Macro-economic Woes Weigh On Market Sentiment

Concerns about global economic growth was back in spotlight after economic data revealed an unexpected dip in imports by China. Weak industrial production data from Germany and contraction in the Eurozone in the third quarter also weighed on sentiment. Markets also reacted to Bank of Japan Governor’s hints of an earlier-than-expected policy pivot.

Wall Street Futures reflect mild losses. European benchmarks are trading with losses amidst an unexpected decline in Germany’s industrial production. Asian stocks finished trading on a negative note, weighed down by concerns about China.

Dollar Index was dragged down by a strong yen and a retreating Dollar. Bond yields are moving mixed. Crude oil prices gained amidst data showing a rebound in China’s exports data. Gold edged lower. Cryptocurrencies declined.

Here is a glimpse of the major world markets at this hour.

Stock Indexes:

DJIA (US30) at 35,994.50, down 0.17%
S&P 500 (US500) at 4,548.10, down 0.03%
Germany’s DAX at 16,624.55, down 0.19%
U.K.’s FTSE 100 at 7,498.42, down 0.23%
France’s CAC 40 at 7,422.63, down 0.18%
Euro Stoxx 50 at 4,472.85, down 0.23%
Japan’s Nikkei 225 at 32,858.31, down 1.77%
Australia’s S&P ASX 200 at 7,173.30, down 0.07%
China’s Shanghai Composite at 2,966.21, down 0.09%
Hong Kong’s Hang Seng at 16,342.50, down 0.80%


EUR/USD at 1.0779, up 0.16%
GBP/USD at 1.2584, up 0.20%
USD/JPY at 145.12, down 1.49%
AUD/USD at 0.6569, up 0.31%
USD/CAD at 1.3592, up 0.01%
Dollar Index at 103.88, down 0.26%

Ten-Year Govt Bond Yields:

U.S. at 4.158%, up 0.95%
Germany at 2.2040%, down 0.41%
France at 2.744%, down 0.49%
U.K. at 4.0220%, up 1.95%
Japan at 0.754%, up 0.80%


Brent Oil Futures (Feb) at $75.00, up 0.94%.
Crude Oil WTI Futures (Jan) at $69.98, up 0.86%.
Gold Futures (Dec) at $2,049.65, up 0.09%.


Bitcoin at $43,114.08, down 1.50%
Ethereum at $2,234.08, down 1.96%
BNB at $229.78, down 1.85%
XRP at $0.6284, down 0.59%
Solana (SOL) at $62.17, down 4.74%.

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