World Market Trends

World market sentiment remained largely tied to the warnings of higher interest rates by Fed Chair Jerome Powell in his testimony before the Senate Committee.

Asian stocks finished mostly on a negative note. European benchmarks are trading mostly lower. Wall Street Futures are however trading in mildly positive territory.

Dollar and the Dollar Index strengthened. Bond yields mostly hardened. Crude oil prices were subdued despite industry data that showed a drop in crude oil inventories in the U.S. Gold declined. Cryptocurrencies dropped.

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

Stock Indexes:

DJIA (US30) at 32,896.40, up 0.12%
S&P 500 (US500) at 3,993.70, up 0.18%
Germany’s DAX at 15,571.35, up 0.08%
U.K.’s FTSE 100 at 7,906.00, down 0.17%
France’s CAC 40 at 7,319.76, down 0.27%
Euro Stoxx 50 at 4,277.95, down 0.02%
Japan’s Nikkei 225 at 28,444.19, up 0.48%
Australia’s S&P ASX 200 at 7,307.80, down 0.77%
China’s Shanghai Composite at 3,283.25, down 0.06%
Hong Kong’s Hang Seng at 20,051.25, down 2.35%

Currencies:

EUR/USD at 1.0544, down 0.03%
GBP/USD at 1.1838, up 0.09%
USD/JPY at 137.59, up 0.32%
AUD/USD at 0.6605, up 0.35%
USD/CAD at 1.3756, up 0.03%
Dollar Index at 105.72, up 0.10%

Ten-Year Govt Bond Yields:

U.S. at 3.985%, up 0.26%
Germany at 2.7050%, up 0.37%
France at 3.204%, up 0.36%
U.K. at 3.8840%, up 1.68%
Japan at 0.496%, down 1.68%

Commodities:

Brent Oil Futures (May) at $83.29, down 0.00%
Crude Oil WTI Futures (April) at $77.44, down 0.18%
Gold Futures (Apr) at $1,817.35, down 0.15%

Cryptocurrencies:

Bitcoin at $22,018.79, down 1.70%
Ethereum at $1,554.71, down 0.76%
BNB at $287.10, up 0.24%
XRP at $0.3831, up 3.75%
Cardano (ADA) at $0.3242, down 1.61%

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