World Market Trends
World markets remain muted amidst uncertainty over the course of monetary policy in the U.S. Whilst the recent GDP data showed a cooling that could limit the Fed’s ability to raise rates, all eyes are now on the Fed-preferred PCE inflation readings due later in the day.
Asian stocks finished on a mixed note. Major European benchmarks are also trading on a mixed note. Wall Street Futures are trading in negative territory.
Dollar and the Dollar Index remained firm. Bond yields moved mixed. Supply concerns boosted crude oil prices. Gold prices gained amidst relief following the slight downward revision in the U.S. GDP. Cryptocurrencies declined.
Here is a snapshot of the world markets at this hour across stocks, currencies, bonds, commodities and cryptocurrencies.
Stock Indexes:
DJIA (US30) at 33,083.50, down 0.21%
S&P 500 (US500) at 3,998.30, down 0.35%
Germany’s DAX at 15,459.15, down 0.11%
U.K.’s FTSE 100 at 7,932.57, up 0.31%
France’s CAC 40 at 7,325.18, up 0.11%
Euro Stoxx 50 at 4,255.85, down 0.05%
Japan’s Nikkei 225 at 27,453.48, up 1.29%
Australia’s S&P ASX 200 at 7,307.00, up 0.30%
China’s Shanghai Composite at 3,267.16, down 0.62%
Hong Kong’s Hang Seng at 20,010.04, down 1.68%
Currencies:
EUR/USD at 1.0590, down 0.05%
GBP/USD at 1.2023, up 0.08%
USD/JPY at 135.13, up 0.32%
AUD/USD at 0.6786, down 0.31%
USD/CAD at 1.3566, up 0.14%
Dollar Index at 104.71, up 0.11%
Ten-Year Govt Bond Yields:
U.S. at 3.902%, up 0.55%
Germany at 2.4750%, up 0.00%
France at 2.946%, down 0.19%
U.K. at 3.6150%, up 0.70%
Japan at 0.499%, down 0.20%
Commodities:
Brent Oil Futures (Apr) at $83.08, up 1.06%
Crude Oil WTI Futures (April) at $76.16, up 1.02%
Gold Futures (Apr) at $1,829.05, up 0.12%
Cryptocurrencies:
Bitcoin at $23,876.99, down 1.95%
Ethereum at $1,650.44, down 0.87%
BNB at $310.67, down 0.22%
XRP at $0.3892, down 1.27%
Cardano (ADA) at $0.3821, down 2.38%
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