World Markets Digest The Fed's Hawkish Stance

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World markets retreated in response to the Fed's hawkish stance that accompanied the as-expected 75 basis points rate hike. The Fed also warned that interest rates would be higher going forward, even if the pace of the hikes were to become slower.

Asian stocks finished lower. European benchmarks are trading below Wednesday's levels. Wall Street futures also portend losses on opening.

Dollar strengthened, lifting the Dollar Index higher. Bond yields moved higher. Crude oil and gold prices slumped amidst the Dollar's strength. Cryptocurrencies remained muted.

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

Stock Indexes:

DJIA (US30) at 32,101.50, down 0.14%
S&P 500 (US500) at 3,750.20, down 0.25%
Germany's DAX at 13,154.33, down 0.77%
U.K.'s FTSE 100 at 7,114.49, down 0.42%
France's CAC 40 at 6,238.90, down 0.61%
Euro Stoxx 50 at 3,591.95, down 0.83%
Japan's Nikkei 225 at 27,663.39, down 0.06% (Nov, 2)
Australia's S&P ASX 200 at 6,857.90, down 1.84%
China's Shanghai Composite at 2,997.81, down 0.19%
Hong Kong's Hang Seng at 15,339.49, down 3.08%

Currencies:

EURUSD at 0.9756, down 0.62%
GBPUSD at 1.1268, down 1.06%
USDJPY at 148.25, up 0.24%
AUDUSD at 0.6297, down 0.82%
USDCAD at 1.3758, up 0.35%
Dollar Index at 112.82, up 1.32%

Ten-Year Govt Bond Yields:

U.S. at 4.176%, up 2.84%
Germany at 2.2375%, up 4.61%
France at 2.776%, up 3.50%
U.K. at 3.5045%, up 3.10%
Japan at 0.246%, down 1.60%

Commodities:

Crude Oil WTI Futures (Dec) at $88.73, down 1.41%
Brent Oil Futures (Jan) at $95.11, down 1.09%
Gold Futures (Dec) at $1,623.85, down 1.58%

Cryptocurrencies:

Bitcoin at $20,302.37, down 0.82%
Ethereum at $1,550.24, down 1.14%
BNB at $335.45, up 4.56%
XRP at $0.4561, down 0.21%
Dogecoin at $0.1321, down 4.09%

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