Some events to watch this week

Powell appears before the House Select Subcommittee on the coronavirus to discuss the central bank’s response on Wednesday.

New Zealand rate decision on Wednesday.

U.S. initial jobless claims are due Thursday.

These are some of the main moves in markets:

Stocks

The S&P 500 advanced 1.1% as of 4 p.m. New York time.

The Stoxx Europe 600 Index gained 0.2%.

The MSCI Asia Pacific Index fell 0.8%.

Currencies

The Bloomberg Dollar Spot Index climbed 0.5%.

The euro decreased 0.5% to $1.1708.

The Japanese yen depreciated 0.3% to 104.98 per dollar.

Bonds

The yield on 10-year Treasuries advanced one basis point to 0.67%.

Germany’s 10-year yield advanced three basis points to -0.51%.

Britain’s 10-year yield gained five basis points to 0.203%.

Commodities

West Texas Intermediate crude advanced 0.7% to $39.60 a barrel.

Gold depreciated 0.5% to $1,902.20 an ounce.