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US Market Updates

Market Sentiment Marred By Rate Cut Uncertainty

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

Market sentiment was dampened by uncertainty about the timing and extent of rate cuts by the Fed amidst some Fed officials pushing back against early rate cut expectations. Anxiety ahead of Bank of Japan's interest rate decision to be announced late on Monday also swayed sentiment.

Wall Street Futures reflect mild gains. European benchmarks are trading mostly lower. Asian stocks finished trading on a negative note.

Dollar Index is trading flat. Bond yields are moving mixed. Crude oil prices increased amidst negative sentiment triggered by attacks on commercial vessels in the Red Sea. Russia's hints of oil export cuts also weighed. Gold prices are trading close to the flatline. Cryptocurrencies declined.

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

Stock Indexes:

DJIA (US30) at 37,337.50, up 0.09%
S&P 500 (US500) at 4,722.40, up 0.07%
Germany's DAX at 16,699.50, down 0.31%
U.K.'s FTSE 100 at 7,624.99, up 0.64%
France's CAC 40 at 7,574.51, down 0.29%
Euro Stoxx 50 at 4,533.25, down 0.36%
Japan's Nikkei 225 at 32,758.98, down 0.64%
Australia's S&P ASX 200 at 7,426.40, down 0.22%
China's Shanghai Composite at 2,930.80, down 0.40%
Hong Kong's Hang Seng at 16,635.00, down 0.92%

Currencies:

EUR/USD at 1.0912, up 0.17%
GBP/USD at 1.2653, down 0.17%
USD/JPY at 142.70, up 0.39%
AUD/USD at 0.6721, up 0.37%
USD/CAD at 1.3371, down 0.07%
Dollar Index at 102.54, down 0.01%

Ten-Year Govt Bond Yields:

U.S. at 3.903%, down 0.67%
Germany at 2.0175%, up 0.22%
France at 2.547%, up 0.16%
U.K. at 3.6795%, down 0.23%
Japan at 0.662%, down 1.19%

Commodities:

Brent Oil Futures (Feb) at $77.16, up 0.80%.
Crude Oil WTI Futures (Feb) at $72.33, up 0.77%.
Gold Futures (Feb) at $2,035.45, down 0.01%.

Cryptocurrencies:

Bitcoin at $41,083.85, down 1.82%
Ethereum at $2,142.42, down 3.08%
BNB at $235.25, down 2.61%
XRP at $0.592, down 4.26%
Solana (SOL) at $68.72, down 5.11%.

For comments and feedback contact: editorial@rttnews.com

Market Analysis

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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