World market sentiment dropped drastically post the release of the CPI readings from the U.S. The surge in headline inflation to a 40-year high of 9.1 percent and the less than expected dip in core CPI to 5.9 percent rattled investor mood, igniting fresh worries of jumbo rate hikes by the Fed.
Asian stock markets moved mixed. The Wall Street Futures are trading in negative territory. European stocks are also trading significantly lower.
The Dollar Index surged to fresh 20-year highs. Bond yields hardened across tenors and geographies. Crude Oil prices dropped. Gold prices plunged. Cryptocurrencies mostly recovered.
Here is a snapshot of the world markets at this hour across stocks, currencies, bonds, commodities and cryptocurrencies.
Stock Indexes:
DJIA (US30) at 30,613.00, down 0.52%
S&P 500 (US500) at 3,777.00, down 0.65%
Germany’s DAX at 12,733.70, down 0.18%
U.K.’s FTSE 100 at 7,124.40, down 0.45%
France’s CAC 40 at 5,965.92, down 0.57%
Euro Stoxx 50 at 3,438.55, down 0.45%
Japan’s Nikkei 225 at 26,643.39, up 0.62%
Australia’s S&P ASX 200 at 6,650.60, up 0.44%
China’s Shanghai Composite at 3,281.74, down 0.08%
Hong Kong’s Hang Seng at 20,694.50, down 0.50%
Currencies:
EURUSD at 1.0038, down 0.22%
GBPUSD at 1.1866, down 0.20%
USDJPY at 139.18, up 1.28%
AUDUSD at 0.6770, up 0.16%
USDCAD at 1.3020, up 0.38%
Dollar Index at 108.37, up 0.38%
Ten-Year Govt Bond Yields:
U.S. at 2.984%, up 2.67%
Germany at 1.2240%, up 6.62%
France at 1.750%, up 5.17%
U.K. at 2.1325%, up 3.52%
Japan at 0.231%, down 1.50%
Commodities:
Crude Oil WTI Futures (Aug) at $95.67, down 0.65%
Brent Oil Futures (Sep) at $99.07, down 0.50%
Gold Futures (Aug) at $1,716.30, down 1.11%
Cryptocurrencies:
Bitcoin at $19,959.79, up 1.19%
Ethereum at $1,096.25, up 2.59%
BNB at $230.42, up 2.08%
XRP at $0.32, up 0.73%
Cardano at $0.4276, up 0.02%
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