Market Sentiment Improves

Easing in trade-related tensions between the U.S. and European Union helped improve sentiment in global markets jolted by fresh trade tariff announcements on Friday.

Wall Street Futures have rallied in the aftermath of President Donald Trump delaying the start of a proposed 50 percent tariff on EU imports from June 1 to July 9. Major markets in Europe are trading on a positive note. Asian markets finished trading on a mostly positive note amidst reports that Japan was planning to trim issuance of long- term bonds.

The six-currency Dollar Index rebounded after Friday’s decline. Bond yields are moving in a mixed fashion. Crude oil prices are trading flat. Gold futures plunged heavily. Cryptocurrencies are trading on a mixed note.

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

Stock Indexes:

DJIA (US30) at 42,150.50, up 1.32%
S&P 500 (US500) at 5,886.70, up 1.45%
Germany’s DAX at 24,202.15, up 0.85%
U.K.’s FTSE 100 at 8,781.82, up 0.73%
France’s CAC 40 at 7,840.32, up 0.16%
Euro Stoxx 50 at 5,414.05, up 0.35%
Japan’s Nikkei 225 at 37,724.11, up 0.51%
Australia’s S&P ASX 200 at 8,407.60, up 0.56%
China’s Shanghai Composite at 3,340.69, down 0.18%
Hong Kong’s Hang Seng at 23,381.99, up 0.43%

Currencies:

EUR/USD at 1.1353, down 0.30%
GBP/USD at 1.3550, down 0.11%
USD/JPY at 144.05, up 0.85%
AUD/USD at 0.6450, down 0.80%
USD/CAD at 1.3769, up 0.24%
Dollar Index at 99.37, up 0.26%

Ten-Year Govt Bond Yields:

U.S. at 4.475%, down 0.80%
Germany at 2.5420%, down 0.74%
France at 3.226%, down 0.46%
U.K. at 4.6850%, up 0.04%
Japan at 1.478%, up 1.03%

Commodities:

Brent Oil Futures (Aug) at $64.15, up 0.05%.
Crude Oil WTI Futures (Jul) at $61.57, up 0.07%.
Gold Futures (Aug) at $3,321.29, down 2.16%.

Cryptocurrencies:

Bitcoin at $109,556.13, down 0.24%
Ethereum at $2,645.86, up 3.10%
XRP at $2.29, down 2.39%
BNB at $681.51, up 1.09%
Solana at $174.49, down 1.80%