Covid-19 Daily Dashboard - 30 September 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 September 2020.
Equities: In Europe, stocks are mostly lower this morning, with declines recorded by the DAX (-0.7%), CAC 40 (-0.5%) and the STOXX 600 (-0.3%), however the FTSE 250 has added +0.2%. In Asia, equities were also mixed, with the Hang Seng up +0.8% on close, while the S&P / ASX 200 (-2.3%), Topix (-2.0%) and the CSI 300 (-0.1%) all recorded losses on close. In the US, futures for the S&P 500 are down -0.9%.
VIX: The CBOE market volatility index has increased by +3.2% to 27.1, while the Euro Stoxx 50 vix has declined -0.6% this morning to 26.7. Both indices remain elevated compared to their long term averages of 19.8 and 23.9.
Bonds: The UK 10-year gilt yield, US 10-year treasury yield and German 10-year bund yield remain steady at 0.18%, 0.65% and -0.55%, respectively. The Italian 10-year bond yield has softened +1bp to 0.85%.
Currency: Sterling and the euro are currently $1.29 and $1.17, respectively. Hedging benefits for US dollar denominated investors into the UK and the eurozone are at 0.35% and 1.12% per annum on a five-year basis.
Oil: The West Texas Intermediate (WTI) has declined -1.0% over the morning to below $40 per barrel at $38.91, while Brent Crude is currently up +0.1% at $41.05.
Baltic Dry: The Baltic Dry increased +0.2% yesterday to 1,658. The index remains +53% higher than it was in January, albeit down -15% from the peak in July.
Gold: The price of gold increased +1% yesterday to $1,896 per troy ounce. Gold reached a record of $2,063 on 6th August and has since declined -8%, however the price of gold is +24% higher than it was at the start of January.
UK House Prices: According to Nationwide, house prices increased by +5% in September compared to the same month one year ago. This is the highest annual rate of growth in four years.