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ECB's Rate Hike Hints, Snapchat's Profit Warnings Hit Market Sentiment

By Avila Sebastian   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Hawkish comments from the ECB and Snapchat's warnings on future earnings as well as revenue influenced equity market sentiments in Tuesday's trade. Caution also prevailed ahead of the release of the FOMC minutes on Wednesday.

Asian and European equity markets plunged. Wall Street Futures too are trading in the red zone. The Dollar Index retreated further. Bond yields eased across regions. Crude prices edged down as potential oil demand and likely supply concerns did not suffice to revive sentiment. Gold rose modestly as the Dollar retreated further. Cryptocurrencies plunged again.

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

Stock Indexes:

DJIA (US30) at 31,591.10, down 0.91%
S&P 500 (US500) at 3,921.00, down 1.33%
Germany's DAX at 14,038.63, down 0.96%
U.K.'s FTSE 100 at 7,489.20, down 0.32%
France's CAC 40 at 6,279.74, down 1.24%
Euro Stoxx 50 at 3,664.85, down 1.17%
Japan's Nikkei 225 at 26,748.14, down 0.94%
Australia's S&P ASX 200 at 7,128.80, down 0.28%
China's Shanghai Composite at 3,070.93, down 2.41%
Hong Kong's Hang Seng at 20,112.10, down 1.75%

Currencies:

EURUSD at 1.0717, up 0.26%
GBPUSD at 1.2502 down 0.69%
USDJPY at 127.24, down 0.50%
AUDUSD at 0.7077, down 0.41%
USDCAD at 1.2799, up 0.27%
Dollar Index at 101.95, down 0.12%

Ten-Year Govt Bond Yields:

U.S. at 2.808%, down 1.78%
Germany at 0.9905%, down 3.18%
France at 1.520%, down 1.49%
U.K. at 1.9045%, down 3.37%
Japan at 0.225%, down 2.17%

Commodities:

Crude Oil WTI Futures (Jul) at $110.08, down 0.19%
Brent Oil Futures (Aug) at $110.45, down 0.30%
Gold Futures (Jun) at $1,857.00, up 0.50%

Cryptocurrencies:

Bitcoin at $29,282.24, down 3.39%
Ethereum at $1,966.13, down 4.25%
BNB at $320.29, down 1.98%
XRP at $0.4074, down 3.30%
Cardano at $0.5131, down 6.23%

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.