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Tuesday, 18 May 2021

Key Events

Here are some key events this week:


Reserve Bank of Australia publishes minutes of its latest meeting Tuesday

The Fed publishes minutes from its April meeting Wednesday, which may provide clues to officials’ views on the recovery and how they define “transitory” when it comes to inflation


These are some of the main moves in markets:


Stocks

The S&P 500 fell 0.3% as of 4 p.m. New York time

The Nasdaq 100 fell 0.6%

The Dow Jones Industrial Average fell 0.2%

The MSCI World index was little changed


Currencies

The Bloomberg Dollar Spot Index fell 0.2%, falling for the third straight day, the longest losing streak since May 10

The euro rose 0.1% to $1.2158

The British pound rose 0.3% to $1.4142

The Japanese yen rose 0.2% to 109.17 per dollar


Bonds

The yield on 10-year Treasuries advanced one basis point to 1.64%

Germany’s 10-year yield advanced one basis point to the highest in about two years

Britain’s 10-year yield was little changed at 0.86%


Commodities

West Texas Intermediate crude rose 1.5% to $66 a barrel

Gold futures rose 1.6%, the most since May 7

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