logo
  

Earnings Lifts Sentiment Amidst Inflation And Growth Concerns - Markets At This Hour

stock apr20 lt

Equity market sentiment recovered as optimism over corporate earnings helped offset the disappointment over the downgrade in growth forecast by the IMF.

Asian stocks finished mixed, triggered by a drop in the Chinese benchmarks as the Peoples Bank of China refused to ease rates further. European markets are trading higher in the backdrop of an earnings-driven sentiment boost. American stock futures indicate mild gains on opening.

The Dollar Index spiked to a 2-year high of 101.04. Bond yields eased, but remained at elevated levels. Brent crude prices ranged between $106.74 and $114.21. Gold was under pressure amidst the high bond yields and the strong Dollar. Cryptocurrencies extended gains.

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

Stock Indexes:

DJIA (US30) at 34,950.70, up 0.11%
S&P 500 (US500) at 4,463.20 up 0.02%
Germany's DAX at 14,254.61, up 0.71%
U.K.'s FTSE 100 at 7,628.20, up 0.35%
France's CAC 40 at 6,606.88, up 1.10%
Euro Stoxx 50 at 3,883.25, up 1.37%
Japan's Nikkei 225 at 27,217.85, up 0.86%
Australia's S&P ASX 200 at 7,569.20, up 0.05%
China's Shanghai Composite at 3,151.05, down 1.35%
Hong Kong's Hang Seng at 20,944.67, down 0.40%

Currencies:

EURUSD at 1.0842, up 0.52%
GBPUSD at 1.3033 up 0.28%
USDJPY at 128.31, down 0.45%
AUDUSD at 0.7434, up 0.87%
USDCAD at 1.2559, down 0.46%
Dollar Index at 100.53, down 0.42%

Ten-Year Govt Bond Yields:

U.S. at 2.898%, down 0.60%
Germany at 0.8750%, down 4.68%
France at 1.339%, down 3.95%
U.K. at 1.9335%, down 1.90%
Japan at 0.247%, down 1.79%

Commodities:

Crude Oil WTI Futures (May) at $103.22, up 1.15%
Brent Oil Futures (June) at $108.36, up 1.03%
Gold Futures (Jun) at $1,949.00, down 0.51%

Cryptocurrencies:

Bitcoin at $41,472.98, up 1.78%
Ethereum at $3,099.71, up 1.91%
BNB at $422.63, down 0.01%
XRP at $0.7639, down 0.05%
Solana at $107.57, up 5.29%

For comments and feedback contact: editorial@rttnews.com

Follow RTT