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Cryptocurrency News

World Markets Wait For The Fed

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

World markets remained cautious ahead of the Fed's interest rate decision due on Wednesday. Investors weighed the prospects of Fed slowing down on its rate hikes as well as the risks of a potential overtightening.

Asian stocks finished on a mixed note. European benchmarks are trading near the flatline. Wall Street futures indicate mild gains.

Dollar retreated, dragging the Dollar Index lower. Bond yields moved mixed ahead of monetary policy update from the U.S. Crude oil prices gained amidst data that showed a slump in inventories in the U.S. The Dollar's weakness also helped the rally in crude oil and gold. Cryptocurrencies declined.

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

Stock Indexes:

DJIA (US30) at 32,656.80, up 0.01%
S&P 500 (US500) at 3,858.40, up 0.06%
Germany's DAX at 13,322.86, down 0.12%
U.K.'s FTSE 100 at 7,179.50, down 0.09%
France's CAC 40 at 6,340.55, up 0.19%
Euro Stoxx 50 at 3,653.55, up 0.07%
Japan's Nikkei 225 at 27,663.39, down 0.06%
Australia's S&P ASX 200 at 6,986.70, up 0.14%
China's Shanghai Composite at 3,003.37, up 1.15%
Hong Kong's Hang Seng at 15,827.17, up 2.41%

Currencies:

EURUSD at 0.9894, up 0.20%
GBPUSD at 1.1492, up 0.08%
USDJPY at 147.10, down 0.80%
AUDUSD at 0.6429, up 0.53%
USDCAD at 1.3595, down 0.25%
Dollar Index at 111.29, down 0.17%

Ten-Year Govt Bond Yields:

U.S. at 4.040%, down 0.29%
Germany at 2.1380%, up 0.61%
France at 2.683%, up 0.49%
U.K. at 3.4890%, up 0.72%
Japan at 0.246%, down 1.60%

Commodities:

Crude Oil WTI Futures (Dec) at $88.61, up 0.27%
Brent Oil Futures (Jan) at $94.92, up 0.29%
Gold Futures (Dec) at $1,659.00, up 0.56%

Cryptocurrencies:

Bitcoin at $20,475.60, down 0.49%
Ethereum at $1,567.28, down 1.40%
BNB at $320.80, down 1.81%
XRP at $0.4568, down 0.91%
Dogecoin at $0.1373, down 11.13%

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update - May 04 – May 08, 2026

May 08, 2026 15:50 ET
Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.

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