Japan’s Nikkei 225 added 0.6%, or 155.42, to close at 22,662.74

South Korea’s Kospi tacked on 0.6% to closed at 2,300.16

Shanghai Composite added 2.74% to close at 2,779.30, while the blue-chip CSI 300 was up 2.92%

Hong Kong’s Hang Seng Index rose 1.54% or 429.32 to close at 28248.88.  

Australian’s S&P/ASX 200 slipped 0.3% to close at 6,253.90

Singapore’s Straits Times Index up 1.7% or 54.66 to close at 3,340

 

New York gold future rose from the weaken dollar, however, investors went on selloff  future gold as safe assets to speculate the climbing stock market.

COMEX were up 60 cent or 0.05% for December delivery to close at 1,218.30 USD/ounce

Platinum for October were up 5.1 USD or 0.62% to close at 831.40 USD/ounce

Palladium for September fell 70 cent or 0.1% to close at 902.9 USD/ounce

WTI crude closed higher from weaken dollars and Iran’s sanction by the U.S.

West Texas Intermediate (WTI) crude for September delivery were up by 16 cent or 0.2% to close at 69.17 USD/bbl

Brent crude for October delivery fell 54 cent or 0.7% to close at 73.75 USD/bbl

 

United States Dollars fell from the worries of Iran’s sanction. Investors also keeping an eye on inflation status will be announced by the U.S. government this week, as well as a report of unemployed fringe benefits.

USD was strengthen against JPY from 111.39 JPY to trade at 111.42 JPY, but weaken against Swiss Franc from 0.9963 SFR to 0.9956 SFR.

Euro was strengthen to trade at 1.1564  USD from 1.1553 USD.

Pound fell to trade at 1.2935 USD from 1.2943 USD, while AUD was strengthen to close at 0.7423 USD from 0.7389 USD.