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Bank Of Japan's Dovish Stance Offsets Waning Euphoria Of Fed Rate Cut

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

Bank of Japan's ultra-dovish monetary policy stance and no hints of a policy tweak helped cheer markets subdued by fading euphoria of Fed rate cuts. Not-so-dovish comments from Fed officials also sobered market sentiment.

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

Dollar Index is trading flat. Bond yields are moving mixed. Crude oil prices are trading close to the flatline. Gold prices edged lower. Cryptocurrencies rebounded.
Here is a glimpse of the major world markets at this hour.

Stock Indexes:

DJIA (US30) at 37,323.80, up 0.05%
S&P 500 (US500) at 4,743.50, up 0.06%
Germany's DAX at 16,706.16, up 0.33%
U.K.'s FTSE 100 at 7,615.13, up 0.01%
France's CAC 40 at 7,565.79, down 0.04%
Euro Stoxx 50 at 4,529.95, up 0.20%
Japan's Nikkei 225 at 33,219.39, up 1.32%
Australia's S&P ASX 200 at 7,489.10, up 0.84%
China's Shanghai Composite at 2,932.39, up 0.05%
Hong Kong's Hang Seng at 16,522.00, down 0.68%

Currencies:

EUR/USD at 1.0939, up 0.16%
GBP/USD at 1.2706, up 0.51%
USD/JPY at 144.93, up 1.53%
AUD/USD at 0.6731, up 0.39%
USD/CAD at 1.3386, down 0.07%
Dollar Index at 102.55, down 0.01%

Ten-Year Govt Bond Yields:

U.S. at 3.907%, down 1.24%
Germany at 2.0230%, up 0.50%
France at 2.542%, down 0.04%
U.K. at 3.6975%, up 0.04%
Japan at 0.610%, down 4.61%

Commodities:

Brent Oil Futures (Feb) at $78.04, up 0.12%.
Crude Oil WTI Futures (Feb) at $72.92, up 0.14%.
Gold Futures (Feb) at $2,038.90, down 0.08%.

Cryptocurrencies:

Bitcoin at $42,994.01, up 5.63%
Ethereum at $2,238.22, up 5.14%
BNB at $244.92, up 5.09%
XRP at $0.6097, up 4.26%
Solana (SOL) at $74.84, up 11.11%.

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.