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Tuesday 2 February 2021

Some key events coming up

Some key events coming up:


Earnings season is full steam ahead as companies report results, including Alibaba, GlaxoSmithKline, Ferrari, Exxon Mobil, BNP Paribas and Yum! Brands.

The Reserve Bank of Australia’s policy decision comes Tuesday.

Wednesday sees the EIA crude oil inventory report.

The Bank of England sets rates on Thursday and an Indian central bank policy decision comes then too.

The U.S. January payrolls report is due Friday, providing a first look at hiring in 2021.


These are some of the main moves in markets:


Stocks

The S&P 500 surged 1.6% as of 4 p.m. New York time.

The Stoxx Europe 600 Index climbed 1.2%.

The MSCI Asia Pacific Index increased 1.9%.


Currencies

The Bloomberg Dollar Spot Index climbed 0.4%.

The euro sank 0.6% to $1.206.

The Japanese yen depreciated 0.3% to 104.95 per dollar.


Bonds

The yield on 10-year Treasuries rose less than one basis point to 1.07%.

Germany’s 10-year yield climbed less than one basis point to -0.52%.

Britain’s 10-year yield dipped one basis point to 0.321%.


Commodities

West Texas Intermediate crude jumped 2.8% to $53.68 a barrel.

Gold rose 0.7% to $1,860.51 an ounce.

Silver climbed 7.2% to $28.92 per ounce.

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