The not-so-dovish tone reflected in the minutes of the recent FOMC swayed market mood. The minutes portended a longer than expected period of high interest rates as the Fed appeared to be in no mood to oblige with immediate rate cuts. Trading was also subdued ahead of the Thanksgiving holiday in the U.S.<\/p>\n
Wall Street Futures reflect mild gains. European benchmarks are mostly trading higher. Asian stocks finished trading on a mixed note. <\/p>\n
Dollar gained as the Fed minutes revealed no immediate rate cuts. Bond yields mostly eased. Crude oil prices continued to decline amidst caution ahead of the OPEC+ meeting. Gold remained firm despite the Dollar’s gains. Cryptocurrencies declined amidst the regulatory action against Binance. <\/p>\n
Here is a snapshot of the major world markets<\/span> at this hour.<\/p>\n Stock Indexes:<\/p>\n DJIA (US30) at 35,125.50, up 0.11% Currencies:<\/p>\n EUR\/USD at 1.0904, down 0.05% Ten-Year Govt Bond Yields:<\/p>\n U.S. at 4.379%, down 0.88% Commodities:<\/p>\n Brent Oil Futures (Jan) at $81.78, down 0.81%. Cryptocurrencies: <\/p>\n Bitcoin at $36,607.59, down 2.16%
S&P 500 (US500) at 4,547.60, up 0.21%
Germany’s DAX at 15,978.55, up 0.49%
U.K.’s FTSE 100 at 7,481.16, down 0.01%
France’s CAC 40 at 7,267.22, up 0.52%
Euro Stoxx 50 at 4,351.35 up 0.45%
Japan’s Nikkei 225 at 33,451.83, up 0.24%
Australia’s S&P ASX 200 at 7,073.40, down 0.07%
China’s Shanghai Composite at 3,043.61, down 0.79%
Hong Kong’s Hang Seng at 17,748.00, up 0.10% <\/p>\n
GBP\/USD at 1.2532, down 0.04%
USD\/JPY at 148.71, up 0.22%
AUD\/USD at 0.6566, up 0.18%
USD\/CAD at 1.3702, up 0.01%
Dollar Index at 103.72, up 0.15% <\/p>\n
Germany at 2.5400%, down 0.66%
France at 3.100%, down 0.61%
U.K. at 4.1320%, up 0.61%
Japan at 0.729%, down 0.27% <\/p>\n
Crude Oil WTI Futures (Jan) at $77.08, down 0.89%.
Gold Futures (Dec) at $2,003.55, up 0.10%. <\/p>\n
Ethereum at $2,007.41, down 0.46%
BNB at $234.38, down 9.89%
XRP at $0.5951, down 3.14%
Solana (SOL) at $54.55, down 4.14%. <\/p>\n