Covid-19 Daily Dashboard – 23 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 23 June 2020.
Equities: The STOXX 600 is now running at circa January 2007 levels and has gained +1.4% over the morning. The DAX and FTSE 250 have also added +2.1% and +1.0%, respectively, while in Asia, stocks closed higher with the Hang Seng up +1.3% and the Topix increasing +0.5%. In the US, futures for the S&P 500 and the Dow Jones Industrial Average are up +0.6% and +0.7%.
VIX: The CBOE market volatility index and the Euro Stoxx 50 volatility price index have both declined to their lowest levels since June 10th, currently 31.8 and 31.1, respectively.
Bonds: The UK 10-year gilt yield, US 10-year treasury yield and German 10-year bund yield are currently 0.21%, 0.71% and -0.42%.
Currency: Both sterling and the euro have appreciated this morning, at $1.25 and $1.13. Hedging benefits for US dollar denominated investors into the UK and the eurozone have increased to 0.33% and 1.14% per annum on a five-year basis.
Oil: Both Brent Crude and the West Texas Intermediate are above $40 per barrel at $43.42 and $41.00 per barrel, respectively. The reduction in supply surpluses has contributed to this oil price appreciation.
PMIs: Flash estimates for UK PMIs point to an improvement in June as the lockdown has started to ease, with the services PMI increasing to 47, from 29 in May. However, under 50 is still considered contractionary. The manufacturing PMI has risen to just above 50 at 50.1 in June, from 40.7 the month prior.
Commercial Conversations Webinar: 09:30 BST on Thursday 25 June.
This week we will be focusing on Private Capital flows in the context of commercial real estate investment. Will Matthews is joined by Andrew Shirley, editor of Knight Frank’s Wealth Report, and Alex James, Head of Knight Frank’s Private Client Advisory business. Sign up to this and previous editions using the link below.
Register here.