Here are some key events to watch this week:
U.S. ADP employment change is due Wednesday
Chicago Fed President Charles Evans gives a virtual speech at an event hosted by Bard College on Wednesday. Cleveland Fed President Loretta Mester gives a virtual speech to the Boston Economic Club
Bank of England rate decision Thursday
The April U.S. employment report is released on Friday
These are some of the main moves in markets:
Stocks
The S&P 500 fell 0.7% as of 4 p.m. New York time
The Nasdaq 100 fell 1.85%
The Dow Jones Industrial Average was little changed
The MSCI World index fell 0.8%
Currencies
The Bloomberg Dollar Spot Index rose 0.3%
The euro fell 0.4% to $1.2017
The British pound fell 0.2% to $1.3887
The Japanese yen fell 0.2% to 109.29 per dollar
Bonds
The yield on 10-year Treasuries declined one basis point to 1.58%
Germany’s 10-year yield declined three basis points to -0.24%
Britain’s 10-year yield declined five basis points to 0.79%
Commodities
West Texas Intermediate crude rose 2.3% to $66 a barrel
Gold futures fell 0.7% to $1,779 an ounce
No comments:
Post a Comment