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Wednesday 20 January 2021

Key Events

Some key events coming up in the week ahead:


Earnings come from companies including Morgan Stanley, Procter & Gamble, Intel, and Netflix.

Joe Biden takes office as U.S. president on Wednesday.

Policy decisions are due Wednesday from central banks in Brazil, Malaysia and Canada. The Bank of Japan and the ECB deliver decisions Thursday.

Here are the main moves in markets:


Stocks

The S&P 500 Index jumped 0.8% as of 4 p.m. in New York.

The Stoxx Europe 600 Index lost 0.2%.

The MSCI Asia Pacific Index increased 1.2%.

The MSCI Emerging Market Index increased 1.6%.


Currencies

The Bloomberg Dollar Spot Index declined 0.2%.

The euro climbed 0.4% to $1.2124.

The British pound increased 0.3% to $1.3631.

The Japanese yen weakened 0.2% to 103.89 per dollar.


Bonds

The yield on 10-year Treasuries was little changed at 1.09%.

The yield on two-year Treasuries slipped to 0.13%.

Germany’s 10-year yield advanced one basis point to -0.526%.


Commodities

West Texas Intermediate crude advanced 1.2% to $53.01 a barrel.

Gold futures added 0.5% to $1,838.80 an ounce.

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