Stocks, Oil, Gold, Cryptos Decline Ahead Of Inflation And Earnings Updates; Bonds And Dollar Firm

Caution prevailed across asset classes as world markets brace for the next inflation readings from the U.S., due on Wednesday. The onset of the earnings season also kept markets on tenterhook.

Asian stock markets mostly declined. European stocks are trading lower. The Wall Street Futures are also trading in mildly negative territory.

The Dollar Index stayed firm near recent highs, while the Euro depreciated towards Dollar parity. Bond yields eased. Crude Oil prices slumped as recession fears and fears of fresh Covid curbs from China rattled sentiment. Gold edged down. Cryptocurrencies declined.

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

Stock Indexes:

DJIA (US30) at 31,208.40, down 0.41%
S&P 500 (US500) at 3,877.20, down 0.57%
Germany’s DAX at 12,919.30, down 0.74%
U.K.’s FTSE 100 at 7,158.25, down 0.53%
France’s CAC 40 at 5,993.26, down 0.66%
Euro Stoxx 50 at 3,486.15, down 0.58%
Japan’s Nikkei 225 at 26,812.30, up 1.11%
Australia’s S&P ASX 200 at 6,602.20, down 1.14%
China’s Shanghai Composite at 3,313.58, down 1.27%
Hong Kong’s Hang Seng at 21,124.20, down 2.77%

Currencies:

EURUSD at 1.0116, down 0.66%
GBPUSD at 1.1964, down 0.53%
USDJPY at 137.00, up 0.67%
AUDUSD at 0.6804, down 0.76%
USDCAD at 1.2990, up 0.32%
Dollar Index at 107.67, up 0.62%

Ten-Year Govt Bond Yields:

U.S. at 3.060%, down 1.33%
Germany at 1.2905%, down 3.77%
France at 1.821%, down 3.16%
U.K. at 2.2045%, down 1.36%
Japan at 0.241%, down 1.43%

Commodities:

Crude Oil WTI Futures (Aug) at $103.47, down 1.26%
Brent Oil Futures (Sep) at $106.31, down 0.66%
Gold Futures (Aug) at $1,737.65, down 0.27%

Cryptocurrencies:

Bitcoin at $20,525.60, down 3.63%
Ethereum at $1,143.24, down 3.67%
BNB at $230.47, down 2.57%
XRP at $0.3244, down 4.30%
Cardano at $0.4549, down 3.51%

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