World Market Trends

Business

Sentiment remained muted across markets in thin trading ahead of the holiday season. The resurgence in Covid pandemic in China and concerns over supply of crude oil from Russia dominated market sentiment, ahead of release of PCE readings from the U.S.

Asian stocks finished mostly lower. European benchmarks are trading mixed. Wall Street Futures indicate a weak opening.

The Dollar Index edged lower after two successive sessions of gains. Bond yields hardened across regions and tenors. Crude oil prices gained amidst fears of a drop in supply of Russian crude oil. Gold gained more than half a percent. Cryptocurrencies hovered near the flatline.

Here is a snapshot of the world markets at this hour across stocks, currencies, bonds, commodities and cryptocurrencies.

Stock Indexes:

DJIA (US30) at 33,052.60, up 0.08%
S&P 500 (US500) at 3,821.00, down 0.04%
Germany’s DAX at 13,925.15, up 0.08%
U.K.’s FTSE 100 at 7,470.21, up 0.01%
France’s CAC 40 at 6,516.92, down 0.02%
Euro Stoxx 50 at 3,822.05, down 0.03%
Japan’s Nikkei 225 at 26,235.25, down 1.03%
Australia’s S&P ASX 200 at 7,107.70, down 0.63%
China’s Shanghai Composite at 3,045.87, down 0.28%
Hong Kong’s Hang Seng at 19,593.06, down 0.44%

Currencies:

EURUSD at 1.0599, up 0.06%
GBPUSD at 1.2056, up 0.11%
USDJPY at 132.67, up 0.25%
AUDUSD at 0.6692, up 0.39%
USDCAD at 1.3610, down 0.26%
Dollar Index at 104.33, down 0.09%

Ten-Year Govt Bond Yields:

U.S. at 3.691%, up 0.55%
Germany at 2.3780%, up 0.55%
France at 2.916%, up 0.38%
U.K. at 3.6705%, up 2.21%
Japan at 0.374%, down 2.09%

Commodities:

Brent Oil Futures (Feb) at $82.55, up 1.94%
Crude Oil WTI Futures (Feb) at $78.55, up 1.37%
Gold Futures (Feb) at $1,805.05, up 0.54%

Cryptocurrencies:

Bitcoin at $16,843.28, down 0.00%
Ethereum at $1,219.52, up 0.30%
BNB at $246.03, down 0.11%
XRP at $0.3498, up 1.36%
Dogecoin (DOGE) at $0.07776, up 5.36%

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