Markets Wait For Monetary Policy Cues From Economic Data

Anxiety about the monetary policy outlook ahead of key economic data releases dominated market sentiment on Wednesday. A slew of releases including PCE-based inflation, non-farm payrolls, unemployment and manufacturing PMI from the U.S., inflation readings from Germany, France and Euro Area, as well as the PMI readings from China are due in the coming week.

Wall Street Futures are trading with mild losses. European benchmarks are trading on a mostly negative note. Asian stock markets finished trading on a positive note.

Dollar Index has edged lower. Bond yields mostly hardened. Crude oil prices gained as supply concerns dominated following a more-than-expected decline in inventory levels in the U.S. Gold futures traded close to the flatline. Cryptocurrencies rallied following a court ruling against the SEC.

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

Stock Indexes:

DJIA (US30) at 34,820.60, down 0.09%
S&P 500 (US500) at 4,492.90, down 0.11%
Germany’s DAX at 15,873.61, down 0.36%
U.K.’s FTSE 100 at 7,487.00, up 0.29%
France’s CAC 40 at 7,344.82, down 0.39%
Euro Stoxx 50 at 4,306.55, down 0.46%
Japan’s Nikkei 225 at 32,352.50, up 0.38%
Australia’s S&P ASX 200 at 7,297.70, up 1.21%
China’s Shanghai Composite at 3,137.14, up 0.04%
Hong Kong’s Hang Seng at 18,483.50, up 0.07%


EUR/USD at 1.0887, up 0.09%
GBP/USD at 1.2659, up 0.17%
USD/JPY at 146.41, up 0.37%
AUD/USD at 0.6469, down 0.20%
USD/CAD at 1.3559, up 0.04%
Dollar Index at 103.46, down 0.07%

Ten-Year Govt Bond Yields:

U.S. at 4.158%, up 0.87%
Germany at 2.5815%, up 2.85%
France at 3.103%, up 2.27%
U.K. at 4.5085%, up 1.89%
Japan at 0.642%, down 2.21%


Brent Oil Futures (Nov) at $85.43, up 0.61%.
Crude Oil WTI Futures (Oct) at $81.73, up 0.70%.
Gold Futures (Dec) at $1,965.45, up 0.02%.


Bitcoin at $27,445.52, up 5.78%
Ethereum at $1,720.32, up 4.79%
BNB at $225.26, up 3.71%
XRP at $0.5305, up 3.15%
Cardano (ADA) at $0.2663, up 2.06%

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