Asian shares slipped today and Wall Street futures gained a little amid worries about the further monetary policy tightening. Nasdaq futures firmed 0.3%, the S&P 500 futures were up 0.2%, MSCI’s broadest index of Asia-Pacific outside Japan lost 0.4%, and the Japanese Nikkei 225 lost 1.2%. Oil prices rose today after previous losses due to concerns of tighter supply. Brent crude rose 0.4%, and WTI crude was 0.3% up.
European markets opened higher today. Europe’s STOXX 600 index rose by 0.34%, and French CAC 40 added 0.24%.
The U.S. dollar slipped today, as the Fed promised to increase the interest rate by 75 basis points at the next meeting. The Dollar index was down 0.3%.
Key quotes for today:
- Brent — $112.80
- WTI — $107.90
- GBP/USD — 1.2234
- EUR/USD — 1.0514
- XAU/USD — $1840.40