Markets Muted Ahead Of Jobs Data

Markets sentiment was more or less subdued despite the fall in bond yields, as markets waited for the monthly jobs data due on Friday. The FOMC minutes due on Wednesday and the CPI readings due on Thursday also swayed sentiment.

Wall Street Futures are trading with mild losses. European benchmarks are trading mixed. Asian stocks finished with gains.

Dollar Index is hovering close to the flatline. Bond yields mostly declined as rate hike fears eased. Crude oil prices extended losses on worrying demand outlook. Gold rebounded amidst the Dollar’s weakness. Cryptocurrencies mostly declined.

Here is a snapshot of the major world markets at this hour.

Stock Indexes:

DJIA (US30) at 33,021.60, down 0.33%
S&P 500 (US500) at 4,251.00, down 0.30%
Germany’s DAX at 15,083.75, down 0.11%
U.K.’s FTSE 100 at 7,438.83, up 0.36%
France’s CAC 40 at 6,989.52, down 0.10%
Euro Stoxx 50 at 4,101.95, up 0.05%
Japan’s Nikkei 225 at 31,052.50, up 1.69%
Australia’s S&P ASX 200 at 6,925.50, up 0.51%
China’s Shanghai Composite at 3,110.48, up 0.10% (Sep 28)
Hong Kong’s Hang Seng at 17,225.00, up 0.23%

Currencies:

EUR/USD at 1.0506, up 0.03%
GBP/USD at 1.2124, down 0.04%
USD/JPY at 148.99, down 0.09%
AUD/USD at 0.6334, up 0.18%
USD/CAD at 1.3778, up 0.25%
Dollar Index at 106.75, down 0.04%

Ten-Year Govt Bond Yields:

U.S. at 4.718%, down 0.32%
Germany at 2.9270%, down 0.41%
France at 3.501%, down 0.26%
U.K. at 4.6640%, up 1.33%
Japan at 0.805%, up 0.00%

Commodities:

Brent Oil Futures (Dec) at $85.03, down 0.91%.
Crude Oil WTI Futures (Nov) at $83.36, down 1.02%.
Gold Futures (Dec) at $1,836.05, up 0.07%.

Cryptocurrencies:

Bitcoin at $27,686.27, up 0.30%
Ethereum at $1,638.97, down 0.61%
BNB at $212.51, down 0.15%
XRP at $0.5241, down 1.82%
Solana (SOL) at $23.10, down 2.28%.

Source: Read Full Article