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Tuesday 1 September 2020

Here are some key events to watch this week:



Reserve Bank of Australia hands down its policy decision Tuesday.

ISM manufacturing data is due Tuesday in the U.S, Australia GDP is due Wednesday.

U.S. jobless claims for the week ended Aug. 29 are due Thursday.

U.S. jobs report Friday is forecast to show payrolls continued to rebound in August from virus lows.

Here are the main market moves:


Stocks

S&P 500 futures rose 0.1% as of 9:10 a.m. in Tokyo. The S&P 500 Index fell 0.2%.

Topix index fell 0.3%.

Australia’s S&P/ASX 200 Index dropped 1.3%.

South Korea’s Kospi index rose 0.9%.

Hong Kong’s Hang Seng Index futures fell 0.4%


Currencies

The yen traded at 106.02 per dollar after weakening 0.5%.

The Bloomberg Dollar Spot Index was little changed.

The offshore yuan was at 6.8456 per dollar.

The euro was at $1.1945, after matching a two-year high.


Bonds

The yield on 10-year Treasuries rose to 0.72%.

Australia’s 10-year bond yield rose three basis points to 1%.


Commodities

West Texas Intermediate crude rose 0.8% to $42.93 a barrel.

Gold was at $1,969.51 an ounce.

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