World stock markets gained on Tuesday amidst the Dollar’s retreat from the fresh two-decade highs touched on Monday. However, fears of a recession continue to linger.
Asian stocks finished with gains. European stocks are mostly trading in positive territory. Wall Street Futures too indicate gains on opening.
The Dollar’s surge was paused on Tuesday, causing the Dollar Index to fall from Monday’s high of 114.51 to a low of 113.34. Bond yields moved mixed. Hurricane Ian, speculations of supply cut by OPEC+ as well as the Dollar’s weakness lifted crude oil prices. Gold too rallied as the Dollar retreated. Cryptocurrencies rebounded.
Here is a snapshot of the world markets at this hour across stocks, currencies, bonds, commodities and cryptocurrencies.
Stock Indexes:
DJIA (US30) at 29,427.00, up 0.57%
S&P 500 (US500) at 3,682.30, up 0.75%
Germany’s DAX at 12,236.22, up 0.07%
U.K.’s FTSE 100 at 6,990.25, down 0.44%
France’s CAC 40 at 5,776.71, up 0.13%
Euro Stoxx 50 at 3,347.25, up 0.14%
Japan’s Nikkei 225 at 26,571.87, up 0.53%
Australia’s S&P ASX 200 at 6,496.20, up 0.41%
China’s Shanghai Composite at 3,093.86, up 1.40%
Hong Kong’s Hang Seng at 17,860.31, up 0.03%
Currencies:
EURUSD at 0.9627, up 0.22%
GBPUSD at 1.0795, up 1.04%
USDJPY at 144.40, down 0.24%
AUDUSD at 0.6484, up 0.47%
USDCAD at 1.3696, down 0.26%
Dollar Index at 113.83, down 0.24%
Ten-Year Govt Bond Yields:
U.S. at 3.848%, down 0.84%
Germany at 2.1085%, up 0.79%
France at 2.719%, up 1.12%
U.K. at 4.1305%, down 2.83%
Japan at 0.244%, down 2.40%
Commodities:
Crude Oil WTI Futures (Nov) at $77.53, up 1.07%
Brent Oil Futures (Dec) at $83.83, up 1.17%
Gold Futures (Dec) at $1,642.30, up 0.54%
Cryptocurrencies:
Bitcoin at $20,167.34, up 4.89%
Ethereum at $1,379.28, up 5.07%
BNB at $284.74, up 3.12%
XRP at $0.4783, down 0.06%
Cardano at $0.4573, up 1.97%
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