Market Sentiment Cautious As Geopolitical Tensions Add To Rate Hike Angst

Political chaos over the weekend in Russia added to concerns regarding monetary policy tightening, dragging market sentiment lower across asset classes and regions.

European benchmarks are trading mostly lower. Wall Street Futures are trading in negative zone. Asian stocks too finished deep in the red.

Dollar Index remained subdued. Bond yields eased across regions. Crude oil prices gained amidst concerns over crude oil supplies from Russia. Gold rebounded whereas 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 33,703.50, down 0.07%
S&P 500 (US500) at 4,341.40, down 0.16%
Germany’s DAX at 15,790.05, down 0.25%
U.K.’s FTSE 100 at 7,451.67, down 0.14%
France’s CAC 40 at 7,171.90, up 0.12%
Euro Stoxx 50 at 4,270.85, down 0.02%
Japan’s Nikkei 225 at 32,698.81, down 0.25%
Australia’s S&P ASX 200 at 7,078.70, down 0.29%
China’s Shanghai Composite at 3,150.62, down 1.48%
Hong Kong’s Hang Seng at 18,794.13, down 0.51%

Currencies:

EUR/USD at 1.0905, up 0.15%
GBP/USD at 1.2712, up 0.01%
USD/JPY at 143.10, down 0.41%
AUD/USD at 0.6674, down 0.04%
USD/CAD at 1.3169, down 0.09%
Dollar Index at 102.70, down 0.19%

Ten-Year Govt Bond Yields:

U.S. at 3.681%, down 1.56%
Germany at 2.2940%, down 2.76%
France at 2.819%, down 2.34%
U.K. at 4.3155%, down 0.08%
Japan at 0.349%, down 1.41%

Commodities:

Brent Oil Futures (Sep) at $74.38, up 0.50%
Crude Oil WTI Futures (Aug) at $69.45, up 0.42%
Gold Futures (Aug) at $1,942.70, up 0.68%

Cryptocurrencies:

Bitcoin at $30,275.49, down 1.29%
Ethereum at $1,877.75, down 2.23%
BNB at $237.20, down 1.14%
XRP at $0.4808, down 2.66%
Cardano (ADA) at $0.288, down 3.68%

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