August 8th Morning Report

Tuesday 8th August 2023

US markets closed lower on Monday, regaining some of the ground lost last week, as investors added positions ahead of Thursday's highly awaited US inflation report. The Dow Jones Industrial Average closed up 1.16%, while the S&P 500 and Nasdaq Composite were up 0.90% and up 0.61% respectively.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.13%), the Dax 30 (-0.01%), CAC 40 (+0.06%) and the STOXX (+0.11%). In Asia, the Hang Seng and Shanghai indices closed lower. The key Asian indices ended yesterday as follows: Nikkei 225(+0.19%), HSI (-0.01%) and the Shanghai Composite (-0.59%).

The yield on the US 10 - year note was at 4.097%, while the 2 - year note was at 4.777%. Oil was up to $82.49 per barrel, down 0.22%. The gold price was at US$1971.70 per ounce, down 0.22%.

Morning Report 8 August 2023

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