Covid-19 Daily Dashboard – 30 July 2020
An overview of key economic and financial metrics.
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Download an overview of key economic and financial metrics relating to Covid-19 on 30 July 2020.
COVID-19: The total number of recorded cases globally is now above 17.0 million, with 667k reported deaths, according to Johns Hopkins University & Medicine. The US accounts for 26% of global reported cases.
Equities: In Europe, the STOXX 600 is currently down -1.3%, as is the DAX (-2.5%), CAC 40 (-1.2%) and the FTSE 250 (-0.9%). In the US, futures for the S&P 500 and the Dow Jones Industrial Average are both down -1.0%. In Asia, the S&P / ASX 200 (+0.7%) and the Kospi (+0.2%) were up, while the Hang Seng (-0.7%), Topix (-0.6%) and the CSI 300 (-0.5%) were all lower on close.
VIX: The Euro Stoxx 50 volatility price index is up +10.0% this morning to 26.7, after closing yesterday at 24.2. The CBOE market volatility index is also up +4.9% to 28.1. Both indices remain above their long term averages, indicating further expectations of near-term volatility.
Bonds: The German 10-year bund yield has compressed -3bps to -0.52, the UK 10-year gilt yield -2bps to 0.10% and the US 10-year treasury yield -1bp to 0.56%.
Currency: The euro has appreciated to $1.18, while sterling remains at $1.30. Both currencies are elevated, with sterling the highest it has been since the start of March and the euro since September 2018. Hedging benefits for US dollar denominated investors into the UK and the eurozone is 0.35% and 1.11% per annum on a five-year basis.
Baltic Dry: The Baltic Dry index has increased for the first time in eight sessions yesterday, up +4.2% to 1,317. The index is 21% above where it was at the beginning of the year, albeit, it is a third lower than recent highs of 1,956 in early July.
Oil: Brent Crude and the West Texas Intermediate (WTI) are down -0.1% and -1.1% over the morning to $43.69 per barrel and $40.80 per barrel, respectively.
UK Auto Industry: The number of cars built in the six months to June totalled 381,357, the lowest level since 1954 and down -42% on the same period last year.