{"id":195861,"date":"2023-11-14T09:39:29","date_gmt":"2023-11-14T09:39:29","guid":{"rendered":"https:\/\/tokenstalk.info\/?p=195861"},"modified":"2023-11-14T09:39:29","modified_gmt":"2023-11-14T09:39:29","slug":"markets-wary-of-feds-rate-trajectory","status":"publish","type":"post","link":"https:\/\/tokenstalk.info\/business\/markets-wary-of-feds-rate-trajectory\/","title":{"rendered":"Markets Wary Of Fed's Rate Trajectory"},"content":{"rendered":"
Uncertainty over a peak in the Fed’s interest rates spoiled sentiment as markets<\/span> speculated on whether it was yet time to rule out further rate hikes by the Fed. The easing in bond yields also added to the confusion as a recent spike in bond yields had to an extend obviated the need for further rate hikes by the Fed. The not-so-dovish Fed rhetoric and anxiety ahead of the speech by Chair Jerome Powell as well as the latest earnings updates also swayed sentiment across markets. <\/p>\n Wall Street Futures are trading in mildly negative territory. European benchmarks are moving mostly lower. Asian stocks slipped.<\/p>\n Dollar gained ahead of a speech by Fed Chair Jerome Powell. Bond yields eased across regions and tenors. Crude oil prices declined amidst not-so-encouraging trade data from China. Gold futures declined amidst the Dollar’s strength. Cryptocurrencies are trading mixed. <\/p>\n Here is a glimpse of the major world markets at this hour. <\/p>\n Stock Indexes:<\/p>\n DJIA (US30) at 34,039.40, down 0.17% Currencies:<\/p>\n EUR\/USD at 1.0696, down 0.18% Ten-Year Govt Bond Yields:<\/p>\n U.S. at 4.593%, down 1.56% Commodities:<\/p>\n Brent Oil Futures (Jan) at $83.40, down 2.09%. Cryptocurrencies: <\/p>\n Bitcoin at $34,695.16, down 1.43%
S&P 500 (US500) at 4,357.90, down 0.19%
Germany’s DAX at 15,114.05, down 0.14%
U.K.’s FTSE 100 at 7,425.61, up 0.11%
France’s CAC 40 at 6,987.56, down 0.37%
Euro Stoxx 50 at 4,149.95, down 0.21%
Japan’s Nikkei 225 at 32,271.82, down 1.37%
Australia’s S&P ASX 200 at 6,977.10, down 0.29%
China’s Shanghai Composite at 3,057.27, down 0.04%
Hong Kong’s Hang Seng at 17,660.00, down 1.70% <\/p>\n
GBP\/USD at 1.2312, down 0.23%
USD\/JPY at 150.31, up 0.16%
AUD\/USD at 0.6429, down 0.91%
USD\/CAD at 1.3744, up 0.35%
Dollar Index at 105.55, up 0.31% <\/p>\n
Germany at 2.6880%, down 1.83%
France at 3.281%, down 1.72%
U.K. at 4.3365%, down 0.97%
Japan at 0.876%, down 0.57% <\/p>\n
Crude Oil WTI Futures (Dec) at $79.19, down 2.02%.
Gold Futures (Dec) at $1,972.75, down 0.80%. <\/p>\n
Ethereum at $1,876.76, down 0.99%
BNB at $248.41, up 1.58%
XRP at $0.6834, down 1.53%
Solana (SOL) at $40.75, up 0.47%. <\/p>\n