{"id":181369,"date":"2023-09-14T07:39:30","date_gmt":"2023-09-14T07:39:30","guid":{"rendered":"https:\/\/precoinnews.com\/?p=181369"},"modified":"2023-09-14T07:39:30","modified_gmt":"2023-09-14T07:39:30","slug":"strong-u-s-services-pmi-readings-renew-fed-fears","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/business\/strong-u-s-services-pmi-readings-renew-fed-fears\/","title":{"rendered":"Strong U.S. Services PMI Readings Renew Fed Fears"},"content":{"rendered":"
Market sentiment remained tethered to fears of rates remaining higher for longer, after strong services PMI readings from the U.S indicated a resilient economy<\/span>. Markets also await the cues from Fed speakers lined up for the day. <\/p>\n Wall Street Futures are trading directionless. European benchmarks are trading mostly higher. Asian stock markets<\/span> finished in the red amidst trade data from China that showed an 8.8 percent drop in exports and a 7.3 percent drop in imports. <\/p>\n Dollar Index remained firm above the flatline. Bond yields eased across regions. Crude oil prices declined as demand concerns resurfaced. Gold futures edged lower amidst the Dollar’s strength. Cryptocurrencies are trading mixed. <\/p>\n Here is a glimpse of the world markets at this hour. <\/p>\n Stock Indexes:<\/p>\n DJIA (US30) at 34,477.50, up 0.10% Currencies:<\/p>\n EUR\/USD at 1.0711, down 0.15% Ten-Year Govt Bond Yields:<\/p>\n U.S. at 4.276%, down 0.40% Commodities:<\/p>\n Brent Oil Futures (Nov) at $89.91, down 0.76%. Cryptocurrencies: <\/p>\n Bitcoin at $25,748.03, up 0.05%
S&P 500 (US500) at 4,455.90, down 0.21%
Germany’s DAX at 15,770.05, up 0.18%
U.K.’s FTSE 100 at 7,447.35, up 0.29%
France’s CAC 40 at 7,227.75, up 0.47%
Euro Stoxx 50 at 4,243.75, up 0.13%
Japan’s Nikkei 225 at 33,010.00, down 0.73%
Australia’s S&P ASX 200 at 7,171.00, down 1.19%
China’s Shanghai Composite at 3,122.35, down 1.13%
Hong Kong’s Hang Seng at 18,184.50, down 1.32% <\/p>\n
GBP\/USD at 1.2469, down 0.29%
USD\/JPY at 147.45, down 0.13%
AUD\/USD at 0.6381, down 0.02%
USD\/CAD at 1.3651, up 0.12%
Dollar Index at 104.92, up 0.05% <\/p>\n
Germany at 2.6255%, down 1.15%
France at 3.153%, down 1.28%
U.K. at 4.5100%, down 0.57%
Japan at 0.647%, down 1.89% <\/p>\n
Crude Oil WTI Futures (Oct) at $86.80, down 0.85%.
Gold Futures (Dec) at $1,943.75, down 0.02%.<\/p>\n
Ethereum at $1,633.32, up 0.16%
BNB at $215.56, up 0.41%
XRP at $0.4982, down 0.51%
Cardano (ADA) at $0.2555, down 0.26% <\/p>\n