Here are some events to watch this week:
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 fell 0.3% as of 4 p.m. New York time
The Nasdaq 100 was little changed
The Dow Jones Industrial Average fell 0.3%
The MSCI World index fell 0.2%
Currencies
The Bloomberg Dollar Spot Index rose 0.5%
The euro fell 0.7% to $1.1776
The British pound fell 0.5% to $1.3813
The Japanese yen fell 0.2% to 110.61 per dollar
Bonds
The yield on 10-year Treasuries advanced five basis points to 1.41%
Germany’s 10-year yield was little changed at -0.29%
Britain’s 10-year yield declined two basis points to 0.63%
Commodities
West Texas Intermediate crude rose 1.6% to $75.30 a barrel
Gold futures rose 0.1% to $1,808.60 an ounce
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