The American markets stuttered as investors are still cautious
Despite the positive consumer confidence data that rose more than expected, reaching its highest level since July 2019, Wall Street focused on the hedge fund blow-up impact. USA30 fell 0.31%, and USA500 traded 0.2% lower. TECH100 was down 0.1%.
Crude oil lost 0.1% and traded at $61.51 per barrel.
Gold fell 1.1% to $1,696.30 per ounce.
Asia and Australia
HongKong45 jumped 1.17% as the city is getting ready to lift some restrictive measures starting April 1.
Japann225 inched up 0.05% after Nomura Holdings Inc said it is too early to estimate the impact that the hedge fund blow-up had on Archegos head, Bill Hwang.
Down under, Australia200 was down 0.58%.
Markets pushed higher, boosted by growing French consumer confidence, which rose unexpectedly in March. At the same time, the fears of broader fallout from the US hedge fund default eased. Germany30 and UK100 traded 0.7% higher. France40 rose 0.8%.
Brent oil was seen at $64.85 a barrel.
EUR/USD traded 0.2% lower at 1.1734.
Sources: investing.com, reuters.com