Markets Welcome New Month On A Mixed Note

Market sentiment remained mixed at the onset of the new month as markets reassessed the outlook on monetary policy as well as interest rates. Rebound in China’s manufacturing PMI in a private survey boosted sentiment. Anxiety ahead of ISM manufacturing PMI readings from the U.S. as well as Fed Chair Jerome Powell’s speech scheduled for Friday limited gains.

Wall Street Futures reflect mild gains. European benchmarks are trading with strong gains. Asian stocks finished trading on a mostly negative note.

Dollar Index declined amidst dollar weakness. Bond yields moved in a mixed pattern. Crude oil prices declined amidst OPEC+ opting against formally deepening production cuts. Gold gained amidst Dollar weakness. Cryptocurrencies rallied.

Here is a glimpse of the major world markets at this hour.

Stock Indexes:

DJIA (US30) at 36,022.40, up 0.20%
S&P 500 (US500) at 4,572.50, up 0.10%
Germany’s DAX at 16,302.45, up 0.54%
U.K.’s FTSE 100 at 7,507.82, up 0.73%
France’s CAC 40 at 7,337.31, up 0.36%
Euro Stoxx 50 at 4,408.15, up 0.59%
Japan’s Nikkei 225 at 33,431.51, down 0.11%
Australia’s S&P ASX 200 at 7,073.20, down 0.20%
China’s Shanghai Composite at 3,031.64, up 0.06%
Hong Kong’s Hang Seng at 16,847.00, down 1.07%


EUR/USD at 1.0897, up 0.10%
GBP/USD at 1.2654, up 0.25%
USD/JPY at 148.01, down 0.12%
AUD/USD at 0.6620, up 0.23%
USD/CAD at 1.3529, down 0.24%
Dollar Index at 103.42, down 0.08%

Ten-Year Govt Bond Yields:

U.S. at 4.335%, down 0.32%
Germany at 2.4425%, down 0.22%
France at 3.012%, down 0.30%
U.K. at 4.2445%, up 1.62%
Japan at 0.706%, up 0.21%


Brent Oil Futures (Feb) at $80.56, down 0.37%.
Crude Oil WTI Futures (Jan) at $75.77, down 0.25%.
Gold Futures (Dec) at $2,041.60, up 0.17%.


Bitcoin at $38,276.17, up 1.55%
Ethereum at $2,094.52, up 3.31%
BNB at $228.67, up 0.63%
XRP at $0.6098, up 1.09%
Solana (SOL) at $61.07, up 2.09%.

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