Global Financial Market Overview Aug 24
Global financial market overview as of August 24, 2018.
28 ส.ค. 2561

Dow Jones on August 24, 2018 jumped 133.37, while the S&amp;P 500 and Nasdaq Composite reached all-time highs on Friday as Netflix shares rose. The broader market also climbed after the top Federal Reserve official characterized the U.S. economy as “strong”.
Dow Jones Industrial Average closed at 25,790.35, jumped 133.37 (+0.52%)
S&amp;P Index closed at 2,874.69, increased 17.71 (+0.62%)
Nasdaq Composite closed at 7,945.98, decreased 67.52 (+0.86%)
 
European stocks closed higher Friday following the conclusion of U.S.-China trade talks and a key speech by Federal Reserve Chair Jerome Powell.
Stoxx Europe 600 closed at 383.56 rose 0.18 (+0.05%)
Germany’s DAX Performance Index closed at 12,394.52, rose 28.94 (+0.23%)
France’s CAC 40 Index closed at 5,432.50, rose 13.17 (+0.24%)
London’s FTSE 100 closed at 7,577.49, rose 14.27 (+0.19%)
 
New York Gold Future rose on Friday as the dollar came under pressure from clues about the direction of U.S. monetary policy from Federal Reserve Chairman Jerome Powell, which market watchers interpreted as dovish.
COMEX rose 19.30 USD or 1.62% for December delivery to close at 1,213.30 USD/ounce
Platinum for October rose 11 USD or 1.41% to close at 789.40 USD/ounce
Palladium for September rose 17.4 USD or 1.90% to close at 928.60 USD/ounce
 
WTI Oil Crude rose, but pared gains ahead of the close, as the market remained on edge about potential oversupply despite signs that Iran sanctions could curb output.
West Texas Intermediate (WTI) crude for October delivery rose by 89 cent or 1.3% to close at 68.72 USD/bbl
Brent crude for October delivery rose 1.09 USD or 1.5% to close at 75.82 USD/bbl
 
United States Dollars fell to a session low on Friday after Federal Reserve Chair Jerome Powell said steady rate hikes are the best way to protect U.S. economic recovery but suggested the Fed funds rate was getting closer to neutral.
USD weakened against JPY from 111.29 JPY to trade at 111.20 JPY, and also weakened against Swiss Franc from 0.9862 SFR to 0.9828 SFR.
Euro strengthened to trade at 1.1625 USD from 1.1536 USD.
Pound was strengthen to trade at 1.2847 USD from 1.2814 USD, as well as AUD to close at 0.7324 USD from 0.7245 USD.