Market sentiment remained firm amidst hopes that the expected easing in inflation in the U.S. would provide the Fed sufficient headroom to pivot from its aggressive rate hikes. Hopes of stimulus measures from China also supported sentiment.
European benchmarks are trading with strong gains. Wall Street Futures are trading just above the flatline. Asian stocks finished on a mixed note.
Dollar retreated, dragging the Dollar Index. Bond yields eased across regions. Crude oil prices recorded mild gains. Gold prices gained amidst the dollar’s weakness.
Cryptocurrencies are trading on a mostly positive note.
Here is a snapshot of the world markets at this hour across stocks, currencies, bonds, commodities and cryptocurrencies.
Stock Indexes:
DJIA (US30) at 34,293.40, up 0.09%
S&P 500 (US500) at 4,446.40, up 0.16%
Germany’s DAX at 15,920.95, up 0.83%
U.K.’s FTSE 100 at 7,361.34, up 1.08%
France’s CAC 40 at 7,271.16, up 0.71%
Euro Stoxx 50 at 4,322.65, up 0.84%
Japan’s Nikkei 225 at 31,943.93, down 0.81%
Australia’s S&P ASX 200 at 7,135.70, up 0.38%
China’s Shanghai Composite at 3,196.13, down 0.78%
Hong Kong’s Hang Seng at 18,860.95, up 1.08%
Currencies:
EUR/USD at 1.1024, up 0.16%
GBP/USD at 1.2923, down 0.07%
USD/JPY at 139.63, down 0.52%
AUD/USD at 0.6694, up 0.12%
USD/CAD at 1.3215, down 0.12%
Dollar Index at 101.50, down 0.23%
Ten-Year Govt Bond Yields:
U.S. at 3.944%, down 0.96%
Germany at 2.6190%, down 1.13%
France at 3.176%, down 1.06%
U.K. at 4.6580%, down 0.15%
Japan at 0.470%, down 1.36%
Commodities:
Brent Oil Futures (Sep) at $79.48, up 0.10%.
Crude Oil WTI Futures (Aug) at $74.97, up 0.19%.
Gold Futures (Aug) at $1,939.35, up 0.12%.
Cryptocurrencies:
Bitcoin at $30,715.62, up 0.96%
Ethereum at $1,889.03, up 1.04%
BNB at $248.27, up 0.45%
XRP at $0.4733, down 0.22%
Cardano (ADA) at $0.2928, up 0.73%
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