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Writer's pictureDaily news stories by Lucas

Financial Bulletin 07/28/2021

Asian shares stayed stuck at seven-month lows today, as markets continued to digest a storm in Chinese equity markets.

{RVO}

MSCI's broadcast of Asia-Pacific shares outside Japan dropped 0.35 percent in early trading.


Japan's Nikkei slid 1.01 percent, Chinese bluechips dropped 1.51 percent, and Australian shares shed 0.43 percent. Hong Kong's Hang Seng Index rose despite the trend, adding 0.63 percent.

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German consumer morale remains steady as the economy heads into August.

{RVO}

This comes as a result of shoppers' readiness to spend more.

But the threat posed by the Delta variant is currently the major drag on the benchmark.


Roughly 60 percent of Germany's 83 million people have had their first shot of a COVID vaccine, and about half of the country's population are fully vaccinated.


To the charts now:

U.S. stocks:

DOW: -85.79 (35,058.52 USD)

S&P 500: -20.84 (4,401.46 USD)

U.S. 30-YEAR TREASURY BOND: 110.53 USD

YIELD: 1.91%

SPOT GOLD: 1,799.50 USD


EUROPEAN MARKETS:

UK FTSE – 100: +6.17 (+0.09%, at 7,002.25 GBP)

FRANCE CAC-40: +33.34 (+0.51%, at 6,565.26 EUR)

GERMAN DAX-30: +19.66 (+0.13%, at 15,538.79 EUR)


HK DOLLAR EXCHANGE RATES:

U.S.D: 7.7834

STERLING: 0.0926

YEN (per100): 7.0729

R.M.B (per HKD100): 83.5570

CAN: 6.1881

AUD: 5.7143

N. ZEALAND: 5.4054

EURO: 9.1911


U.S. DOLLAR CROSS RATES:

YEN: 109.8200

EURO: 0.8468

STERLING: 0.7205

SW FRANC: 0.9152

CAN: 1.2581

AUD: 1.3589





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