World Market Trends

Optimism over China reopening and expectations of a further drop in inflation in the U.S. propelled world markets higher on Wednesday. Sentiment was also boosted after the much-awaited speech by Fed Chair Jerome Powell on Tuesday stopped short of commenting on monetary policy or interest rate action.

Asian stocks finished mostly higher. European benchmarks and Wall Street Futures are also trading in positive territory.

The Dollar Index stayed close to the flatline. Bond yields eased across regions. Crude oil prices extended gains. Gold rebounded. Cryptocurrencies remained firm.

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

Stock Indexes:

DJIA (US30) at 33,762.00, up 0.17%
S&P 500 (US500) at 3,925.20, up 0.15%
Germany’s DAX at 14,910.65, up 0.92%
U.K.’s FTSE 100 at 7,734.10, up 0.51%
France’s CAC 40 at 6,925.85, up 0.83%
Euro Stoxx 50 at 4,095.25, up 0.93%
Japan’s Nikkei 225 at 26,446.00, up 1.03%
Australia’s S&P ASX 200 at 7,195.30, up 0.90%
China’s Shanghai Composite at 3,161.84, down 0.24%
Hong Kong’s Hang Seng at 21,436.05, up 0.49%

Currencies:

EURUSD at 1.0749, up 0.14%
GBPUSD at 1.2138, down 0.14%
USDJPY at 132.48, up 0.17%
AUDUSD at 0.6901, up 0.20%
USDCAD at 1.3428, up 0.04%
Dollar Index at 103.27, up 0.04%

Ten-Year Govt Bond Yields:

U.S. at 3.580%, down 1.08%
Germany at 2.2395%, down 2.67%
France at 2.728%, down 2.50%
U.K. at 3.5185%, down 1.22%
Japan at 0.496%, down 0.70%

Commodities:

Brent Oil Futures (Mar) at $80.39, up 0.36%
Crude Oil WTI Futures (Feb) at $75.23, up 0.15%
Gold Futures (Feb) at $1,887.45, up 0.58%

Cryptocurrencies:

Bitcoin at $17,460.52, up 1.14%
Ethereum at $1,336.46, up 0.37%
BNB at $278.32, up 0.89%
XRP at $0.3635, up 3.88%
Cardano (ADA) at $0.3156, down 0.92%

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