Sentiment improved as markets reconciled to the hawkish stance by the Federal Reserve and the ECB. As expected, Bank of Japan held rates steady and maintained its dovish stance. Interest rate decision by the Bank of England is due next week.
European benchmarks gained. Wall Street Futures are trading higher. Asian stocks too finished trading on a positive note amidst hopes of a stimulus from China.
Dollar remained firm, lifting the Dollar Index mildly. Bond yields moved in a mixed fashion. Crude oil prices were muted amidst downgrades to Chinese growth forecasts. Gold extended gains. Cryptocurrencies rebounded.
Here is a snapshot of the world markets at this hour across stocks, currencies, bonds, commodities and cryptocurrencies.
Stock Indexes:
DJIA (US30) at 34,444.80, up 0.11%
S&P 500 (US500) at 4,431.70, up 0.13%
Germany’s DAX at 16,347.95, up 0.36%
U.K.’s FTSE 100 at 7,685.90, up 0.76%
France’s CAC 40 at 7,345.72, up 0.75%
Euro Stoxx 50 at 4,387.65, up 0.52%
Japan’s Nikkei 225 at 33,706.08, up 0.66%
Australia’s S&P ASX 200 at 7,251.20, up 1.06%
China’s Shanghai Composite at 3,273.33, up 0.63%
Hong Kong’s Hang Seng at 20,017.00, up 0.95%
Currencies:
EUR/USD at 1.0953, up 0.07%
GBP/USD at 1.2796, up 0.09%
USD/JPY at 141.00, up 0.51%
AUD/USD at 0.6881, down 0.06%
USD/CAD at 1.3224, up 0.01%
Dollar Index at 102.21, up 0.09%
Ten-Year Govt Bond Yields:
U.S. at 3.743%, up 0.46%
Germany at 2.4965%, down 0.34%
France at 3.010%, down 0.51%
U.K. at 4.4085%, up 0.58%
Japan at 0.408%, up 0.62%
Commodities:
Brent Oil Futures (Aug) at $75.64, down 0.04%
Crude Oil WTI Futures (Jul) at $70.55, down 0.10%
Gold Futures (Aug) at $1,975.65, up 0.25%
Cryptocurrencies:
Bitcoin at $25,550.24, up 2.40%
Ethereum at $1,672.28, up 2.10%
BNB at $239.69, up 1.31%
XRP at $0.4774, up 1.00%
Cardano (ADA) at $0.2626, up 2.58%
Source: Read Full Article