Concessions and reliefs recently announced to the newly imposed tariffs helped markets stage a strong rebound on Monday. Strong corporate earnings also boosted sentiment.
Wall Street Futures are trading with strong gains. European benchmarks have also surged ahead. Asian bourses also finished trading on a positive note.
The six-currency Dollar Index is trading close to the flatline. Bond yields mostly eased. Crude oil prices rallied in the backdrop of data from China showing a sharp rebound in crude imports. Recently announced exemptions in the steep trade tariffs on China dragged down prices of the yellow metal. Cryptocurrencies are trading on a mixed note.
Here is a snapshot of the major world markets at this hour.
Stock Indexes:
DJIA (US30) at 40,759.50, up 1.36% S&P 500 (US500) at 5,461.80, up 1.84%Germany's DAX at 20,933.06, up 2.77% U.K.'s FTSE 100 at 8,116.97, up 1.92% France's CAC 40 at 7,277.43, up 2.43%Euro Stoxx 50 at 4,912.75, up 2.62% Japan's Nikkei 225 at 33,982.36, up 1.18%Australia's S&P ASX 200 at 7,748.60, up 1.34% China's Shanghai Composite at 3,262.81, up 0.76% Hong Kong's Hang Seng at 21,417.40, up 2.40%
Currencies:
EUR/USD at 1.1313, down 0.41%GBP/USD at 1.3138, up 0.44%USD/JPY at 143.94, up 0.30%AUD/USD at 0.6285, up 0.00%USD/CAD at 1.3891, up 0.19% Dollar Index at 100.05, down 0.05%
Ten-Year Govt Bond Yields:
U.S. at 4.429%, down 1.42% Germany at 2.5220%, down 0.24%France at 3.279%, down 1.74%U.K. at 4.7200%, down 0.63%Japan at 1.344%, up 0.60%
Commodities:
Brent Oil Futures (Jun) at $65.38, down 0.96%.Crude Oil WTI Futures (May) at $62.12, up 1.01%.Gold Futures (Jun) at $3,211.05, down 1.03%.
Cryptocurrencies:
Bitcoin at $85,057.22, up 0.70%Ethereum at $1,673.03, up 4.19%XRP at $2.15, down 1.09%BNB at $589.89, down 0.41%Solana at $134.08, up 3.31%
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Business News
April 18, 2025 13:26 ET Some key data were released this week amid the escalating tariff war between the U.S. and other countries. Retail sales data from the U.S. revealed that consumers have started to prepare for a future increase in prices and factory activity has started to get hurt due to a fall in export demand. In Europe, the European Central Bank rate decision and inflation data from the U.K. were the highlights. News flow in Asia this week was dominated by the first quarter economic growth data from China.