Pre. Settlement | N/A |
Settlement date | 2022-12-28 |
Open | 1,773.10 |
Bid | 1,765.40 |
Last price | 1,771.20 |
Day's range | 1,763.00 - 1,773.30 |
Volume | |
Ask | 1,765.50 |
European stock markets are expected to open largely lower Friday as investors fret about soaring energy prices, tightening monetary policy, and slowing growth. At 02:00 ET (06:00 GMT), the DAX futures contract in Germany traded 0.4% lower, CAC 40 futures in France dropped 0.2%, while the FTSE 100 futures contract in the U.K. rose 0.1%. Recession fears are starting to mount in Europe, with natural gas prices hitting record highs on Thursday adding to inflationary pressures just as Eurozone consumer prices were confirmed at an annual 8.9% in July, way above the European Central Bank’s 2% target.
The prices of the largest cryptocurrency in market value and ether both continued recent losing streaks after late-in-the-day declines.
Gold was headed for its first weekly drop in a month after hitting a three-week low on Friday, under pressure from a stronger dollar and rising U.S. bond yields as the Federal Reserve looked set for more interest rate hikes. Spot gold fell for a fifth straight session, down 0.4% at $1,750.51 per ounce as of 1110 GMT, in what could be its longest losing streak since November 2021. U.S. gold futures slipped 0.4% to $1,764.60.