Morning Digest: Optimistic Start Except for Energy

London: 20 June 2024 (TraderMade): Welcome to today's Morning Digest! Get a glimpse of financial instruments across forex, stocks, and commodities at the morning bell. Here are the sector-wise updates:

Key Takeaways

• Forex: CHF & USD lead the pack while SEK (Down 0.18%) & NOK (Down 0.14%) declined against the USD.
• Asia-Pacific Mixed: Nikkei (JPN225) surged 0.46%, Hang Seng (HKG33) dipped 0.47% today.
• European Indices Soared: FTSE (UK100) gained 0.1%, CAC (FRA40) surged 0.18%, and DAX (GER30) soared 0.17% at writing time.
• US Markets Surged: S&P 500 (SPX500) gained 0.3%, Nasdaq (NAS100) was up 0.46%, and Dow Jones (USA30) edged up 0.17% today.
• Energy Markets Slipped: Brent Crude (UKOIL) dipped 0.11%, WTI Crude (OIL) slipped 0.15%, and Natural Gas (NATGAS) declined 0.44% today.
• Precious Metals Surged: Gold (XAUUSD) was up 0.53%, and Silver (XAGUSD) gained 1.87% today.

G10 Forex

CHF & USD are Top Gainers

In the G10 FX Market, Swiss Francs (CHF) and the US Dollar (USD) are today's top gainers, as they surged against the other major currencies.

SEK & NOK are Top Laggers

Swedish Krona (SEK: Dipped 0.18%) and Norwegian Krone (NOK: Slipped 0.14%) are the top losers versus the dollar (USD).

Forex Daily Pivot Points

Global Indices Optimistic

Asian Markets Mixed

In Asian equities, markets were trading mixed today. The Nikkei (JPN225) was trading at 38580.0, up 0.46%. The Hang Seng (HKG33) was trading at 18301.0, down 0.47%.

European Indices Soared

• The UK's FTSE 100 (UK100) soared 0.1% to 8229.199.
• France's CAC 40 (FRA40) surged 0.18% to 7587.3.
• Germany's DAX 30 (GER30) gained 0.17% to 18116.148.

US Equities Futures Edged Up

Looking at Equity Futures, The SP500 Futures was trading at 5512.1499, up 0.25%.

Popular US Indices Surged

• Standard & Poor's 500 (SPX500) surged 0.3% to 5514.
• Nasdaq (NAS100) soared 0.46% to 20063.1.
• Dow Jones Industrial Average (USA30) gained 0.17% to 38886.

Energy Markets

Crude Oil Futures Dipped

In the energy space, oil futures trade is weak today. The WTI Crude Futures were trading at 80.46, down 0.02%, and the Brent Crude Futures were trading at 84.53, down 0.05%.

Spot Prices Dipped

• Brent Crude (UKOIL) dipped 0.11% to $84.475 a barrel.
• WTI Crude (OIL) slipped 0.15% to $80.41 a barrel.
• Natural Gas (NATGAS) slipped 0.44% to $2.9575/MMBtu.

Precious Metals Gained Shine

• Gold (XAUUSD) surged 0.53% to 2340.96.
• Silver (XAGUSD) soared 1.87% to 30.3215.

To Summarize

Today's Morning Digest provides a brief snapshot of global financial markets across various sectors, including forex, stocks, and commodities. Stay tuned for more updates as the trading day progresses.

_{Live rates are taken at about 06:01 AM GMT and compared to the Last Close to calculate percentage differences. Image Courtesy: Unsplash}