Some key events coming up:
The EIA crude oil inventory report is due Wednesday.
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 the main moves in markets:
Stocks
The S&P 500 increased 1.4% as of 4 p.m. New York time.
The Stoxx Europe 600 Index climbed 1.3%.
The MSCI Asia Pacific Index rose 1.2%.
Currencies
The Bloomberg Dollar Spot Index decreased 0.1%.
The euro dipped 0.2% to $1.2036.
The Japanese yen depreciated 0.1% to 105.04 per dollar.
Bonds
The yield on 10-year Treasuries rose two basis points to 1.10%.
Germany’s 10-year yield rose three basis points to -0.49%.
Britain’s 10-year yield increased three basis points to 0.349%.
Commodities
West Texas Intermediate crude climbed 2.3% to $54.77 a barrel.
Gold lost 1.3% to $1,835.66 an ounce.
Silver slid 8.9% to $26.47 per ounce.
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