Morning Digest: Mixed Bag with Crude Oil & Gold Gaining

London: 24 June 2024 (TraderMade): Welcome to today’s Morning Digest! The global financial landscape presents a mixed bag this morning. Let’s take you through the sector-wise updates to help you unfold the status of various instruments:

Key Takeaways

• Forex: CHF (Gained 0.09%) & GBP (Edged Up 0.05%) are top gainers, while NZD (Down 0.07%) & SEK (Down 0.04) are top losers against the USD today.
• Asia-Pacific Mixed: Nikkei (JPN225) surged 1.06%, Hang Seng (HKG33) dipped 0.46% today.
• European Indices Flat: FTSE (UK100), CAC (FRA40), and DAX (GER30) traded flat at writing time.
• US Markets Declined: S&P 500 (SPX500) was almost unchanged, Nasdaq (NAS100) and Dow Jones (USA30) slightly dipped.
• Energy Markets Mixed: Brent Crude (UKOIL) edged up 0.07%, WTI Crude (OIL) surged 0.1%, yet Natural Gas (NATGAS) dipped 1.35% today.
• Precious Metals: Gold (XAUUSD) soared 0.14%, and Silver (XAGUSD) surged 0.24% today.

G10 Forex

CHF & GBP are Top Gainers

In the G10 FX Market, Swiss Francs (CHF: Edged Up 0.09%) and British Pound (GBP: Slightly Up 0.05%) are the top gainers today versus the dollar (USD).

NZD & SEK are Top Laggers

The New Zealand Dollar (NZD: Dipped 0.07%) and Swedish Krona (SEK: Slipped 0.04%) are the top losers versus the dollar (USD)

Forex Daily Pivot Points

Global Indices Mixed

Asian Markets Mixed

Today, Asian equities markets were mixed. The Nikkei 225 was trading at 38899.5, up 1.06%, and the Hang Seng was trading at 17877.0, down 0.46%.

European Indices Flat

The UK’s FTSE 100 (UK100) trades flat at 8240.9. France’s CAC 40 (FRA40) trades flat at 7630.1. Germany’s DAX 30 (GER30) trades flat at 18195.8.

US Equities Futures Slightly Dipped

Looking at Equity Futures, The SP500 Futures was trading at 5471.2002, down 0.08%.

Popular US Indices Flat or Dipped

Standard & Poor’s 500 (SPX500) trades flat at 5472.55. Nasdaq (NAS100) slightly dipped to 19743.75. Dow Jones Industrial Average (USA30) Slipped 0.07% to 39162.

Energy Markets

Crude Oil Futures Strengthened

In the energy space, the oil futures trade is stronger today. The WTI Crude Futures was trading at 80.485, up 0.55%, and the Brent Crude Futures was trading at 84.37, up 0.04%.

Spot Prices Mixed

Brent Crude (UKOIL) increased 0.07% to $84.4 a barrel. WTI Crude (OIL) soared 0.1% to $80.51 a barrel. Natural Gas (NATGAS) dipped 1.35% to $2.81/MMBtu.

Precious Metals Surged

Gold (XAUUSD) soared 0.14% to 2324.7617. Silver (XAGUSD) surged 0.24% to 29.6145.

To Summarize

Today’s Morning Digest gives you a gist of forex, stocks & indices, and commodities markets at the morning bell. Please stay tuned as we come up with the latest updates as the trading day unfolds.

_{Live Rates at about 05:52 AM GMT are compared to Friday Close Values to Calculate the Percentage Differences. Image Courtesy: Freepik}