SATURDAY 7/28/18

SPX 2819. INDU 25451. COMPQ 7737 (Nasdaq Composite print record high last week). NDX 7297 (Nasdaq 100 prints record high last week). RUT 1663. NIKK 22713. SPASX200 6300 (a one-decade record closing high). KOSPI 2295. SSEC 2874. HSI 28804. BSE 37336.85 (record high). DAX 12860. CAC 5512. FTSE 7701. MIB 21955. IBEX 9868. PSI 5615.

[Purchase the July publication 2018-07 for the detailed explanation of the economic data, politics and news events impacting global stock, bond and currency markets.]

FRIDAY 7/27/18; BSE Sensex (India) Prints Above 37K; TWTR Crashes -21%; CVX; XOM; PSX; COG; CL; GT; MRK; ABBV; SAM; WY; Q2 GDP (Gross Domestic Product) Prints a 4-Handle; Consumer Sentiment; RTH, AMZN, GOOGL and V Print Record Highs; US Stocks Collapse; COMPQ -1.5%; NDX -1.4%; RUT (Russell 2000) Plummets -1.9%; INTC Crashes -9%

The US says China should embrace a free market policy for trade and its 

[Purchase the July publication 2018-07 for the detailed explanation of the economic data, politics and news events impacting global stock, bond and currency markets.]

Euro 1.1656. Dollar/yen 111.03. Pound 1.3109. Bitcoin 8191. USD 94.68.

WEDNESDAY 7/25/18; President Trump and EU President Juncker Avert Trade War; BA; UPS; KO; GM; BSX; GD; NOC; HES; MDLZ; LH; ROK; IR; GLW; OC; CHKP; USG; EVR; FCX; PF; GRUB; TMO; HLT; SIRI; HCA; R; New Home Sales; MIB (Italy) Loses -1.4%; 5-Year Note Auction; COMPQ, NDX, XLK, FB, AAPL, AMZN and GOOGL Print All-Time Record Highs; COMPQ Overtakes 7.9K; NDX Above 7.5K; FB Crashes -24% on Earnings; F; V; QCOM; AMD; XLNX; PYPL; GILD; ALGN; VRTX; MAT; ETH; ORLY; PKG; CLB; LVS; MHK; TRN

Euro 1.1684. Dollar/yen 111.23. Pound 1.3147. Aussie dollar 0.7428. Indian rupee 68.9463. Dollar/yuan 6.7927. USD 94.60.

[Purchase the July publication 2018-07 for the detailed explanation of the economic data, politics and news events impacting global stock, bond and currency markets.]

At 6 PM, FB is down -23% as the medics try to stop the bleeding. Facebook has lost one-quarter of its value since the closing bell.

At 6:27 PM, FB is down -21%. The tech sector will be hit tomorrow. Nasdaq 100 index futures are down 64 points wiping out two-thirds of today’s gains.

TUESDAY 7/24/18; Global Yields on the Rise; China Provides Stimulus; SSEC (China) Jumps +1.6%; HSI (Hong Kong) Rallies +1.4%; Turkey in Turmoil as the Lira Collapses; UTX; MMM; LLY; KMB; LMT; VZ; JBLU; ATI; BIIB; DGX; HOG; PCAR; Global PMI Indexes; COMPQ, NDX, IBB, GOOGL, FB and XLK Print Record Highs; 2-Year Note Auction; T; TXN; KS; SYK; CB; IRBT; TER

Japanese JGB’s ran higher in yield yesterday after the BOJ hinted that modifications are coming to the 

[Purchase the July publication 2018-07 for the detailed explanation of the economic data, politics and news events impacting global stock, bond and currency markets.]

death count from the wildfire tragedy in Greece rises to 74 souls with over 200 people injured.

SUNDAY 7/8/18

In Japan, 57 people are killed in landslides and floods created by 

[Purchase the July publication 2018-07 for the detailed explanation of the economic data, politics and news events impacting global stock, bond and currency markets.]

Euro 1.1745. Dollar/yen 110.45. Pound 1.329. USD 94.00. Bitcoin 6739. Bitcoin cash 763. Ether 486. Ripple 0.4848.

SATURDAY 7/7/18

SPX 2760. INDU 24456. COMPQ 7688. RUT 1694. NIKK 21788. SPASX200 6272. KOSPI 2273. SSEC 2746. HSI 28316. BSE 35658. DAX 12496. CAC 5376. FTSE 7618. MIB 21926. IBEX 9905. PSI 5600.

Secretary of State Pompeo finishes a meeting in 

[Purchase the July publication 2018-07 for the detailed explanation of the economic data, politics and news events impacting global stock, bond and currency markets.]

In Chicago, protesters block highways demonstrating against poverty and joblessness. The natives are becoming restless around the world.

FRIDAY 7/6/18; US-China Trade War Escalates; Straits Times Collapses -2%; KOSPI (South Korea) and HSI (Hong Kong) in Correction; SSEC (China) Remains in Bear Market; US Monthly Jobs Report; US Stocks Rally; COMPQ +1.3%; NDX +1.5%; IBB +3.8%; SOX +1.2%; FB (Facebook) Prints Record High; Copper is in a Correction Dumping -5% This Week

Euro 1.1696. Dollar/yen 110.59. Pound 1.3224. Aussie dollar 0.7389. Indian rupee 68.9413. Dollar/yuan 6.637.

[Purchase the July publication 2018-07 for the detailed explanation of the economic data, politics and news events impacting global stock, bond and currency markets.]

Treasury yields are; 2-year 2.54%, 5-year 2.72%, 10-year 2.82%, 30-year 2.93%.

USD 94.00. Euro 1.1744. Bitcoin 6565. Bitcoin cash 727. Ether 468. Litecoin 82.5. Ripple 0.472.

THURSDAY 7/5/18; Global PMI Services; Challenger Job-Cut Report; ADP Employment Report; ISM Non-Mfg Index; FOMC Minutes; US Yield Curve Flattens with 2-10 Spread Down to 27 Bips; Copper Collapses -3%; COMPQ +1.1%; NDX +1.2%; RUT +1.2%; XLP +1.4%; SOX +2.7%; US Tariffs to be Implemented at Midnight

Euro 1.1661. Dollar/yen 110.47. Pound 1.3231. Aussie dollar 0.7383. Indian rupee 68.7425. Dollar/yuan 66.325. USD 94.54.

[Purchase the July publication 2018-07 for the detailed explanation of the economic data, politics and news events impacting global stock, bond and currency markets.]



..........await the implementation of US tariffs less than eight hours away. The big stock market rally hints that traders expect the tariffs to be watered down and the China retaliation to be mild.

June Publication of the Daily Chronology of Global Markets and World Economics 2018-06 is Available from Amazon

The June publication of the Daily Chronology of Global Markets and World Economics 2018-06 is available from Amazon.

The Daily Chronology of Global Markets and World Economics 2018-07 for July is tentatively set for publication by Amazon on Saturday, 8/4/18.