Markets Cautiously Await Monthly Jobs Data

Cautious optimism marked sentiment ahead of the release of the monthly non-farm payrolls data from the U.S. The latest job market update and the CPI readings due on Thursday are expected to influence market perception on Fed’s likely moves. The FOMC minutes due on Wednesday would also help gauge the Fed’s aggressiveness in combatting inflation.

Wall Street Futures are trading with mild gains. European benchmarks are trading higher, amidst a positive surprise in Germany’s Factory Orders reading. Asian stocks finished mostly with gains.

Dollar Index is hovering just above the flatline. Bond yields rebounded after declines in recent sessions. Crude oil prices edged up after a massive plunge. Gold too reversed course after a series of loss-making sessions. Cryptocurrencies extended losses.

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

Stock Indexes:

DJIA (US30) at 33,142.40, up 0.07%
S&P 500 (US500) at 4,261.90, up 0.09%
Germany’s DAX at 15,168.65, up 0.65%
U.K.’s FTSE 100 at 7,470.97, up 0.26%
France’s CAC 40 at 7,032.66, up 0.49%
Euro Stoxx 50 at 4,127.05, up 0.66%
Japan’s Nikkei 225 at 31,030.50, down 0.07%
Australia’s S&P ASX 200 at 6,954.20, up 0.41%
China’s Shanghai Composite at 3,110.48, up 0.10% (Sep 28)
Hong Kong’s Hang Seng at 17,466.50, up 1.40%

Currencies:

EUR/USD at 1.0550, up 0.02%
GBP/USD at 1.2208, up 0.15%
USD/JPY at 148.91, up 0.28%
AUD/USD at 0.6362, down 0.11%
USD/CAD at 1.3714, up 0.07%
Dollar Index at 106.37, up 0.03%

Ten-Year Govt Bond Yields:

U.S. at 4.734%, up 0.42%
Germany at 2.8895%, up 0.16%
France at 3.481%, up 0.48%
U.K. at 4.6045%, up 1.31%
Japan at 0.798%, down 0.25%

Commodities:

Brent Oil Futures (Dec) at $84.19, up 0.14%.
Crude Oil WTI Futures (Nov) at $82.44, up 0.16%.
Gold Futures (Dec) at $1,835.25, up 0.19%.

Cryptocurrencies:

Bitcoin at $27,616.27, down 0.16%
Ethereum at $1,633.74, down 0.27%
BNB at $212.27, down 0.15%
XRP at $0.522, down 0.14%
Solana (SOL) at $23.29, up 1.38%.

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