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Tuesday 15 June 2021

Key Events

Here are some key events to watch this week:

An EU-U.S. summit takes place in Brussels on Tuesday

Data on U.S. industrial production, producer prices and retail sales come Tuesday

The Federal Open Market Committee rate decision comes on Wednesday, with a news conference from Jerome Powell after

U.S. President Joe Biden and Russia’s Vladimir Putin meet Wednesday in Geneva

U.S. Treasury Secretary Janet Yellen testifies before a House panel Thursday on the federal budget

Rate decisions come from Switzerland and Norway on Thursday

The Bank of Japan’s monetary policy decision is on Friday


These are some of the main moves in markets:


Stocks

The S&P 500 rose 0.2% to a record high as of 4:03 p.m. New York time

The Nasdaq 100 rose 0.9% to a record high

The Dow Jones Industrial Average fell 0.2% to the lowest since May 26

The MSCI World index rose 0.2% to a record high


Currencies

The Bloomberg Dollar Spot Index rose 0.1% to the highest since June 3

The euro was little changed at $1.2121

The British pound was unchanged at $1.4107

The Japanese yen slipped 0.4%, more than any closing loss since June 3


Bonds

The yield on 10-year Treasuries advanced four basis points, more than any closing gain since May 12

Germany’s 10-year yield advanced two basis points, more than any closing gain since May 27

Britain’s 10-year yield advanced three basis points, more than any closing gain since June 3


Commodities

West Texas Intermediate crude rose 0.2% to $71.08 a barrel

Gold futures fell 0.6% to $1,867.60 an ounce

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