{"id":164841,"date":"2022-10-05T07:37:12","date_gmt":"2022-10-05T07:37:12","guid":{"rendered":"https:\/\/precoinnews.com\/?p=164841"},"modified":"2022-10-05T07:37:12","modified_gmt":"2022-10-05T07:37:12","slug":"markets-fall-as-fed-fears-flare-up-again","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/business\/markets-fall-as-fed-fears-flare-up-again\/","title":{"rendered":"Markets Fall As Fed Fears Flare Up Again"},"content":{"rendered":"
World markets<\/span> remained panic stricken amidst a fresh wave of Fed fears. Worries of another 75-basis points rate hike by the Fed it its next review in November lifted the Dollar, pushing the Dollar Index to a fresh twenty-year high of 114.76. <\/p>\n Asian stocks finished with deep losses. European stocks also witnessed major sell-off in the backdrop of the Gfk Consumer Climate Indicator from Germany plunging to a record low. Consumer Confidence in France too edged lower. Wall Street Futures too indicate losses on opening. <\/p>\n The Dollar’s surge dragged down currencies and commodities. Bond yields hardened in tandem with expectations of a surge in interest rates. Crude oil prices traded lower despite supply concerns. The surging Dollar dragged down prices of the yellow metal. Cryptocurrencies plunged. <\/p>\n Here is a snapshot of the world markets at this hour across stocks, currencies, bonds, commodities and cryptocurrencies. <\/p>\n Stock Indexes:<\/p>\n DJIA (US30) at 28,947.50, down 0.64% Currencies:<\/p>\n EURUSD at 0.9553, down 0.41% Ten-Year Govt Bond Yields:<\/p>\n U.S. at 3.994%, up 0.79% Commodities:<\/p>\n Crude Oil WTI Futures (Nov) at $78.24, down 0.33% Cryptocurrencies: <\/p>\n Bitcoin at $18,752.60, down 7.13%
S&P 500 (US500) at 3,618.30, down 0.79%
Germany’s DAX at 11,970.05, down 1.40%
U.K.’s FTSE 100 at 6,885.20, down 1.42%
France’s CAC 40 at 5,692.93, down 1.06%
Euro Stoxx 50 at 3,285.15, down 1.31%
Japan’s Nikkei 225 at 26,173.98, down 1.50%
Australia’s S&P ASX 200 at 6,462.00, down 0.53%
China’s Shanghai Composite at 3,045.07, down 1.58%
Hong Kong’s Hang Seng at 17,250.88, down 3.41% <\/p>\n
GBPUSD at 1.0694, down 0.35%
USDJPY at 144.72, down 0.03%
AUDUSD at 0.6385, down 0.75%
USDCAD at 1.3792, up 0.51%
Dollar Index at 114.62, up 0.45%<\/p>\n
Germany at 2.29%, up 1.73%
France at 2.883%, up 0.84%
U.K. at 4.5410%, up 0.82%
Japan at 0.245%, down 2% <\/p>\n
Brent Oil Futures (Dec) at $84.61, down 0.31%
Gold Futures (Dec) at $1,626.55, down 0.59%<\/p>\n
Ethereum at $1,282.25, down 7.29%
BNB at $269.88, down 5.30%
XRP at $0.4235, down 11.68%
Cardano at $0.4292, down 6.16% <\/p>\n