Markets Into Fed-fearing Mode

Here is a snapshot of the global markets across stocks, currencies, bonds, commodities and cryptocurrencies.

Global markets mostly attempted to price in the effects of faster interest rate hikes and more rapid Balance Sheet runoff by the Fed. Asian stocks finished with losses. European indices are mostly trading with gains. American stock futures are in mild positive territory. The Dollar Index touched a fresh 52-week high. Bond yields eased after surging in the previous two sessions. Crude prices continued to increase on supply concerns, despite the announcement of a massive release from strategic oil reserves. Gold edged up. Cryptocurrencies extended losses.

Stock Indexes:

DJIA (US30) at 34,518.10, up 0.06%
S&P 500 (US500) at 4,492.60 up 0.26%
Germany’s DAX at 14,221.63, up 0.49%
U.K.’s FTSE 100 at 7,576.50, down 0.15%
France’s CAC 40 at 6,537.92, up 0.60%
Euro Stoxx 50 at 3,849.75, up 0.66%
Japan’s Nikkei 225 at 26,888.57, down 1.69%
Australia’s S&P ASX 200 at 7,442.80, down 0.63%
China’s Shanghai Composite at 3,236.70, down 1.42%
Hong Kong’s Hang Seng at 21,808.98, down 1.23%

Currencies:

EURUSD at 1.0893, up 0.00%
GBPUSD at 1.3084 up 0.12%
USDJPY at 123.71, down 0.06%
AUDUSD at 0.7482, down 0.41%
USDCAD at 1.2564, up 0.18%
Dollar Index at 99.64, up 0.04%

Ten-Year Govt Bond Yields:

U.S. at 2.575%, down 1.30%
Germany at 0.6320%, down 2.32%
France at 1.155%, down 2.57%
U.K. at 1.6845%, down 1.20%
Japan at 0.228%, down 1.93%

Commodities:

Crude Oil WTI Futures (May) at $96.94, up 0.74%
Brent Oil Futures (June) at $101.94, up 0.86%
Gold Futures (Jun) at $1,927.75, up 0.24%

Cryptocurrencies:

Bitcoin at $43,410.30, down 4.10%
Ethereum at $3,220.97, down 3.61%
BNB at $428.77, down 2.48%
Terra at $106.53, down 7.21%
Solana at $115.00, down 7.33%

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