Sunday, July 25, 2021
Home Daily Market Recaps World Markets: Report for April 2 2020

World Markets: Report for April 2 2020

-

Overview of today’s trading day:

American indices seemed to perform rather well today, with the Dow (+2.24%), S&P 500 (+2.27%), and NASDAQ Composite (+1.72%) all closing in the green. Most notably, markets experienced a significant jump led by oil prices after Trump posted a tweet claiming some progress was made by OPEC members and Russia.

Over in Europe, reports indicate that the coronavirus is halting the recovery of the UK’s housing market. Not only is COVID-19 causing a lot of new problems, but it seems to be hindering the healing of older ones. This comes alongside news of Chancellor Rishi Sunak now overhauling the £330 billion business loan scheme after recent public backlash worried about mismanagement. Lufthansa, a major airline located in Germany, announced two-thirds of their global workforce (around 87,000 employees) will be given reduced hours. The FTSE (+0.47%), DAX (+0.27%), and other European indices performed decently, resulting in them ending in the red today.

In Asia, markets seemed to performed well for some and sluggish for others, with the KOSPI (+2.34%) leading today’s gains. On the flip side, the Sensex (-4.08%), S&P/ASX (-1.98%), and Nikkei (-1.37%) ended in the red today marking another day in the red for the Sensex and Nikkei. Countries including China and Korea have been reporting decreased COVID-19 cases, leaving us to wonder what the long-lasting effects will be once western countries such as the US begin recovering.

After OPEC’s daily basket oil price fell to $17 / barrel, oil prices experienced a huge jump up due to the aforementioned tweet sent out by President Trump. Also, Gold seems to continue pushing back upwards indicating it is beginning to act more inversely to stocks – as many days had all stock indices, commodities, and cryptocurrencies in the red.

Crypto markets began to get more volatile at around 1pm EST (17:00 UTC), when Bitcoin experienced a huge spike from $6900 all the way up to the $7300 level. This was followed by a subsequent drop, bringing prices back down to where they started. Furthermore, research by Chainalysis has suggested that COVID-19 is changing the relationship between Bitcoin price, and Bitcoin buying habits.

Americas

Below is a collection of major stock indices from the Americas.

Index Last High Low Change %Change
Dow 30 21,413.44 21,477.77 20,735.02 +469.93 +2.24%
S&P 500 2,526.47 2,534.40 2,454.22 +55.97 +2.27%
Nasdaq 7,487.31 7,501.70 7,307.95 +126.73 +1.72%
S&P/TSX 13,079.94 13,246.36 12,921.31 +203.57 +1.58%
Bovespa 72,310.67 73,861.00 70,956.84 +1343.97 +1.89%

Indices sorted by best to worst performance:

  • US S&P 500 (+2.27%)
  • US Dow (+2.24%)
  • Brazil’s Bovespa (+1.89%)
  • US NASDAQ Composite (+1.72%)
  • Canada’s S&P/TSX (+1.58%)

Europe

Below is a collection of major stock indices from Europe.

Index Last High Low Change %Change
FTSE 100 5,480.22 5,552.36 5,395.07 +25.65 +0.47%
Euro Stoxx 50 2,688.49 2,711.45 2,626.10 +8.19 +0.31%
CAC 40 4,220.96 4,265.56 4,143.16 +13.72 +0.33%
DAX 9,570.82 9,650.27 9,337.02 +26.07 +0.27%
SMI 9,270.96 9,311.92 9,036.73 +101.98 +1.11%

Indices sorted by best to worst performance:

  • Switzerland’s SMI (+1.11%)
  • England’s FTSE (+0.47%)
  • France’s CAC (+0.33%)
  • EU’s Euro Stoxx (+0.31%)
  • Germany’s DAX (+0.27%)

APAC

Below is a collection of major stock indices from APAC.

Index Last High Low Change %Change
SSE 2,780.64 2,780.64 2,719.90 +46.12 +1.69%
Hang Seng 23,280.06 23,491.51 22,973.33 +194.27 +0.84%
Nikkei 225 17,818.72 18,132.04 17,707.66 -246.69 -1.37%
BSE Sensex 28,265.31 29,505.98 28,073.43 -1203.18 -4.08%
KOSPI 1,724.86 1,726.76 1,664.13 +39.40 +2.34%
S&P/ASX 5,154.30 5,258.60 5,065.20 -104.30 -1.98%

Indices sorted by best to worst performance:

  • South Korea’s KOSPI (+2.34%)
  • China’s SSE (+1.69%)
  • Hong Kong’s Hang Seng (+0.84%)
  • Japan’s Nikkei (-1.37%)
  • Australia’s S&P/ASX (-1.98%)
  • India’s Sensex (-4.08%)

Commodities

Below is a list of popular commodity futures contracts.

Commodity Last High Low Change %Change
Gold 1,638.75 1,645.40 1,595.30 +47.35 +2.98%
Silver 14.658 14.715 13.992 +0.674 +4.82%
Platinum 730.50 734.50 713.25 +12.70 +1.77%
Brent Oil 29.98 35.99 25.42 +5.24 +21.18%
Crude Oil WTI 25.02 27.30 20.77 +4.71 +23.19%

Cryptocurrency

Below are the top 3 Cryptocurrencies in terms of market cap.

CryptocurrencyApr. 1Apr. 2 Change%Change
Bitcoin (BTC)62066813+607+9.78%
Ethereum (ETH)130141+11+8.46%
Ripple (XRP)0.1710.179+0.008+4.68%

NOTE: ALL MARKET DATA IS GATHERED BASED ON AVAILABLE DATA AT 4PM EST (8PM UTC)

Orion
Orion is an entrepreneur and a part-time writer for Financial News. He is currently involved in distributed ledger technology (DLT) primarily focusing on FinTech. Orion has a great interest in finance, business, crypto, and trading. Some hobbies of his include skateboarding, music, graphic design, and continuously learning new things. His long-term goals revolve around education, agriculture, and renewable energy.

Crypto Prices

Twittersphere