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Market/Sector Trends

Rate Hike Fears Dampen Market Sentiment

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

The hawkish tone of the minutes of the recent FOMC swayed market sentiment across assets and regions. Markets now wait for key U.S. data on job openings and services sector PMI readings. Update on non-farm payrolls is due on Friday.

European benchmarks are trading with deep losses. Wall Street Futures are trading in negative territory. Asian stocks finished lower as political tensions too weighed on sentiment.

Dollar Index edged lower. Bond yields hardened across regions. Crude oil prices gained amidst shrinking inventory in the U.S. Gold weakened amidst rate hike expectations. Cryptocurrencies are trading mixed.

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

Stock Indexes:

DJIA (US30) at 34,136.40, down 0.44%
S&P 500 (US500) at 4,427.50, down 0.43%
Germany's DAX at 15,752.03, down 1.16%
U.K.'s FTSE 100 at 7,344.42, down 1.31%
France's CAC 40 at 7,188.90, down 1.67%
Euro Stoxx 50 at 4,287.55, down 1.45%
Japan's Nikkei 225 at 32,773.02, down 1.70%
Australia's S&P ASX 200 at 7,163.40, down 1.24%
China's Shanghai Composite at 3,205.57, down 0.54%
Hong Kong's Hang Seng at 18,533.05, down 3.02%

Currencies:

EUR/USD at 1.0863, up 0.11%
GBP/USD at 1.2734, up 0.24%
USD/JPY at 144.09, down 0.38%
AUD/USD at 0.6665, down 0.17%
USD/CAD at 1.3291, up 0.09%
Dollar Index at 103.24, down 0.13%

Ten-Year Govt Bond Yields:

U.S. at 3.978%, up 0.86%
Germany at 2.5350%, up 2.26%
France at 3.082%, up 1.99%
U.K. at 4.6360%, up 3.11%
Japan at 0.408%, up 0.49%

Commodities:

Brent Oil Futures (Sep) at $76.86, up 0.27%.
Crude Oil WTI Futures (Aug) at $72.10, up 0.43%.
Gold Futures (Aug) at $1,923.35, down 0.19%.

Cryptocurrencies:

Bitcoin at $31,087.65, up 1.22%
Ethereum at $1,941.21, up 0.88%
BNB at $242.28, up 0.22%
XRP at $0.4819, down 0.57%
Cardano (ADA) at $0.2912, down 0.46%

For comments and feedback contact: editorial@rttnews.com

Market Analysis

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.