Inflation concerns aggravated ahead of the two-day long Congressional testimony by the Fed Chair Jerome Powell. Inflation in the U.K. rising to a 40-year high too dampened investor sentiment, renewing worries about inflation and inflation combat.
Asian benchmarks finished in the red. European equity markets are trading with losses. The Wall Street Futures are also in negative territory.
The Dollar Index strengthened. Bond yields eased. Crude Oil prices plunged amidst moves by the U.S. govt to cut down on fuel prices. Gold edged down. Cryptocurrencies too plunged in sync with the stock market sell off.
Here is a snapshot of the world markets at this hour across stocks, currencies, bonds, commodities and cryptocurrencies.
Stock Indexes:
DJIA (US30) at 30,106.50, down 1.39% S&P 500 (US500) at 3,702.10, down 1.67% Germany's DAX at 13,005.02, down 2.16% U.K.'s FTSE 100 at 7,067.18, down 1.19% France's CAC 40 at 5,861.73, down 1.73% Euro Stoxx 50 at 3,423.65, down 2.01% Japan's Nikkei 225 at 26,149.55, down 0.37% Australia's S&P ASX 200 at 6,508.50, down 0.23% China's Shanghai Composite at 3,267.20, down 1.20% Hong Kong's Hang Seng at 21,044.00, down 2.39%
Currencies:
EURUSD at 1.0504, down 0.20%GBPUSD at 1.2207, down 0.53%USDJPY at 136.18, down 0.31%AUDUSD at 0.6883, down 1.26%USDCAD at 1.2990, up 0.55%Dollar Index at 104.73, up 0.28%
Ten-Year Govt Bond Yields:
U.S. at 3.239%, down 2.00% Germany at 1.6910%, down 4.08%France at 2.261%, down 2.73%U.K. at 2.5830%, down 2.57%Japan at 0.234%, down 1.89%
Commodities:
Crude Oil WTI Futures (Aug) at $104.81, down 4.30%Brent Oil Futures (Aug) at $110.33, down 3.77%Gold Futures (Aug) at $1,825.90, down 0.70%
Cryptocurrencies:
Bitcoin at $20,194.26, down 4.71%Ethereum at $1,079.94, down 6.85%BNB at $212.66, down 3.72% Cardano at $0.4641, down 7.22%XRP at $0.3211, down 2.26%
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.