LOGO
LOGO

TODAY'S TOP STORIES

Markets Recede On Recession Fears

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

Renewed fears of recession derailing the economy dampened market sentiment across regions and asset classes. Investor sentiment was spooked following warnings from chiefs of major investment banks about the U.S slipping into recession in 2023 and the likely spillover effects.

Asian stocks finished trading with losses. European benchmarks are also trading mostly lower. Wall Street Futures have also edged lower.

Dollar Index hovered close to the flatline. Bond yields moved mixed. Crude oil prices dropped as economic uncertainty overshadowed supply concerns. Gold gained mildly. Cryptocurrencies mostly traded in negative territory.

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

Stock Indexes:

DJIA (US30) at 33,550.80, down 0.14%
S&P 500 (US500) at 3,932.10, down 0.23%
Germany's DAX at 14,265.75, down 0.54%
U.K.'s FTSE 100 at 7,506.95, down 0.19%
France's CAC 40 at 6,651.37, down 0.54%
Euro Stoxx 50 at 3,918.25, down 0.53%
Japan's Nikkei 225 at 27,686.40, down 0.72%
Australia's S&P ASX 200 at 7,229.40, down 0.85%
China's Shanghai Composite at 3,199.62, down 0.40%
Hong Kong's Hang Seng at 18,814.82, down 3.22%

Currencies:

EURUSD at 1.0491, up 0.21%
GBPUSD at 1.2153, up 0.13%
USDJPY at 137.52, up 0.35%
AUDUSD at 0.6673, down 0.28%
USDCAD at 1.3690, up 0.29%
Dollar Index at 105.50, down 0.07%

Ten-Year Govt Bond Yields:

U.S. at 3.531%, up 0.52%
Germany at 1.7905%, down 0.47%
France at 2.253%, up 0.07%
U.K. at 3.1170%, up 1.17%
Japan at 0.245%, down 2.00%

Commodities:

Brent Oil Futures (Feb) at $78.58, down 0.97%
Crude Oil WTI Futures (Jan) at $73.52, down 0.98%
Gold Futures (Feb) at $1,784.60, up 0.12%

Cryptocurrencies:

Bitcoin at $16,825.00, down 0.97%
Ethereum at $1,229.73, down 2.23%
BNB at $283.79, down 1.61%
XRP at $0.3797, down 1.07%
Dogecoin (DOGE) at $0.09613, down 4.29%

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update: May 11 – May 15, 2026

May 15, 2026 15:25 ET
Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.

Latest Updates on COVID-19