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Recession Fears Drag Down Oil, Commodity Prices; Stocks Move Mixed

stock apr14 23jun22 lt

Recession fears dominated investor sentiment amidst the Fed Chair Jerome Powell reiterating the Fed's commitment to taming inflation. Asian benchmarks finished trading session with gains. European equity markets are trading with losses amidst a decline in commodity prices and a drop in factory output. The Wall Street Futures are trading close to the flatline.

The Dollar Index strengthened. Bond yields continued to ease. Recession fears dragged down oil prices. Gold edged down. Cryptocurrencies rebounded.

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

Stock Indexes:

DJIA (US30) at 30,457.5, down 0.08%
S&P 500 (US500) at 3,763.8, up 0.10%
Germany's DAX at 13,032.71, down 0.85%
U.K.'s FTSE 100 at 7,059.30, down 0.42%
France's CAC 40 at 5,889.52, down 0.46%
Euro Stoxx 50 at 3,443.25, down 0.62%
Japan's Nikkei 225 at 26,171.25, up 0.08%
Australia's S&P ASX 200 at 6,528.40, up 0.31%
China's Shanghai Composite at 3,320.15, up 1.62%
Hong Kong's Hang Seng at 21,273.87, up 1.26%

Currencies:

EURUSD at 1.0501, down 0.61%
GBPUSD at 1.2207, down 0.48%
USDJPY at 135.33, down 0.68%
AUDUSD at 0.6882, down 0.64%
USDCAD at 1.2975, up 0.23%
Dollar Index at 104.70, up 0.48%

Ten-Year Govt Bond Yields:

U.S. at 3.102%, down 1.71%
Germany at 1.4500%, down 10.71%
France at 2.002%, down 7.55%
U.K. at 2.4065%, down 3.62%
Japan at 0.227%, down 3.40%

Commodities:

Crude Oil WTI Futures (Aug) at $103.58, down 2.46%
Brent Oil Futures (Aug) at $109.25, down 2.23%
Gold Futures (Aug) at $1,834.80, down 0.20%

Cryptocurrencies:

Bitcoin at $20,499.17, up 1.72%
Ethereum at $1,094.13, up 1.70%
BNB at $222.33, up 4.70%
Cardano at $0.4707, up 1.68%
XRP at $0.3272, up 1.86%

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