Some key events to watch this week:
Reserve Bank of Australia meeting minutes Tuesday
European Central Bank rate decision Thursday
Bank Indonesia rate decision Thursday
U.S. existing home sales Thursday
The Tokyo Summer Olympics begin Friday
Here are some of the main market moves:
Stocks
The S&P 500 fell 1.6% as of 4 p.m. New York time
The Nasdaq 100 fell 0.9%
The Dow Jones Industrial Average fell 2.1%
The MSCI World index fell 1.7%
Currencies
The Bloomberg Dollar Spot Index rose 0.3%
The euro was little changed at $1.1798
The British pound fell 0.7% to $1.3671
The Japanese yen rose 0.5% to 109.49 per dollar
Bonds
The yield on 10-year Treasuries declined 10 basis points to 1.19%
Germany’s 10-year yield declined three basis points to -0.39%
Britain’s 10-year yield declined seven basis points to 0.56%
Commodities
West Texas Intermediate crude fell 7.6% to $66.34 a barrel
Gold futures fell 0.2% to $1,812 an ounce
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