Covid-19 Daily Dashboard – 14 July 2020
An overview of key economic and financial metrics.
1 minute to read
Download an overview of key economic and financial metrics relating to Covid-19 on 14 July 2020.
Equities: In Europe, the STOXX 600 is down over the morning at -1.2%, while the FTSE 250 and the DAX have both recorded losses of -1.4%. In the US, futures for the S&P 500 and the Dow Jones Industrial Average are up +0.3 and +0.4%. In Asia, stocks closed lower across the main indices.
VIX: The investor fear gauges remain volatile in themselves, with the CBOE market volatility index increasing +18% yesterday to 32.2, falling back this morning by -4.0% to 30.9. The Euro Stoxx 50 volatility price index was down over yesterday by -4.6%, closing at 27.1, before increasing over the morning +7.4% to 29.2. Both indices indicate expectations of near-term volatility.
Bonds: The UK 10-year gilt yield has compressed by -3bps this morning to 0.15%. The German 10-year bund yield has also compressed, down -2bps to -0.44%, while the US 10-year treasury yield is flat at 0.62%.
Baltic Dry: The Baltic Dry index decreased by -1.0% to 1,792 yesterday. Growth in the index has moderated since 6th July, predominantly driven by a contraction in the capesize index.
UK Economy: Following a contraction of -6.9% in March and a record -20.4% decline in April, monthly GDP grew by +1.8% in May, below market expectations of +5.5%. GDP for the three months to May 2020 declined by -19.1%, according to the ONS.
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