Market Events

Here are some key events to watch this week:

Reserve Bank of New Zealand rate decision Wednesday
FOMC minutes Wednesday
ECB publishes its Financial Stability Review Wednesday
Bank of Korea rate decision Thursday
US GDP, initial jobless claims Thursday
US core PCE price index; personal income and spending; wholesale inventories; University of Michigan consumer sentiment Friday



Some of the main moves in markets:

Stocks

The S&P 500 fell 1.5% as of 2:59 p.m. New York time
The Nasdaq 100 fell 3%
The Dow Jones Industrial Average fell 0.5%
The MSCI World index fell 1.4%

Currencies

The Bloomberg Dollar Spot Index fell 0.1%
The euro rose 0.3% to $1.0724
The British pound fell 0.6% to $1.2511
The Japanese yen rose 0.9% to 126.81 per dollar

Bonds

The yield on 10-year Treasuries declined nine basis points to 2.76%
Germany’s 10-year yield declined five basis points to 0.97%
Britain’s 10-year yield declined eight basis points to 1.89%

Commodities

West Texas Intermediate crude fell 0.1% to $110.14 a barrel
Gold futures rose 0.8% to $1,868.80 an ounce