Mixed Market Sentiment As Markets Wait For U.S. CPI

Amidst relief following better-than-expected producer price inflation readings from the U.S., markets are waiting anxiously for the consumer price inflation data to be released on Wednesday morning. M...


Amidst relief following better-than-expected producer price inflation readings from the U.S., markets are waiting anxiously for the consumer price inflation data to be released on Wednesday morning. Meanwhile, market expectations of a Fed rate cut in September remains strong.

Wall Street Futures have edged down. European benchmarks are trading in the green zone. Asian stock indexes finished trading on a mixed note.

Dollar Index edged down. Bond yields are trading in a mixed fashion. Crude oil prices declined as demand concerns weighed on market sentiment. Gold rallied to levels close to the previous peak. Top-ranked cryptocurrencies are trading on a positive note.

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

Stock Indexes:

DJIA (US30) at 39,761.00, down 0.01%
S&P 500 (US500) at 5,433.60, down 0.02%
Germany’s DAX at 17,872.65, up 0.37%
U.K.’s FTSE 100 at 8,254.19, up 0.23%
France’s CAC 40 at 7,297.31, up 0.29%
Euro Stoxx 50 at 4,709.95, up 0.32%
Japan’s Nikkei 225 at 36,427.50, up 0.54%
Australia’s S&P ASX 200 at 7,850.70, up 0.31%
China’s Shanghai Composite at 2,850.65, down 0.60%
Hong Kong’s Hang Seng at 17,113.36, down 0.35%

Currencies:

EUR/USD at 1.1021, up 0.27%
GBP/USD at 1.2845, down 0.10%
USD/JPY at 146.97, up 0.10%
AUD/USD at 0.6627, down 0.05%
USD/CAD at 1.3708, up 0.03%
Dollar Index at 102.45, down 0.11%

Ten-Year Govt Bond Yields:

U.S. at 3.836%, down 0.55%
Germany at 2.196%, up 0.69%
France at 2.937%, up 0.72%
U.K. at 3.8805%, down 0.27%
Japan at 0.825%, up 1.35%

Commodities:

Brent Oil Futures (Oct) at $80.50, down 0.24%.
Crude Oil WTI Futures (Sep) at $78.08, down 0.34%.
Gold Futures (Dec) at $2,514.60, up 0.27%.

Cryptocurrencies:

Bitcoin at $61,286.39, up 4.31%
Ethereum at $2,735.92, up 3.86%
BNB at $528.57, up 1.51%
Solana at $146.96, up 1.51%
XRP at $0.58, up 0.85%.

ABOUT THE AUTHOR See More
RTT Staff Writer

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