Key Events

Here are some events to watch this week:

Bank of America, BlackRock, Citigroup, Goldman Sachs, JPMorgan, Morgan Stanley are among firms starting the U.S. earnings season

A closely-watched inflation metric -- the June U.S. consumer price index -- will offer insight into the inflationary pressures Tuesday

The Reserve Bank of New Zealand’s latest interest rate policy Wednesday

Bank of Korea monetary decision Thursday

China second-quarter GDP, key economic indicators Thursday

Federal Reserve Chair Jerome Powell appears before the Senate Banking Committee to deliver the semi-annual Monetary Policy Report to Congress Thursday

Bank of Japan interest rate decision Friday

These are some of the main moves in financial markets:

Stocks

The S&P 500 rose 0.3% as of 4:02 p.m. New York time

The Nasdaq 100 rose 0.3%

The Dow Jones Industrial Average rose 0.4%

The MSCI World index rose 0.5%

Currencies

The Bloomberg Dollar Spot Index rose 0.1%

The euro fell 0.1% to $1.1860

The British pound fell 0.1% to $1.3883

The Japanese yen fell 0.2% to 110.36 per dollar

Bonds

The yield on 10-year Treasuries was little changed at 1.36%

Germany’s 10-year yield was little changed at -0.29%

Britain’s 10-year yield was little changed at 0.65%

Commodities

West Texas Intermediate crude fell 0.5% to $74.17 a barrel

Gold futures fell 0.2% to $1,806.10 an ounce