Markets Brace For U.S. Jobs Data

Anxiety about the crucial job market update from the U.S. kept market sentiment subdued. China’s inflation data for November due for release also swayed sentiment.

Wall Street Futures have edged up. European benchmarks are trading with strong gains. The DAX touched record highs amidst German inflation touching the lowest level since June 2021. Asian stocks finished trading on a mixed note.

Dollar Index firmed up. Bond yields mostly hardened. Crude oil prices gained amidst reports of Saudi Arabia and Russia calling for more OPEC+ members to join output cuts. Gold edged lower. Cryptocurrencies mostly gained.

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

Stock Indexes:

DJIA (US30) at 36,141.40, up 0.07%
S&P 500 (US500) at 4,587.30, up 0.04
Germany’s DAX at 16,705.15, up 0.46%
U.K.’s FTSE 100 at 7,555.50, up 0.56%
France’s CAC 40 at 7,501.74, up 0.99%
Euro Stoxx 50 at 4,506.35, up 0.73%
Japan’s Nikkei 225 at 32,307.86, down 1.77%
Australia’s S&P ASX 200 at 7,194.90, up 0.30%
China’s Shanghai Composite at 2,969.56, up 0.11%
Hong Kong’s Hang Seng at 16,324.50, down 0.11%

Currencies:

EUR/USD at 1.0775, down 0.16%
GBP/USD at 1.2555, down 0.28%
USD/JPY at 144.31, up 0.13%
AUD/USD at 0.6606, up 0.08%
USD/CAD at 1.3579, down 0.11%
Dollar Index at 103.79, up 0.24%

Ten-Year Govt Bond Yields:

U.S. at 4.18%, up 1.32%
Germany at 2.2305%, up 1.62%
France at 2.776%, up 1.48%
U.K. at 4.0665%, up 2.48%
Japan at 0.762%, down 1.30%

Commodities:

Brent Oil Futures (Feb) at $75.65, up 2.16%.
Crude Oil WTI Futures (Jan) at $70.84, up 2.16%.
Gold Futures (Feb) at $2,043.85, down 0.12%.

Cryptocurrencies:

Bitcoin at $43,208.41, up 0.02%
Ethereum at $2,352.96, up 5.15%
BNB at $234.42, up 1.92%
XRP at $0.6436, up 2.18%
Solana (SOL) at $71.19, up 14.14%.

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