Global Market Trend As Of July 18th, 2022

July 18, 2022

MAJOR INDEXES

Market report as of July 15th, 2022

NAME	LAST	CHG	%CHG
S&P 500	3,863.16000	72.780	1.92
NASDAQ	11,452.4200	201.24	1.79
DJIA	31,288.2600	658.09	2.15
*FTSE	7,253.64000*	94.630	1.32
*NIKKEI	26,788.4700*	145.08	0.54
*HSI	20,846.1800*	548.46	2.70
*SHANGHAI	3,278.10000*	50.04	1.55
VIX	24.73000000	0.5000	2.06
*DAX	13,031.0500*	166.33	1.29

S&P 500 MARKET MOVERS

TOP

C	Citigroup Inc	13.231%
STT	State Street Corp	9.7430%
NFLX	Netflix Inc	8.1990%
PENN	Penn National Gaming Inc	7.7190%
BK	Bank of New York Mellon Corp	7.3440%

BOTTOM

CEG	Constellation Energy Corp	3.9020%
STZ	Constellation Brands Inc	2.562%
KHC	Kraft Heinz Co	1.935%
NEE	Nextera Energy Inc	1.772%
DG	Dollar General Corp	1.695%

SECURITIES

BONDS

NAME	YIELD	CHG
US 10-YR	2.961	+0.031
US 30-YR	3.118	+0.024
US 5-YR	3.078	+0.025
US 2-YR	3.154	+0.019
US 3-MO	2.358	+0.023
BUND 10-YR	1.217	+0.092
JPN 10-YR	0.234	-0.010
UK 10-YR	2.140	+0.050

FUTURES & COMMODITIES

NAME	LAST	CHG	%CHG
*OIL	99.510	+1.920	+1.967
*NAT GAS	7.1850	+0.169	+2.410
*GOLD	1,717.5	+13.90	+0.816
*SILVER	18.875	+0.281	+1.510
*WHEAT	791.00	+14.25	+1.830
*COPPER	3.32300	+0.089	+2.740

CURRENCIES

NAME	LAST	CHG	%CHG
JPY/USD	0.7230	+0.002	+0.240
USD INDEX	107.41	-0.650	-0.600
USD/JPY	138.23	-0.300	-0.217
GBP/USD	1.1960	+0.011	+0.89
EUR/USD	1.0150	+0.006	+0.58
USD/CAD	1.2970	-0.006	-0.445
AUD/USD	0.6840	+0.004	+0.65

Analyst's Views

U.S. equity futures were trading higher ahead of the release of more earnings from financial companies.

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	31288.26	+658.09	+2.15%
SP500	S&P 500	3863.16	+72.78	+1.92%
I:COMP	NASDAQ COMPOSITE INDEX	11452.421129	+201.24	+1.79%

Earning season, second-quarter earnings season ramps up this week, with seven of the 30 Dow members, and 71 companies in the S&P 500 (just over 14% of the benchmark index) set to report.

The big banks and financial institutions kicked things off last week, and this week we’ll hear from a great many more, including Bank of America, Goldman Sachs, American Express and Travelers to name a few.

Citigroup is expected to report an increase in revenue, but a lower profit than a year ago. The Refinitiv estimate is for $1.68 per share, down from $2.63 a year ago. The revenue estimate is for $18.22 billion, a 4% boost from a year ago.

Pump prices, the average price of a gallon of regular gasoline slipped on Monday morning to $4.521, according to AAA. The price on Sunday was $4.532, while Saturday the price was $4.548.

Brent crude futures for September settlement rose $2.54, or 2.5%, to $103.70 a barrel by 0648 GMT, after a 2.1% gain on Friday. U.S. West Texas Intermediate (WTI) crude futures for August delivery gained $2.31, or 2.4%, to $99.90 a barrel, after climbing 1.9% in the previous session.

SPOT MARKET BY THE HOUR AS OF GMT 10:06 07-18-22

European Market, The Euromarket bourses are looking up by the hour across the board. London's FTSE increased by 1.35% to 7,255.96, Germany's DAX moved by 1.34% to 13,036.48 while France's CAC gained 1.34% to 6,116.72.

Asia Market, Asian stocks The investors' sentiments are positive and the Asian bourse is positive across the board. Tokyo's Nikkei 225 index increased by 0.54% to 26,788.47, China's Shanghai jumped by 1.55% to 3,278.1 while Hang Seng in Hong Kong move forward by 2.7% to 20,846.18