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Wednesday 12 August 2020

SOME KEY EVENTS

 Here are some key events coming up:


Earnings include E.ON, Deutsche Telekom, Carlsberg, Tencent and JD.com.

New Zealand’s central-bank policy decision is due on Wednesday.

U.S. CPI for July is scheduled for Wednesday.

China releases a slew of data for July on Friday, including industrial production and retail sales.

These are the main moves in markets:


Stocks

The S&P 500 Index dipped 0.8% to 3,333.76 as of 4:01 p.m. New York time, the first retreat in more than a week and the largest decrease in more than two weeks.

The Dow Jones Industrial Average dipped 0.4% to 27,688.29, the first retreat in more than a week.

The Nasdaq Composite Index dipped 1.7% to 10,782.82, the lowest in more than a week on the largest decrease in more than two weeks.

The MSCI All-Country World Index decreased 0.1% to 563.77.


Currencies

The Bloomberg Dollar Spot Index increased 0.1% to 1,181.46, the highest in a week.

The euro was little changed at $1.1733, the weakest in almost two weeks.

The Japanese yen depreciated 0.5% to 106.54 per dollar, the weakest in more than two weeks on the largest fall in more than a week.


Bonds

The yield on 10-year Treasuries climbed four basis points to 0.63%, the highest in more than three weeks on the biggest surge in more than two months.

Germany’s 10-year yield jumped five basis points to -0.48%, the highest in more than two weeks on the largest surge in almost six weeks.

Britain’s 10-year yield jumped seven basis points to 0.2%, the highest in five weeks on the biggest surge in more than four months.


Commodities

West Texas Intermediate crude dipped 1% to $41.49 a barrel.

Gold depreciated 5.4% to $1,916.58 an ounce, the weakest in more than two weeks on the biggest tumble in more than seven years.

Copper decreased 0.6% to $2.84 a pound.

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