What to watch this week:

What to watch this week:

US PPI, initial jobless claims, Thursday
San Francisco Fed President Mary Daly is interviewed on Bloomberg Television, Thursday
Euro-area industrial production, Friday
US University of Michigan consumer sentiment, Friday

Some of the main moves in markets:

Stocks

The S&P 500 rose 2% as of 2:03 p.m. New York time
The Nasdaq 100 rose 2.6%
The Dow Jones Industrial Average rose 1.5%
The MSCI World index rose 1.7%

Currencies

The Bloomberg Dollar Spot Index fell 1.1%
The euro rose 1% to $1.0315
The British pound rose 1.4% to $1.2249
The Japanese yen rose 1.8% to 132.65 per dollar

Bonds

The yield on 10-year Treasuries advanced one basis point to 2.79%
Germany’s 10-year yield declined three basis points to 0.89%
Britain’s 10-year yield declined two basis points to 1.95%

Commodities

West Texas Intermediate crude rose 1.9% to $92.21 a barrel
Gold futures fell 0.1% to $1,810 an ounce.