Here are some events to watch this week:
U.S. new home sales, current account balance on Wednesday
EIA crude oil inventory report due Wednesday
Bank of England interest rate decision Thursday
The Fed releases Thursday the results of stress tests on the largest U.S. banks
These are some of the main moves in financial markets:
Stocks
The S&P 500 rose 0.5% as of 4 p.m. New York time
The Nasdaq 100 rose 0.9%
The Dow Jones Industrial Average rose 0.2%
The MSCI World index rose 0.5%
Currencies
The Bloomberg Dollar Spot Index fell 0.1%
The euro rose 0.2% to $1.1940
The British pound rose 0.1% to $1.3948
The Japanese yen fell 0.4% to 110.66 per dollar
Bonds
The yield on 10-year Treasuries declined three basis points to 1.46%
Germany’s 10-year yield was little changed at -0.16%
Britain’s 10-year yield advanced one basis point to 0.78%
Commodities
West Texas Intermediate crude fell 0.3% to $72.87 a barrel
Gold futures fell 0.3% to $1,777.10 an ounce
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