What to watch this week:
Fed Chair Jerome Powell among slate of Fed speakers Tuesday
Reserve Bank of Australia releases minutes of its May policy meeting Tuesday
G-7 finance ministers and central bankers meeting Wednesday
Eurozone, UK CPI Wednesday
Philadelphia Fed President Patrick Harker speaks Wednesday
China loan prime rates Friday
Some of the main moves in markets:
Stocks
The S&P 500 rose 1.4% as of 12:28 p.m. New York time
The Nasdaq 100 rose 1.8%
The Dow Jones Industrial Average rose 0.9%
The MSCI World index rose 1.7%
Currencies
The Bloomberg Dollar Spot Index fell 0.7%
The euro rose 1.1% to $1.0550
The British pound rose 1.3% to $1.2482
The Japanese yen was little changed at 129.25 per dollar
Bonds
The yield on 10-year Treasuries advanced eight basis points to 2.96%
Germany’s 10-year yield advanced 11 basis points to 1.05%
Britain’s 10-year yield advanced 15 basis points to 1.88%
Commodities
West Texas Intermediate crude fell 0.4% to $113.73 a barrel
Gold futures rose 0.2% to $1,818.30 an ounce
Stocks
The S&P 500 rose 1.4% as of 12:28 p.m. New York time
The Nasdaq 100 rose 1.8%
The Dow Jones Industrial Average rose 0.9%
The MSCI World index rose 1.7%
Currencies
The Bloomberg Dollar Spot Index fell 0.7%
The euro rose 1.1% to $1.0550
The British pound rose 1.3% to $1.2482
The Japanese yen was little changed at 129.25 per dollar
Bonds
The yield on 10-year Treasuries advanced eight basis points to 2.96%
Germany’s 10-year yield advanced 11 basis points to 1.05%
Britain’s 10-year yield advanced 15 basis points to 1.88%
Commodities
West Texas Intermediate crude fell 0.4% to $113.73 a barrel
Gold futures rose 0.2% to $1,818.30 an ounce
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