{"id":44088,"date":"2023-11-22T09:59:01","date_gmt":"2023-11-22T09:59:01","guid":{"rendered":"https:\/\/lethal-industry.com\/?p=44088"},"modified":"2023-11-22T09:59:01","modified_gmt":"2023-11-22T09:59:01","slug":"markets-cheer-the-cooling-in-inflation","status":"publish","type":"post","link":"https:\/\/lethal-industry.com\/business\/markets-cheer-the-cooling-in-inflation\/","title":{"rendered":"Markets Cheer The Cooling In Inflation"},"content":{"rendered":"
Relief at the more-than-expected decline in inflation in the U.S. as well as U.K. triggered relief rallies across asset classes. Data from China that revealed a more-than-expected uptick in industrial production as well as retail sales also added to the positive sentiment.<\/p>\n
Wall Street Futures portend strong gains. European benchmarks are trading higher amidst data showing easing inflation in the U.S. as well as U.K. Asian stocks finished trading on an upbeat note. <\/p>\n
Dollar rebounded from Tuesday’s lows. Bond yields are moving in a mixed pattern. Crude oil prices declined amidst uncertainty over the demand and supply outlook as well as data showing rising inventories in the U.S. Gold rallied amidst the lower inflation readings. Cryptocurrencies mostly declined. <\/p>\n
Here is a glimpse of the major world markets<\/span> at this hour.<\/p>\n Stock Indexes:<\/p>\n DJIA (US30) at 34,827.70, up 1.43% Currencies:<\/p>\n EUR\/USD at 1.0852, down 0.25% Ten-Year Govt Bond Yields:<\/p>\n U.S. at 4.460%, up 0.40% Commodities:<\/p>\n Brent Oil Futures (Jan) at $82.11, down 0.44%. Cryptocurrencies: <\/p>\n Bitcoin at $35,801.31, down 1.90%
S&P 500 (US500) at 4,495.70, up 1.91%
Germany’s DAX at 15,684.85, up 0.45%
U.K.’s FTSE 100 at 7,497.90, up 0.77%
France’s CAC 40 at 7,214.03, up 0.39%
Euro Stoxx 50 at 4,311.85, up 0.47%
Japan’s Nikkei 225 at 33,519.70, up 2.51%
Australia’s S&P ASX 200 at 7,105.90, up 1.42%
China’s Shanghai Composite at 3,072.83, up 0.55%
Hong Kong’s Hang Seng at 18,071.00, up 3.71% <\/p>\n
GBP\/USD at 1.2462, down 0.28%
USD\/JPY at 150.41, up 0.02%
AUD\/USD at 0.6506, down 0.00%
USD\/CAD at 1.3700, up 0.05%
Dollar Index at 104.24, up 0.18% <\/p>\n
Germany at 2.5860%, down 0.58%
France at 3.144%, down 0.54%
U.K. at 4.2035%, up 1.14%
Japan at 0.798%, down 0.25% <\/p>\n
Crude Oil WTI Futures (Dec) at $77.80, down 0.59%.
Gold Futures (Dec) at $1,975.85, up 0.48%. <\/p>\n
Ethereum at $1,986.77, down 2.99%
BNB at $245.21, down 0.07%
XRP at $0.633, down 3.50%
Solana (SOL) at $59.19, up 9.07%. <\/p>\n