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Markets Brace For Inflation, GDP Updates

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

Sentiment remains weak across world markets ahead of CPI updates for September from Europe and PCE-based inflation readings for August from the U.S. Final second-quarter GDP readings from the U.S are due later in the day. Fears of a looming federal shutdown also weighed on sentiment.

Wall Street Futures are trading with losses amidst a renewed surge in bond yields. Most European benchmarks are trading in the red zone amidst anxiety ahead of inflation updates from the region. Asian stocks traded mostly lower.

Dollar Index eased slightly after rising above the previous close. Bond yields hardened across most regions. Crude oil prices remain firm amidst a larger-than-expected decline in inventory levels in the U.S. Gold prices attempted a rebound amidst the Dollar's slight weakness. Cryptocurrencies are trading mostly higher.

Here is a snapshot of the major world markets at this hour.

Stock Indexes:

DJIA (US30) at 33,487.90, down 0.19%
S&P 500 (US500) at 4,267.00, down 0.18%
Germany's DAX at 15,150.45, down 0.44%
U.K.'s FTSE 100 at 7,530.78, down 0.82%
France's CAC 40 at 7,050.04, down 0.31%
Euro Stoxx 50 at 4,110.65, down 0.51%
Japan's Nikkei 225 at 31,851.00, down 1.48%
Australia's S&P ASX 200 at 7,024.80, down 0.08%
China's Shanghai Composite at 3,110.48, up 0.10%
Hong Kong's Hang Seng at 17,351.00, down 1.15%

Currencies:

EUR/USD at 1.0516, up 0.16%
GBP/USD at 1.2174, up 0.33%
USD/JPY at 149.38, down 0.16%
AUD/USD at 0.6376, up 0.38%
USD/CAD at 1.3500, up 0.03%
Dollar Index at 106.55, down 0.11%

Ten-Year Govt Bond Yields:

U.S. at 4.644%, up 0.28%
Germany at 2.9140%, up 2.90%
France at 3.484%, up 2.55%
U.K. at 4.5185%, up 3.64%
Japan at 0.745%, down 1.46%

Commodities:

Brent Oil Futures (Dec) at $94.39, up 0.03%.
Crude Oil WTI Futures (Nov) at $93.81, up 0.14%.
Gold Futures (Dec) at $1,891.10, up 0.01%.

Cryptocurrencies:

Bitcoin at $26,394.04, up 0.58%
Ethereum at $1,617.20, up 1.61%
BNB at $212.97, up 0.13%
XRP at $0.4989, up 0.16%
Cardano (ADA) at $0.2448, up 0.11%.

For comments and feedback contact: editorial@rttnews.com

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.

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