Covid-19 Daily Dashboard – 30 June 2020
An overview of key economic and financial metrics.
1 minute to read
Download an overview of key economic and financial metrics relating to Covid-19 on 30 June 2020.
Equities: In Europe, the STOXX 600, the DAX and the FTSE 250 are all down -0.2%. In Asia, stocks closed higher, with the S&P / ASX 200 adding +1.4%, CSI 300 +0.9%, Topix +0.7% and the Hang Seng +0.3%. In the US, futures for the S&P 500 and the Dow Jones Industrial Average are down -0.3% and -0.5%.
VIX: The CBOE market volatility index, also known as the ‘investor fear gauge’ declined -8.5% yesterday to 31.8. This remains above the long term average of 20, indicating further expectations of near-term volatility.
Bonds: The UK 10-year gilt yield, US 10-year treasury yield and German 10-year bund yield are currently 0.15%, 0.63% and -0.48%.
Currency: Sterling remains at $1.23, while the euro has depreciated to $1.12. Hedging benefits for US dollar denominated investors into the UK and the eurozone are currently 0.27% and 1.07% per annum on a five-year basis.
UK Economy: The PM has announced £5 billion of infrastructure spending and an ambition for Britain to become a “science superpower”. This comes as the ONS revised Q1 GDP growth for the UK to -2.2%. The UK Debt Management Office (DMO) has also announced a revised plan to raise at least £275 billion between April and August 2020 to facilitate the government’s financing needs.
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