Markets Brace For The U.S.CPI Readings

World markets are waiting anxiously for the June CPI readings which is expected to surge to a fresh high, in the backdrop of fuel prices that remained elevated during the period.

Asian stock markets mostly gained. The Wall Street Futures are trading in mildly positive territory. European stocks are however trading lower despite a growth in U.K.’s GDP and a rise in industrial production in the Euro Area.

The Dollar Index retreated from recent 20-year highs. Bond yields hardened. Crude Oil prices retreated from the day’s highs after International Energy Agency lowered the oil demand growth forecasts. Gold hovered near the flatline. 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 31,059.80, up 0.25%
S&P 500 (US500) at 3,829.80, up 0.29%
Germany’s DAX at 12,803.10, down 0.79%
U.K.’s FTSE 100 at 7,163.20, down 0.65%
France’s CAC 40 at 6,015.68, down 0.47%
Euro Stoxx 50 at 3,466.25, down 0.60%
Japan’s Nikkei 225 at 26,478.77, up 0.54%
Australia’s S&P ASX 200 at 6,621.60, up 0.23%
China’s Shanghai Composite at 3,284.29, up 0.09%
Hong Kong’s Hang Seng at 20,797.95, down 0.22%

Currencies:

EURUSD at 1.0035, down 0.01%
GBPUSD at 1.1890, up 0.05%
USDJPY at 137.15, up 0.22%
AUDUSD at 0.6783, up 0.41%
USDCAD at 1.3009, down 0.09%
Dollar Index at 108.16, up 0.08%

Ten-Year Govt Bond Yields:

U.S. at 2.963%, up 0.18%
Germany at 1.1530%, up 1.77%
France at 1.675%, up 1.61%
U.K. at 2.1070%, up 2.03%
Japan at 0.231%, down 1.50%

Commodities:

Crude Oil WTI Futures (Aug) at $97.10, up 1.31%
Brent Oil Futures (Sep) at $100.85, up 1.37%
Gold Futures (Aug) at $1,725.45, up 0.04%

Cryptocurrencies:

Bitcoin at $19,817.79, up 0.28%
Ethereum at $1,072.01, up 0.37%
BNB at $226.77, up 1.65%
XRP at $0.3187, up 2.20%
Cardano at $0.429, down 0.44%

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