20 July 2017

Daily Financial Markets Report

Thursday, 20 July 2017

Highlights

  • U.S. stock-index futures traded modestly higher on Wednesday, putting major indexes on track to trade near records as tech stocks rose and were on pace to achieve fresh records. European stocks rose Wednesday, carried by well-received corporate earnings reports including from Swedish appliance maker Electrolux AB, while a more than $4 billion deal drew Reckitt Benckiser Group PLC shares higher. Equity markets lacked direction in Asia on Wednesday, as was the case overnight in the U.S., though Australian stocks outperformed on strong gains among the country’s biggest banks.
  • The U.S dollar is currently trading at 1.15 to the Euro; 1.30 to the Pound and will buy 111.63 Japanese Yen or 12.91 South African Rand.
  • Spot gold is currently trading at US$ 1 240.10/oz and platinum at US$ 928.20/oz. Brent crude oil is currently trading at US$ 49.27 per barrel.


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