{"id":43974,"date":"2023-11-08T07:58:57","date_gmt":"2023-11-08T07:58:57","guid":{"rendered":"https:\/\/histarmar.net\/?p=43974"},"modified":"2023-11-08T07:58:57","modified_gmt":"2023-11-08T07:58:57","slug":"markets-brace-for-the-fed","status":"publish","type":"post","link":"https:\/\/histarmar.net\/business\/markets-brace-for-the-fed\/","title":{"rendered":"Markets Brace For The Fed"},"content":{"rendered":"
Markets wait anxiously for the outcome of the Fed decision on interest rates. Key economic data including the ISM Manufacturing PMI and the JOLTS job openings report are due from the U.S. ahead of the Fed announcement. Data released on Tuesday showed China’s Caixin Manufacturing PMI slipping to contraction. <\/p>\n
Wall Street Futures are trading on a negative note. European benchmarks mostly declined. Asian stocks mostly gained.<\/p>\n
Dollar Index rose as anxiety ahead of the Fed decision lifted the U.S. Dollar. Bond yields hardened again. Supply concerns boosted crude oil prices. Gold dithered amidst renewed Fed fears ahead of FOMC decision. Cryptocurrencies mostly gained. <\/p>\n
Here is a snapshot of the major world markets<\/span> at this hour. <\/p>\n Stock Indexes:<\/p>\n DJIA (US30) at 32,947.20, down 0.32% Currencies:<\/p>\n EUR\/USD at 1.0549, down 0.26% Ten-Year Govt Bond Yields:<\/p>\n U.S. at 4.899%, up 0.45% Commodities:<\/p>\n Brent Oil Futures (Jan) at $86.15, up 1.33%. Cryptocurrencies: <\/p>\n Bitcoin at $34,459.07, up 0.23%
S&P 500 (US500) at 4,178.40, down 0.37%
Germany’s DAX at 14,812.45, up 0.01%
U.K.’s FTSE 100 at 7,308.87, down 0.18%
France’s CAC 40 at 6,881.75, down 0.06%
Euro Stoxx 50 at 4,054.15, down 0.17%
Japan’s Nikkei 225 at 31,601.65, up 2.36%
Australia’s S&P ASX 200 at 6,838.30, up 0.85%
China’s Shanghai Composite at 3,023.08, up 0.14%
Hong Kong’s Hang Seng at 17,084.00, down 0.09% <\/p>\n
GBP\/USD at 1.2140, down 0.10%
USD\/JPY at 151.21, down 0.30%
AUD\/USD at 0.6339, up 0.05%
USD\/CAD at 1.3885, up 0.08%
Dollar Index at 106.86, up 0.19% <\/p>\n
Germany at 2.8215%, up 0.52%
France at 3.445%, up 0.45%
U.K. at 4.5975%, up 1.83%
Japan at 0.948%, down 0.84% <\/p>\n
Crude Oil WTI Futures (Dec) at $82.17, up 1.42%.
Gold Futures (Dec) at $1,992.00, down 0.12%.<\/p>\n
Ethereum at $1,803.86, up 0.17%
BNB at $224.68, down 1.10%
XRP at $0.6033, up 4.93%
Solana (SOL) at $39.59, up 7.93%. <\/p>\n