World Market Trends

Hopes of a softening in the Fed’s stance and a resurgence in demand from China kept sentiment high across world markets. However, hawkish comments from ECB officials weighed on sentiment.

Asian stocks finished with gains amidst a slew of holidays in the region. Major European benchmarks are mostly trading in positive territory. Wall Street Futures indicate mild losses on opening.

The Euro firmed up to 9-month high against the Dollar amidst the ECB’s hawkish stance, dragging the Dollar Index lower. Bond yields mostly hardened. Crude oil prices gained amidst hopes of boost from Chinese demand. Gold edged lower. Cryptocurrencies extended gains.

Here is a snapshot of the world markets at this hour across stocks, currencies, bonds, commodities and cryptocurrencies.

Stock Indexes:

DJIA (US30) at 33,366.00, down 0.03%
S&P 500 (US500) at 3,966.10, down 0.16%
Germany’s DAX at 15,030.35, down 0.02%
U.K.’s FTSE 100 at 7,785.11, up 0.19%
France’s CAC 40 at 6,997.55, up 0.02%
Euro Stoxx 50 at 4,127.25, up 0.18%
Japan’s Nikkei 225 at 26,906.04, up 1.33%
Australia’s S&P ASX 200 at 7,457.30, up 0.07%
China’s Shanghai Composite at 3,264.81, up 0.76% (January 20)
Hong Kong’s Hang Seng at 22,044.65, up 1.82% (January 20)

Currencies:

EURUSD at 1.0896, up 0.38%
GBPUSD at 1.2364, down 0.23%
USDJPY at 130.12, up 0.42%
AUDUSD at 0.7013, up 0.67%
USDCAD at 1.3362, down 0.14%
Dollar Index at 101.78, down 0.22%

Ten-Year Govt Bond Yields:

U.S. at 3.503%, up 0.53%
Germany at 2.1955%, up 1.13%
France at 2.642%, up 0.84%
U.K. at 3.4085%, up 0.81%
Japan at 0.380%, down 0.13%

Commodities:

Brent Oil Futures (Mar) at $88.20, up 0.65%
Crude Oil WTI Futures (Mar) at $82.16, up 0.64%
Gold Futures (Feb) at $1,926.55, down 0.09%

Cryptocurrencies:

Bitcoin at $22,911.03, up 0.12%
Ethereum at $1,638.01, up 0.65%
BNB at $305.86, up 1.00%
XRP at $0.4209, up 3.98%
Cardano (ADA) at $0.3792, down 0.96%

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