Market sentiment remains tethered to fading hopes of imminent rate cuts by major central banks. Anxiety ahead of speeches by officials of Federal Reserve, Bank of England, European Central Bank as well as Reserve Bank of Australia later in the day, also dampened sentiment. Positive corporate result updates limited losses.
Data due from the U.S. is expected to show the initial jobless claims for the week ended February 3 edging down to 220 thousand, from 224 thousand in the previous week.
Wall Street Futures portend a weak opening. Major European benchmarks are trading in the green zone. Asian stocks finished trading on a mostly positive note.
The Dollar Index is trading a tad below the flatline. Bond yields hardened in most regions. Crude oil prices traded firm amidst the deadlock in Israel-Hamas peace talks. Gold prices edged lower. Cryptocurrencies rebounded emphatically.
Here is a glimpse of the major world at this hour.
Stock Indexes:
DJIA (US30) at 38,657.00, down 0.05%
S&P 500 (US500) at 4,993.80, down 0.03%
Germany's DAX at 16,949.45, up 0.16%
U.K.'s FTSE 100 at 7,644.60, up 0.21%
France's CAC 40 at 7,659.65, up 0.64%
Euro Stoxx 50 at 4,703.05, up 0.52%
Japan's Nikkei 225 at 36,863.28, up 2.09%
Australia's S&P ASX 200 at 7,639.20, up 0.31%
China's Shanghai Composite at 2,865.90, up 1.28%
Hong Kong's Hang Seng at 15,878.07, down 1.27%
Currencies:
EUR/USD at 1.0785, up 0.13%
GBP/USD at 1.2633, up 0.06%
USD/JPY at 148.80, up 0.42%
AUD/USD at 0.6509, down 0.13%
USD/CAD at 1.3464, up 0.01%
Dollar Index at 104.03, down 0.02%
Ten-Year Govt Bond Yields:
U.S. at 4.110%, up 0.24%
Germany at 2.2995%, up 2.75%
France at 2.808%, up 3.12%
U.K. at 4.0115%, up 3.50%
Japan at 0.697%, down 0.07%
Commodities:
Brent Oil Futures (Apr) at $79.37, up 0.20%.
Crude Oil WTI Futures (Mar) at $73.90, up 0.05%.
Gold Futures (Apr) at $2,050.25, down 0.07%.
Cryptocurrencies:
Bitcoin at $44,682.34, up 3.57%
Ethereum at $2,423.47, up 2.20%
BNB at $315.60, up 3.92%
Solana at $101.79, up 6.32%
XRP at $0.5166, up 2.77%.
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