Covid-19 Daily Dashboard - 2 November 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 2 November 2020.
COVID-19: The total number of cases recorded globally is circa 46.5 million, with 1.2 million reported deaths according to Johns Hopkins University & Medicine.
Lockdown: In England, a national lockdown will be reinstated on Thursday, with pubs, restaurants, gyms and non-essential shops to close. However, schools, colleges, universities and essential retail are permitted to stay open.
Equities: Globally, stocks are mostly higher. In Europe, the DAX (+1.4%), CAC 40 (+1.3%) and STOXX 600 (+0.9%) are all up over the morning. However, the FTSE 250 is down -0.5%. In Asia, the Topix (+1.8%), Kospi (+1.5%), Hang Seng (+1.5%), CSI 300 (+0.5%) and the S&P / ASX 200 (+0.4%) were all higher on close. In the US, futures for the S&P 500 are up +1.2%.
VIX: The CBOE market volatility index and the Euro Stoxx 50 volatility index have both decreased -1.3% this morning to 37.5 and 34.9. Both indexes remain elevated compared to their long term averages of 19.9 and 24.0.
Bonds: The UK 10-year gilt yield has compressed -2bps to 0.24% and the US 10-year treasury yield has contracted -1bp to 0.87%, meanwhile the German 10-year bund yield has softened +1bp to -0.62%.
Currency: The euro has depreciated to $1.16, while sterling is currently $1.29. Hedging benefits for US dollar denominated investors into the UK and the eurozone are at 0.41% and 1.26% per annum on a five-year basis.
Baltic Dry: The Baltic Dry decreased for the third session in a row on Friday, down -1.1% to 1,283, which is the lowest the index has been since mid September. Over the last 19 sessions, the Baltic Dry has seen cumulative declines of -39%, however the index remains +18% higher than it was at the beginning of the year.
Oil: Brent Crude and the West Texas Intermediate (WTI) remain below $40 per barrel this morning, after declining -1.2% and -2.9% this morning, to $37.02 and $34.77, respectively. Brent Crude and the WTI are now at their lowest levels since May and June.
Gold: Gold was priced at $1,878 per troy ounce on Friday, a +0.6% increase on the day prior and +22.9% up on the price at the start of the year.