Market sentiment continued to be strong amidst the onset of the earnings season and ahead of the CPI update from the U.S. The recent dovish hints by Fed officials aided the Dollar’s retreat as well as the easing in U.S. bond yields.<\/p>\n
Wall Street Futures are trading with gains. European benchmarks are trading on a positive note buoyed by the GDP growth readings from U.K. Asian stocks also continued to rise. <\/p>\n
The Dollar’s retreat dragged the Dollar Index lower. Bond yields eased in the U.S. but hardened in Europe. Despite a large inventory build in the U.S., crude oil climbed up amidst support from Saudi Arabia and Russia. Gold extended gains, amidst Dollar weakness and lower bond yields. Cryptocurrencies extended losses. <\/p>\n
Here is a snapshot of the major world markets<\/span> at this hour. <\/p>\n Stock Indexes:<\/p>\n DJIA (US30) at 33,930.80, up 0.37% Currencies:<\/p>\n EUR\/USD at 1.0622, up 0.05% Ten-Year Govt Bond Yields:<\/p>\n U.S. at 4.574%, down 0.46% Commodities:<\/p>\n Brent Oil Futures (Dec) at $86.92, up 1.28%. Cryptocurrencies: <\/p>\n Bitcoin at $26,741.17, down 1.87%
S&P 500 (US500) at 4,394.40, up 0.40%
Germany’s DAX at 15,558.25, up 0.64%
U.K.’s FTSE 100 at 7,682.50, up 0.82%
France’s CAC 40 at 7,168.62, up 0.52%
Euro Stoxx 50 at 4,229.75, up 0.69%
Japan’s Nikkei 225 at 32,488.50, up 1.72%
Australia’s S&P ASX 200 at 7,091.00, up 0.04%
China’s Shanghai Composite at 3,107.90, up 0.94%
Hong Kong’s Hang Seng at 18,257.00, up 1.84%<\/p>\n
GBP\/USD at 1.2300, down 0.09%
USD\/JPY at 149.09, down 0.04%
AUD\/USD at 0.6411, down 0.04%
USD\/CAD at 1.3590, down 0.01%
Dollar Index at 105.68, down 0.14% <\/p>\n
Germany at 2.7325%, up 0.53%
France at 3.284%, up 0.14%
U.K. at 4.4005%, up 1.65%
Japan at 0.751%, down 0.60% <\/p>\n
Crude Oil WTI Futures (Nov) at $84.30, up 0.97%.
Gold Futures (Dec) at $1,893.05, up 0.30%.<\/p>\n
Ethereum at $1,549.30, down 1.76%
BNB at $204.25, down 1.50%
XRP at $0.4784, down 1.86%
Solana (SOL) at $21.38, down 4.40%. <\/p>\n