In the United States, the futures for the S&P 500 and Dow Jones Industrial Average are showing positive signs, with a 0.7% and 0.6% increase, respectively. However, it is important to note that changes in futures do not necessarily indicate the movements after the opening bell.
Meanwhile, in Europe, the Stoxx Europe 600 has gained 0.4% in morning trading. Samhaellsbyggnadsbolaget has witnessed a notable increase of 5%, while NN Group rose by 4.2%. On the other hand, Sampo Series A slipped by 6.4%, and Fresenius SE & Co. KGaA experienced a decline of 3%. The FTSE 100 has also shown a modest rise of 0.2%. Looking at individual markets, France’s CAC 40 saw a positive growth of 0.6%, and Germany’s DAX climbed by 0.4%.
The Wall Street Journal Dollar Index remains steady at 100.11.
In terms of commodities, Brent crude has gained 0.4% and is currently priced at $92.55 per barrel, while WTI crude has also experienced a slight increase of 0.5%, reaching $91.25 per barrel.
Moving on to bond yields, the German 10-year Bund yield has risen marginally by 1 basis point to 2.856% from 2.845%. Similarly, the yield on the 10-year U.S. Treasury has gone up by 3 basis points to 4.612% from 4.579%. It is worth noting that bond prices and yields usually follow an inverse relationship.
As for Asian markets, Japan’s Nikkei 225 index witnessed a minor decline of 0.3%. Meanwhile, markets in Hong Kong and China remained closed.