World Markets After The Fed’s Fresh Rate Hike
The Fed hiked interest rates again, albeit in line with expectations, while the Bank of England’s decision would be known soon.
Geopolitical risks continued to drive commodity prices higher. Fed’s actions and the demand for safe haven currency lifted the Dollar and the Dollar Index touched a fresh twenty-year high of 111.81. Bonds, however traded mixed.
Asian stocks finished with deep losses. European stocks are also trading in negative territory. Wall Street Futures are however trading in mildly positive territory. Cryptocurrencies moved mixed.
Here is a snapshot of the world markets at this hour across stocks, currencies, bonds, commodities and cryptocurrencies.
Stock Indexes:
DJIA (US30) at 30,250.50, up 0.22%
S&P 500 (US500) at 3,795.10, up 0.14%
Germany’s DAX at 12,701.16, down 0.52%
U.K.’s FTSE 100 at 7,219.40, down 0.25%
France’s CAC 40 at 5,996.15, down 0.58%
Euro Stoxx 50 at 3,472.55, down 0.55%
Japan’s Nikkei 225 at 27,153.83, down 0.58%
Australia’s S&P ASX 200 at 6,700.20, down 1.56% (Sep, 21)
China’s Shanghai Composite at 3,108.91, down 0.27%
Hong Kong’s Hang Seng at 18,147.95, down 1.61%
Currencies:
EURUSD at 0.9879, up 0.43%
GBPUSD at 1.1322, up 0.50%
USDJPY at 142.13, down 1.32%
AUDUSD at 0.6648, up 0.31%
USDCAD at 1.3449, down 0.11%
Dollar Index at 110.83, up 0.17%
Ten-Year Govt Bond Yields:
U.S. at 3.524%, up 0.35%
Germany at 1.8460%, down 2.33%
France at 2.395%, down 2%
U.K. at 3.3030%, down 0.33%
Japan at 0.238%, up 1.28%
Commodities:
Crude Oil WTI Futures (Oct) at $84.09, up 1.39%
Brent Oil Futures (Nov) at $90.91, up 1.20%
Gold Futures (Dec) at $1,678.00, up 0.14%
Cryptocurrencies:
Bitcoin at $18,835.94, down 0.25%
Ethereum at $1,272.67, down 4.03%
BNB at $266.44, up 0.38%
XRP at $0.4215, up 6.67%
Cardano at $0.445, up 0.04%
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