Market Mood Pivoted On Likely Fresh Sanctions On Russia, Pace Of Fed’s Rate Hikes

Likelihood of further sanctions on Russia weighed in on investor sentiment across markets. Markets also weighed in the strong jobs report from the U.S. and now await the minutes of the Fed’s previous meeting, due to be released on Wednesday to assess the probability of a 50 basis points hike in the next review. Here is an update from markets across asset classes at this hour.

Asian stocks finished with gains. European indices are mostly in positive territory. American stock futures indicate gains on opening. The Dollar Index edged up. Bond yields eased in Europe but surged in the U.S., as the strong jobs report positioned the Fed to stick on to its hawkish stance. Crude prices edged up on supply concerns. Gold gained as bond yields dropped across Europe. Cryptocurrencies stayed close to the flatline.

Stock Indexes:

DJIA (US30) at 34,826.00, up 0.02%
S&P 500 (US500) at 4,551.90 up 0.13%
Germany’s DAX at 14,433.98, down 0.09%
U.K.’s FTSE 100 at 7,552.50, up 0.19%
France’s CAC 40 at 6,702.11, up 0.27%
Euro Stoxx 50 at 3,924.35, up 0.14%
Japan’s Nikkei 225 at 27,736.47, up 0.25%
Australia’s S&P ASX 200 at 7,513.70, up 0.27%
China’s Shanghai Composite at 3,282.72, up 0.94% (April, 1)
Hong Kong’s Hang Seng at 22,502.31, up 2.10%

Currencies:

EURUSD at 1.1027, down 0.24%
GBPUSD at 1.3123 up 0.08%
USDJPY at 122.63, up 0.12%
AUDUSD at 0.7512, up 0.17%
USDCAD at 1.2496, down 0.18%
Dollar Index at 98.70, up 0.07%

Ten-Year Govt Bond Yields:

U.S. at 2.390%, up 0.61%
Germany at 0.5015%, down 11.08%
France at 0.988%, down 3.80%
U.K. at 1.5695%, down 2.58%
Japan at 0.206%, down 1.20%

Commodities:

Crude Oil WTI Futures (May) at $99.94, up 0.67%
Brent Oil Futures (June) at $104.93, up 0.52%
Gold Futures (Jun) at $1,931.90, up 0.43%

Cryptocurrencies:

Bitcoin at $46,201.25, down 0.49%
Ethereum at $3,503.32, up 0.28%
BNB at $447.96, up 1.21%
Solana at $136.26, down 1.06%
Terra at $114.72, down 1.20%

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