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Wednesday 19 August 2020

Some Key Market Movements

 Minutes of the latest FOMC meeting are due Wednesday.

The EIA’s crude oil inventory report comes out Wednesday.

The Joint Ministerial Monitoring Committee -- the panel that reviews the OPEC+ agreement -- is due to meet on Wednesday.

U.S. jobless claims for the week ended Aug. 15 are due Thursday.

China’s loan prime rate is due Thursday.

Euro-area PMIs will be released on Friday.

These are some of the main moves in markets:


Stocks

The S&P 500 rose 0.2% as of 4 p.m. New York time.

The Stoxx Europe 600 Index dipped 0.6%.

The MSCI Asia Pacific Index rose 0.5%.


Currencies

The Bloomberg Dollar Spot Index declined 0.5%.

The euro increased 0.5% to $1.1934.

The Japanese yen appreciated 0.6% to 105.39 per dollar.


Bonds

The yield on 10-year Treasuries dipped two basis points to 0.66%.

Germany’s 10-year yield decreased one basis point to -0.46%.

Britain’s 10-year yield rose less than one basis point to 0.219%.


Commodities

The Bloomberg Commodity Index climbed 0.6%.

West Texas Intermediate crude decreased 0.7% to $42.58 a barrel.

Gold strengthened 0.8% to $2,001.59 an ounce.

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