Earnings Boost Stocks, Cryptos Rebound Despite Firm Dollar – Markets At This Hour

Earnings releases helped restore sentiment in stock markets, haunted by a series of macroeconomic concerns. Many Asian and European stock barometers recovered in Tuesday’s trade, even as Chinese benchmarks Shanghai Composite and Shenzen Component plunged to two-year lows. American stock futures struggled for momentum are slightly below the flatline, portending losses on opening.

Fears of the pandemic’s fallout on the economic growth in China and elsewhere pushed the Dollar Index to a fresh 2-year high. Bond yields headed lower. Crude prices remain in mildly negative territory. Gold gained modestly. Cryptocurrencies rebounded despite the Dollar’s remarkable strength.

Here is a snapshot of the world markets at this hour across stocks, currencies, bonds, commodities and cryptocurrencies.

Stock Indexes:

DJIA (US30) at 33,977.90, down 0.21%
S&P 500 (US500) at 4,290.50 down 0.13%
Germany’s DAX at 14,090.43, up 1.19%
U.K.’s FTSE 100 at 7,440.60, up 0.81%
France’s CAC 40 at 6,507.44, up 0.90%
Euro Stoxx 50 at 3,799.35, up 1.11%
Japan’s Nikkei 225 at 26,700.11, up 0.41%
Australia’s S&P ASX 200 at 7,318.00, down 2.08%
China’s Shanghai Composite at 2,886.43, down 1.44%
Hong Kong’s Hang Seng at 19,934.71, up 0.33%

Currencies:

EURUSD at 1.0689, down 0.21%
GBPUSD at 1.2719 down 0.17%
USDJPY at 127.84, down 0.21%
AUDUSD at 0.7202, up 0.35%
USDCAD at 1.2739, up 0.05%
Dollar Index at 101.91, up 0.15%

Ten-Year Govt Bond Yields:

U.S. at 2.801%, down 0.93%
Germany at 0.8310%, down 1.54%
France at 1.319%, down 0.00%
U.K. at 1.8580%, up 0.98%
Japan at 0.243%, down 0.61%

Commodities:

Crude Oil WTI Futures (Jun) at $97.73, down 0.82%
Brent Oil Futures (Jul) at $101.56, down 0.59%
Gold Futures (Jun) at $1,903.20, up 0.38%

Cryptocurrencies:

Bitcoin at $40,704.93, up 5.65%
Ethereum at $3,013.54, up 7.06%
BNB at $403.75, up 4.94%
Solana at $101.42, up 6.11%
Terra at $96.42, up 7.96%

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