Markets Brace For Interest Rate Decisions

By Avila Sebastian   ✉   | Published:

Sentiment remained broadly positive as weighed upbeat corporate earnings updates against monetary policy worries. Review by the Federal Reserve is due on Wednesday and by the European Central Bank on Thursday. Markets meanwhile continue to hope for more stimulus measures from China.

European benchmarks are trading mostly higher. Wall Street Futures are trading with mild gains. Asian stocks finished trading on a mostly positive note.

Dollar Index rose with the U.S. dollar's strength. Bond yields hardened ahead of reviews by major central banks. Crude oil prices edged up amidst tight supply. Gold prices declined with the Dollar's strength. Cryptocurrencies are trading mixed.

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

Stock Indexes:

DJIA (US30) at 35,444.00, up 0.09%
S&P 500 (US500) at 4,561.00, up 0.14%
Germany's DAX at 16,198.37, up 0.05%
U.K.'s FTSE 100 at 7,686.07, up 0.10%
France's CAC 40 at 7,440.54, up 0.18%
Euro Stoxx 50 at 4,394.35, up 0.26%
Japan's Nikkei 225 at 32,649.50, down 0.13%
Australia's S&P ASX 200 at 7,339.70, up 0.46%
China's Shanghai Composite at 3,231.52, up 2.13%
Hong Kong's Hang Seng at 19,454.00, up 4.33%

Currencies:

EUR/USD at 1.1044, down 0.16%
GBP/USD at 1.2833, up 0.01%
USD/JPY at 141.51, up 0.05%
AUD/USD at 0.6765, up 0.38%
USD/CAD at 1.3178, up 0.09%
Dollar Index at 101.46, up 0.12%

Ten-Year Govt Bond Yields:

U.S. at 3.902%, up 1.17%
Germany at 2.4145%, up 1.07%
France at 2.968%, up 0.71%
U.K. at 4.3175%, up 1.45%
Japan at 0.461%, up 0.00%

Commodities:

Brent Oil Futures (Oct) at $82.56, up 0.10%.
Crude Oil WTI Futures (Sep) at $78.87, up 0.17%.
Gold Futures (Aug) at $1,959.55, down 0.14%.

Cryptocurrencies:

Bitcoin at $29,170.15, down 0.55%
Ethereum at $1,854.89, up 0.23%
BNB at $237.91, down 0.44%
XRP at $0.6901, down 1.11%
Dogecoin (DOGE) at $0.0777, up 4.28%

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Biotechnology company Biogen, Inc. (BIIB) reported Tuesday that net income attributable to the company for the second quarter plunged to $591.6 million or $4.07 per share from $1.06 billion or $7.24 per share in the prior-year quarter. Excluding items, adjusted earnings for the quarter were $4.02... While reporting financial results for the second quarter on Tuesday, automaker General Motors Co. (GM) raised its full-year 2023 guidance for net income attributable to stockholders to a range of $9.3 billion to $10.7 billion from the prior forecast range of $8.4 billion to $9.9 billion. EBIT-adjusted... Chip giant Taiwan Semiconductor Manufacturing Co Ltd. or TSMC has delayed its plan to initiate production at its factory in Arizona State, citing a shortage of skilled workers. The chip production, which was expected to start in 2024, has now been pushed to 2025. TSMC's planned fab in Arizona started construction in April 2021 with an aggressive schedule for mass production of chips