Markets Digest Hawkish Central Bank Commentary

Market sentiment remained swayed by hawkish commentary from central bank officials. Officials from Bank of England as well as ECB hinted at potential rate hikes. Recent FOMC minutes which revealed a Fed intent on keeping interest rates restrictive also influenced market sentiment.

Wall Street Futures reflect mild gains. European benchmarks are mostly trading higher. Asian stocks finished trading on a mixed note.

Dollar Index declined as the greenback retreated. Bond yields mostly hardened. Crude oil prices are trading mixed ahead of the OPEC+ meeting. Gold firmed up amidst the Dollar’s weakness. Cryptocurrencies mostly gained.

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

Stock Indexes:

DJIA (US30) at 35,363.00, up 0.26%
S&P 500 (US500) at 4,562.30, up 0.12%
Germany’s DAX at 16,017.65, up 0.14%
U.K.’s FTSE 100 at 7,477.60, down 0.08%
France’s CAC 40 at 7,289.68, up 0.16%
Euro Stoxx 50 at 4,368.35 up 0.16%
Japan’s Nikkei 225 at 33,625.53, up 0.54%
Australia’s S&P ASX 200 at 7,040.80, up 0.17%
China’s Shanghai Composite at 3,040.97, down 0.68%
Hong Kong’s Hang Seng at 17,567.50, down 1.96%

Currencies:

EUR/USD at 1.0907, up 0.03%
GBP/USD at 1.2556, up 0.18%
USD/JPY at 149.60, up 0.02%
AUD/USD at 0.6567, up 0.15%
USD/CAD at 1.3690, down 0.01%
Dollar Index at 103.71, down 0.20%

Ten-Year Govt Bond Yields:

U.S. at 4.480%, up 1.44%
Germany at 2.6455%, up 0.86%
France at 3.204%, up 0.52%
U.K. at 4.3315%, up 1.73%
Japan at 0.772%, up 0.19%

Commodities:

Brent Oil Futures (Jan) at $81.66, up 0.29%.
Crude Oil WTI Futures (Jan) at $76.73, down 0.48%.
Gold Futures (Dec) at $1,995.70, up 0.15%.

Cryptocurrencies:

Bitcoin at $37,658.84, up 0.15%
Ethereum at $2,108.48, up 1.09%
BNB at $235.76, up 0.01%
XRP at $0.6229, up 0.29%
Solana (SOL) at $58.18, down 0.97%.

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