World markets rallied as Fed fears ebbed following jobs data from the U.S. that showed easing jobs growth as well as wages growth. The more than expected decline in Factory orders as well as the unexpected drop in ISM Services PMI, for the first time since May 2020, also exacerbated the Dollar’s retreat, lifting market sentiment higher.
Asian stocks finished higher. European benchmarks are trading mixed. Wall Street Futures indicate gains on opening.
The Dollar Index plunged. Bond yields mostly moved higher. Crude oil prices extended gains on optimism over China reopening. Gold edged lower with the Dollar’s decline. Cryptocurrencies rebounded emphatically.
Here is a snapshot of the world markets at this hour across stocks, currencies, bonds, commodities and cryptocurrencies.
Stock Indexes:
DJIA (US30) at 33,712.00, up 0.24%
S&P 500 (US500) at 3,907.20, up 0.31%
Germany’s DAX at 14,668.85, up 0.40%
U.K.’s FTSE 100 at 7,696.00, down 0.05%
France’s CAC 40 at 6,881.09, up 0.29%
Euro Stoxx 50 at 4,037.85, up 0.50%
Japan’s Nikkei 225 at 25,973.85, up 0.59% (January 6)
Australia’s S&P ASX 200 at 7,151.30, up 0.59%
China’s Shanghai Composite at 3,176.08, up 0.58%
Hong Kong’s Hang Seng at 21,388.34, up 1.89%
Currencies:
EURUSD at 1.0678, up 0.32%
GBPUSD at 1.2127, up 0.29%
USDJPY at 132.50, up 0.33%
AUDUSD at 0.6916, up 0.60%
USDCAD at 1.3384, down 0.44%
Dollar Index at 103.74, down 0.13%
Ten-Year Govt Bond Yields:
U.S. at 3.600%, up 0.82%
Germany at 2.2660%, up 2.58%
France at 2.776%, up 2.23%
U.K. at 3.5515%, up 2.20%
Japan at 0.498%, down 0.30%
Commodities:
Brent Oil Futures (Mar) at $81.09, up 3.21%
Crude Oil WTI Futures (Feb) at $76.33, up 3.47%
Gold Futures (Feb) at $1,877.60, up 0.42%
Cryptocurrencies:
Bitcoin at $17,281.59, up 2.01%
Ethereum at $1,322.86, up 4.69%
BNB at $279.06, up 6.71%
XRP at $0.3515, up 3.23%
Cardano (ADA) at $0.3242, up 13.80%
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