Covid-19 Daily Dashboard – 20 August 2020

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

Download an overview of key economic and financial metrics relating to Covid-19 on 20 August 2020.

Equities: Stock indexes around the world are running lower over the course of the day. In Europe, the STOXX 600 is down -1.2%, as is the CAC 40 (-1.5%), the DAX (-1.3%) and the FTSE 250 (-0.5%). In the US, futures for the S&P 500 are down -0.5% but the index remains +4% higher than the start of the year. In Asia, the Hang Seng (-1.3%), CSI 300 (-1.3%), Topix (-0.9%) and the S&P / ASX 200 (-0.8%) all closed lower. While the Kospi is still running +3% over the year to date, the index has fallen -6.7% over the week and is down -3.7% over the day.


VIX: After increasing +4.8% yesterday, the CBOE market volatility index is up a further +8.9% over the morning to 24.54, elevated compared to its long term average (LTA) of 19.9. Meanwhile, the Euro Stoxx 50 volatility price index has decreased -5.5% to 21.99, below its LTA of 23.3.


Bonds: The US 10-year treasury yield has compressed -3bps to 0.66%, while both the UK 10-year gilt yield and the German 10-year bund yield have declined -1bp to 0.22% and -0.48%.


Currency: Both sterling and the euro have depreciated slightly to $1.31 and $1.18. Hedging benefits for US dollar denominated investors into the UK and the eurozone are 0.27% and 1.09% per annum on a five-year basis.


Oil: Brent Crude and the West Texas Intermediate (WTI) are currently $44.99 and $42.72 per barrel.


Baltic Dry: The Baltic Dry index decreased a further -1.1% yesterday to 1,568. However, the index is +44% above where it was in January.


Gold: The price of gold declined -4.0% yesterday to below $2,000 at $1,927 per troy ounce, which is -7% below the record high of $2,063 reached on 6th August.


300+ minutes of commercial real estate insights: Commercial Conversations, Season 1

We’re pleased to share Season 1 of our Commercial Conversations series from May – July 2020 all available on-demand. Each 30-minute episode gives you an update on key topics affecting commercial real estate. You can see an overview of each episode and access them using the links below. If you have any questions, or feedback, please don’t hesitate to get in touch.

 

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