LOGO
LOGO

Cryptocurrency News

Markets Welcome Debt Deal, Await Jobs Data To Confirm Fed Pause

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

Markets rallied as the Bill to suspend the debt limit was cleared by both the House and the Senate. Focus has shifted to the release of non-farm payrolls data for the month of May on Friday and the potential impact it could have on the Fed's pause bets.

European benchmarks recorded strong gains, buoyed by the more-than-expected industrial output in France. Wall Street Futures are trading in positive territory. Asian stocks finished trading on a positive note.

Dollar continued to retreat as debt crisis and rate hike fears faded. Bond yields mostly hardened. Crude oil prices rebounded amidst debt deal euphoria. However, gains were limited by anxiety ahead of the weekend meeting of OPEC. Gold remained firm amidst expectations of a pause by the Fed in the next review. 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 33,216.40, up 0.47%
S&P 500 (US500) at 4,241.70, up 0.49%
Germany's DAX at 16,036.45, up 1.15%
U.K.'s FTSE 100 at 7,564.32, up 0.99%
France's CAC 40 at 7,232.77, up 1.34%
Euro Stoxx 50 at 4,307.25, up 1.17%
Japan's Nikkei 225 at 31,524.22, up 1.21%
Australia's S&P ASX 200 at 7,145.10, up 0.48%
China's Shanghai Composite at 3,230.07, up 0.79%
Hong Kong's Hang Seng at 18,949.94, up 4.02%

Currencies:

EUR/USD at 1.0768, up 0.06%
GBP/USD at 1.2530, up 0.02%
USD/JPY at 138.89, up 0.07%
AUD/USD at 0.6628, up 0.87%
USD/CAD at 1.3414, down 0.26%
Dollar Index at 103.41, down 0.14%

Ten-Year Govt Bond Yields:

U.S. at 3.621%, up 0.28%
Germany at 2.2860%, up 1.60%
France at 2.841%, up 0.94%
U.K. at 4.1910%, up 1.60%
Japan at 0.409%, down 1.68%

Commodities:

Brent Oil Futures (Aug) at $75.74, up 1.97%
Crude Oil WTI Futures (Jul) at $71.50, up 2.00%
Gold Futures (Aug) at $1,996.25, up 0.04%

Cryptocurrencies:

Bitcoin at $27,161.52, up 0.89%
Ethereum at $1,892.63, up 1.63%
BNB at $307.86, up 1.09%
XRP at $0.5146, up 2.01%
Cardano (ADA) at $0.3733, up 2.81%

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update - December 22 - 26, 2025

December 26, 2025 08:42 ET
Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.