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 U.S. Food and Drug Administration meets to discuss the vaccine made by Pfizer/BioNTech on Thursday. If the FDA authorizes emergency use, Health & Human Services Secretary Alex Azar said vaccine distribution could begin within 24 hours.
These are some of the main moves in markets:
Stocks
The S&P 500 fell 0.2% at 4 p.m. New York time.
The Stoxx Europe 600 Index dropped 0.3%.
The MSCI Asia Pacific Index decreased 0.2%.
Currencies
The Bloomberg Dollar Spot Index gained 0.1%.
The euro lost 0.1% to $1.2112.
The British pound fell 0.5% to $1.3379.
The Japanese yen rose 0.1% to 104.02 per dollar.
Bonds
The yield on 10-year Treasuries sank four basis points to 0.93%.
Germany’s 10-year yield decreased three basis points to -0.58%.
Britain’s 10-year yield fell seven basis points to 0.283%.
Commodities
The Bloomberg Commodity Index slid 0.5%.
West Texas Intermediate crude fell 1.2% to $45.72 a barrel.
Gold rose 1.4% to $1,864.56 an ounce.
No comments:
Post a Comment