Covid-19 Daily Dashboard – 24 June 2020
An overview of key economic and financial metrics.
2 minutes to read
Download an overview of key economic and financial metrics relating to Covid-19 on 24 June 2020.
Equities: In Europe, equities were lower this morning with the STOXX 600 down -1.5%. The DAX and FTSE 250 have also declined -2.0% and -1.4%, respectively. In Asia, stocks were mixed, with the Hang Seng closing -0.2% lower, while the CSI 300 (+0.4%) and the S&P / ASX (+0.2%) both closed higher. In the US, futures for the S&P 500 and the Dow Jones Industrial Average are down -0.8% and -1.0%.
VIX: Both the CBOE market volatility index and the Euro Stoxx 50 volatility price index have increased over the morning, currently at 32.8 and 33.8, respectively.
Bonds: The UK 10-year gilt yield, US 10-year treasury yield and German 10-year bund yield are currently at 0.20%, 0.71% and -0.41%.
Baltic Dry: The Baltic Dry increased for its 17th consecutive session yesterday, up +3.8% to 1,617. The index is now 527 points or +48% above where it was in January 2020, indicating improving demand for raw materials and subsequently manufacturing, as COVID-19 containment measures continue to ease.
UK Lockdown: Boris Johnson has announced further easing measures in England from July 4th. Additional service and leisure sectors will be able to reopen, albeit excluding swimming pools, indoor gyms, spas, bowling alleys, soft play centres, nightclubs and casinos. From the same date, social distancing guidelines will be amended from 2m to 1m+, where additional mitigants are in place. However, it has been emphasised that this further easing is “conditional and reversible”.
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