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Markets Wait For U.S. CPI Amidst Hopes Of Rate Peak

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

Market focus has shifted to the CPI data from the U.S. due on Wednesday. Expectation is that both headline inflation and core inflation would slow in the month of June. Recent hints by Fed speakers have also added to hopes of the Fed rate hike cycle nearing its peak.

European benchmarks are trading mostly higher. Wall Street Futures are trading just above the flatline. Asian stocks finished on a positive note.

Dollar retreated, dragging the Dollar Index. Bond yields mostly eased. Crude oil prices recorded mild gains. Gold prices gained amidst the dollar's weakness. Cryptocurrencies are trading on a positive note.

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

Stock Indexes:

DJIA (US30) at 33,952.60, up 0.02%
S&P 500 (US500) at 4,414.30, up 0.11%
Germany's DAX at 15,718.25, up 0.29%
U.K.'s FTSE 100 at 7,259.59, down 0.20%
France's CAC 40 at 7,201.44, up 0.81%
Euro Stoxx 50 at 4,275.95, up 0.46%
Japan's Nikkei 225 at 32,203.57, up 0.04%
Australia's S&P ASX 200 at 7,108.90, up 1.50%
China's Shanghai Composite at 3,221.37, up 0.55%
Hong Kong's Hang Seng at 18,659.83, up 0.97%

Currencies:

EUR/USD at 1.1007, up 0.07%
GBP/USD at 1.2914, up 0.43%
USD/JPY at 140.44, down 0.62%
AUD/USD at 0.6673, down 0.02%
USD/CAD at 1.3268, down 0.08%
Dollar Index at 101.75, down 0.21%

Ten-Year Govt Bond Yields:

U.S. at 3.955%, down 1.27%
Germany at 2.5935%, down 1.46%
France at 3.150%, down 1.19%
U.K. at 4.6555%, up 0.33%
Japan at 0.449%, down 0.55%

Commodities:

Brent Oil Futures (Sep) at $77.83, up 0.18%.
Crude Oil WTI Futures (Aug) at $73.17, up 0.25%.
Gold Futures (Aug) at $1,941.30, up 0.53%.

Cryptocurrencies:

Bitcoin at $30,385.85, up 0.77%
Ethereum at $1,869.08, up 0.36%
BNB at $246.36, up 2.03%
XRP at $0.473, up 0.89%
Cardano (ADA) at $0.2909, up 1.86%

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

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