Strong tech earnings helped limit losses triggered by resurgent fears of a banking crisis in the U.S. Sentiment was dampened after First Republic Bank on Tuesday reported a massive depositor exodus in the first quarter, triggering a scare of a repeat of the banking crisis.
Asian stocks finished on a mixed note. European benchmarks are trading lower as recession worries dominate. Wall Street Futures are however trading in the green zone.
Dollar and the Dollar Index plunged. Bond yields moved mixed. Crude oil prices rebounded after massive losses on Tuesday. Gold gained further. Cryptocurrencies surged ahead.
Here is a snapshot of the world markets at this hour across stocks, currencies, bonds, commodities and cryptocurrencies.
Stock Indexes:
DJIA (US30) at 33,558.60, up 0.08%
S&P 500 (US500) at 4,088.30, up 0.41%
Germany’s DAX at 15,788.55, down 0.53%
U.K.’s FTSE 100 at 7,865.14, down 0.33%
France’s CAC 40 at 7,476.07, down 0.74%
Euro Stoxx 50 at 4,345.75, down 0.73%
Japan’s Nikkei 225 at 28,416.47, down 0.71%
Australia’s S&P ASX 200 at 7,316.30, down 0.08%
China’s Shanghai Composite at 3,264.10, down 0.02%
Hong Kong’s Hang Seng at 19,757.27, up 0.71%
Currencies:
EUR/USD at 1.1047, up 0.68%
GBP/USD at 1.2476, up 0.55%
USD/JPY at 133.50, down 0.16%
AUD/USD at 0.6599, down 0.40%
USD/CAD at 1.3628, up 0.02%
Dollar Index at 101.35, down 0.51%
Ten-Year Govt Bond Yields:
U.S. at 3.411%, up 0.38%
Germany at 2.3355%, down 1.79%
France at 2.909%, down 1.37%
U.K. at 3.6965%, up 0.04%
Japan at 0.455%, down 0.22%
Commodities:
Brent Oil Futures (Jul) at $80.97, up 0.46%
Crude Oil WTI Futures (Jun) at $77.58, up 0.66%
Gold Futures (Jun) at $2,008.35, up 0.19%
Cryptocurrencies:
Bitcoin at $28,734.86, up 4.85%
Ethereum at $1,876.15, up 2.93%
BNB at $338.76, up 2.67%
XRP at $0.4711, up 3.12%
Cardano (ADA) at $0.4017, up 5.47%
Source: Read Full Article