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Thursday 10 December 2020

Some key events coming up

Thursday brings the European Central Bank policy decision and a press briefing from Christine Lagarde. Economists widely expect the central bank to increase and extend its pandemic bond-buying program.


The FDA meets to discuss the vaccine made by Pfizer/BioNTech on Thursday.

Jobless claims data are due in the U.S. on Thursday.

These are some of the main moves in markets:


Stocks

The S&P 500 declined 0.8% as of 4 p.m. New York time.

The Stoxx Europe 600 Index advanced 0.3%.

The MSCI Asia Pacific Index climbed 0.5%.


Currencies

The Bloomberg Dollar Spot Index increased 0.1%.

The euro dipped 0.2% to $1.2082.

The British pound gained 0.3% to $1.3401.

The Japanese yen was little changed at 104.21 per dollar.


Bonds

The yield on 10-year Treasuries increased two basis points to 0.93%.

Germany’s 10-year yield rose less than one basis point to -0.61%.

Britain’s 10-year yield climbed less than one basis point to 0.261%.


Commodities

West Texas Intermediate crude was little changed at $45.57 a barrel.

Gold fell 1.6% to $1,840.07 an ounce.

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