Covid-19 Daily Dashboard - 27 October 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 27 October 2020.
Equities: In Europe stocks are lower, with declines led by the CAC 40, which is -1.0% down over the morning, followed by the FTSE 250 (-0.5%), the DAX and the STOXX 600 (both -0.4%). In Asia, the S&P / ASX 200 (-1.7%), Kospi (-0.6%) and the Topix (-0.1%) all closed lower, however, the CSI 300 was +0.2% higher on close. In the US, futures for the S&P 500 are up +0.3%.
VIX: After increasing +17.8% yesterday, the CBOE market volatility index has increased a further +0.3% over the morning to 32.6. The Euro Stoxx50 volatility index is also higher this morning, up +1.8% to 32.3, the highest the index has been since the end of June. Both indices remain elevated compared to their long term averages of 19.9 and 23.9.
Bonds: The German 10-year bund yield has compressed -2bps this morning to -0.59%, while both the US 10-year treasury yield and the UK 10-year gilt yield are steady at 0.80% and 0.28%.
Currency: Sterling and the euro are currently $1.30 and $1.18, respectively. Hedging benefits for US dollar denominated investors into the UK and the eurozone are at 0.38% and 1.24% per annum on a five-year basis.
Baltic Dry: The Baltic Dry decreased for the 12th time in 14 sessions yesterday, down -0.9% to 1,402. Over the last 15 sessions, the index has seen cumulative declines of -33%, albeit the Baltic Dry remains +29% higher than it was at the beginning of the year.
Oil: Despite increasing +1.3% over the morning, the West Texas Intermediate (WTI) remains below $40 per barrel at $39.07. Brent Crude is also up, increasing +2.1% to $41.31 per barrel.
Gold: The price of gold is currently $1,902 per troy ounce. Gold is +24% higher than it was at the start of January, however it remains -8% lower than its record high of $2,063 in August.