Markets Brace For Earnings Season

The outset of the earnings season remained the predominant influence on world markets. Fears of an escalation in the Middle East conflict also lingered.

Wall Street Futures are trading with losses. European benchmarks are trading mostly lower despite a positive surprise in the region’s economic sentiment index. Asian stocks however finished on a strong positive note.

The Dollar edged up, lifting the Dollar Index. Bond yields continued to harden. Crude oil prices recorded mild gains. Gold edged up. Cryptocurrencies mostly gained.

Here is a snapshot of the major world markets at this hour.

Stock Indexes:

DJIA (US30) at 33,895.60, down 0.26%
S&P 500 (US500) at 4,358.00, down 0.36%
Germany’s DAX at 15,173.35, down 0.42%
U.K.’s FTSE 100 at 7,659.26, up 0.38%
France’s CAC 40 at 7,008.01, down 0.20%
Euro Stoxx 50 at 4,135.05, down 0.36%
Japan’s Nikkei 225 at 32,013.50, up 1.20%
Australia’s S&P ASX 200 at 7,056.10, up 0.42%
China’s Shanghai Composite at 3,083.50, up 0.32%
Hong Kong’s Hang Seng at 17,760.00, up 0.89%

Currencies:

EUR/USD at 1.0556, down 0.02%
GBP/USD at 1.2162, down 0.44%
USD/JPY at 149.53, up 0.02%
AUD/USD at 0.6352, up 0.20%
USD/CAD at 1.3639, up 0.22%
Dollar Index at 106.37, up 0.12%

Ten-Year Govt Bond Yields:

U.S. at 4.764%, up 1.15%
Germany at 2.8220%, up 1.47%
France at 3.445%, up 1.20%
U.K. at 4.5430%, up 1.34%
Japan at 0.785%, up 0.38%

Commodities:

Brent Oil Futures (Dec) at $89.87, up 0.25%.
Crude Oil WTI Futures (Dec) at $85.37, up 0.13%.
Gold Futures (Dec) at $1,935.95, up 0.09%.

Cryptocurrencies:

Bitcoin at $28,439.15, up 2.49%
Ethereum at $1,584.73, up 0.04%
BNB at $212.91, down 0.08%
XRP at $0.4908, down 0.57%
Solana (SOL) at $24.40, up 6.61%.

Source: Read Full Article