Covid-19 Daily Dashboard – 22 July 2020

An overview of key economic and financial metrics.
Written By:
William Matthews, Knight Frank
1 minute to read
Categories: Covid-19

Download an overview of key economic and financial metrics relating to Covid-19 on 22 July 2020.

Equities: In Europe, the STOXX 600 is down -0.8%, as is the CAC 40 (-0.9%) and the DAX (-0.5%), while the FTSE 250 is flat. In the US, futures for the S&P 500 and the Dow Jones Industrial Average are down -0.2% and -0.1%. In Asia, the Hang Seng (-2.0%) was down on close, as was the S&P / ASX 200 (-1.3%) and the Topix (-0.6%). However, the CSI 300 was +0.5% higher on close.


Bonds: The UK 10-year gilt yield, the US 10-year treasury yield, the German 10-year bund yield and the Italian 10-year bond yield have all compressed -1bp to 0.12%, 0.59%, -0.47% and 1.13%.


Currency: The euro has slightly appreciated to $1.15, while sterling remains stable at $1.27. Hedging benefits for US dollar denominated investors into the UK and the eurozone are currently 0.34% and 1.11% per annum on a five-year basis.


Silver and Gold: The price of gold has appreciated +20% since the beginning of the year, currently at $1,839 per troy ounce, which is the most expensive it has been since September 2011. Silver is also following a similar trajectory, appreciating by +17% since the start of the year, at $21.15, a six year high.


UK Shipping Activity: In the week commencing 6th July, there were 653 visits to UK ports by cargo ships and tankers, according to the ONS. While this is down -20% from the first week of January, it is just -7% down on the same week in 2019.