August 24th Morning Report

US markets closed lower on Tuesday as investors focused on data showing a slowing economy ahead of a US Federal Reserve gathering later this week in Jackson Hole, Wyoming. The Dow Jones Industrial Average closed down 0.47%, while the S&P 500 and Nasdaq Composite were down 0.22% and down 0.00% respectively.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.61%), the Dax 30 (-0.27%), CAC 40 (-0.26%) and the STOXX (-0.16%). In Asia, the Hang Seng and Shanghai indices closed mixed. The key Asian indices ended yesterday as follows: Nikkei 225(-1.19%), HSI (-0.78%) and the Shanghai Composite (-0.048%).

The yield on the US 10 - year note was at 3.057%, while the 2 - year note was at 3.302%. Oil was up to $93.76 per barrel, up 3.76%. The gold price was at US$1761.10 per ounce, up 0.73%. 

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