Market sentiment remained tethered to anxiety surrounding the monetary policy guidance to be unveiled by Fed Chair Jerome Powell in his speech on Wednesday. Inflation updates due from China later in the day also added to the market's nervousness.
Wall Street Futures are trading flat. European benchmarks are trading lower amidst a lower-than-expected retail sales reading for the bloc. Asian stocks mostly declined.
Dollar continued to climb ahead of a speech by Fed Chair Jerome Powell. Bond yields moved mixed amidst an uncertain monetary policy outlook. Crude oil prices traded flat amidst a huge inventory build in the U.S. Gold futures edged down. Cryptocurrencies are trading mixed.
Here is a glimpse of the major world markets at this hour.
Stock Indexes:
DJIA (US30) at 34,152.00, down 0.00% S&P 500 (US500) at 4,377.50, down 0.02% Germany's DAX at 15,099.45, down 0.35% U.K.'s FTSE 100 at 7,402.72, down 0.10% France's CAC 40 at 6,973.62, down 0.18%Euro Stoxx 50 at 4,140.55, down 0.31%Japan's Nikkei 225 at 32,166.48, down 0.26% Australia's S&P ASX 200 at 6,995.40, up 0.26% China's Shanghai Composite at 3,052.37, down 0.16%Hong Kong's Hang Seng at 17,575.00, down 0.48%
Currencies:
EUR/USD at 1.0665, down 0.32%GBP/USD at 1.2245, down 0.44%USD/JPY at 150.75, up 0.27%AUD/USD at 0.6422, down 0.20%USD/CAD at 1.3790, up 0.17% Dollar Index at 105.86, up 0.31%
Ten-Year Govt Bond Yields:
U.S. at 4.577%, up 0.13% Germany at 2.6415%, down 0.96%France at 3.235%, down 0.86%U.K. at 4.2920%, up 0.42%Japan at 0.848%, down 0.06%
Commodities:
Brent Oil Futures (Jan) at $81.69, up 0.10%.Crude Oil WTI Futures (Dec) at $77.31, down 0.08%.Gold Futures (Dec) at $1,972.45, down 0.05%.
Cryptocurrencies:
Bitcoin at $35,318.03, up 1.45%Ethereum at $1,882.06, up 0.07%BNB at $246.15, down 1.21% XRP at $0.6796, down 0.66%Solana (SOL) at $43.31, up 6.09%.
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.