Some key events to watch this week:
The 2021 Spring Meetings of the International Monetary Fund and the World Bank Group take place virtually. U.S. Treasury Secretary Janet Yellen is among the participants of a climate discussion on Tuesday. Federal Reserve Chairman Jerome Powell takes part in a panel about the global economy on Thursday.
The Fed publishes minutes from its March meeting on Wednesday.
Japan releases its balance of payments numbers Thursday.
China’s consumer and producer prices data are due Friday.
These are some of the main moves in markets:
Stocks
The S&P 500 rose 1.4% as of 4 p.m. New York time.
The Dow Jones Industrial Average added 1.1%.
The Nasdaq Composite Index climbed 1.7%.
Currencies
The Bloomberg Dollar Spot Index declined 0.3%.
The euro increased 0.4% to $1.1811.
The Japanese yen appreciated 0.4% to 110.21 per dollar.
Bonds
The yield on two-year Treasuries sank two basis points to 0.17%.
The yield on 10-year Treasuries fell one basis point to 1.71%.
The yield on 30-year Treasuries declined less than one basis point to 2.35%.
Commodities
West Texas Intermediate crude dipped 4.3% to $58.78 a barrel.
Gold was little changed at $1,728.26 an ounce.
No comments:
Post a Comment