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Tuesday 9 March 2021

Key Events

Here are some key events to watch:


The annual session of China’s National People’s Congress continues in Beijing.

Japan GDP is due Tuesday.

EIA crude oil inventory report is due Wednesday

The U.S. February consumer price index will offer the latest look at price pressures Wednesday.

The European Central Bank holds its monetary policy meeting and President Christine Lagarde is set to do a briefing Thursday.


These are some of the main moves in markets:


Stocks

The S&P 500 Index fell 0.5% as of 4 p.m. New York time.

The Nasdaq Composite Index fell 2.9%.

The Dow Jones Industrial Average climbed 1%.

The MSCI All-Country World Index fell 0.3%.

The Stoxx Europe 600 Index rose 2.1% to the highest in almost three weeks.


Currencies

The Bloomberg Dollar Spot Index rose 0.5% to 1,150.02, the highest in 16 weeks.

The euro declined 0.5% to $1.1850, the weakest in 15 weeks.

The Japanese yen depreciated 0.5% to 108.88 per dollar, the weakest in nine months.

The British pound dipped 0.1% to $1.3829, the weakest in more than three weeks.


Bonds

The yield on 10-year Treasuries rose three basis points to 1.59%.

Germany’s 10-year yield gained two basis points to -0.277%, the highest in more than a week.


Commodities

West Texas Intermediate crude declined 2.1% to $64.71 a barrel.

Gold futures depreciated 1.1% to $1,679.20 an ounce.

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