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Wednesday 1 March 2023

Key Events

Key events this week:

China manufacturing PMI, non-manufacturing PMI, Caixin manufacturing PMI, Wednesday

Eurozone S&P Global Eurozone Manufacturing PMI, Wednesday

US construction spending, ISM Manufacturing, light vehicle sales, Wednesday

Eurozone CPI, unemployment, Thursday

US initial jobless claims, Thursday

Eurozone S&P Global Eurozone Services PMI, PPI, Friday


Some of the main moves in markets:


Stocks

The S&P 500 rose 0.1% as of 2:33 p.m. New York time

The Nasdaq 100 rose 0.5%

The Dow Jones Industrial Average fell 0.5%

The MSCI World index rose 0.4%


Currencies

The Bloomberg Dollar Spot Index was little changed

The euro fell 0.2% to $1.0587

The British pound was little changed at $1.2057

The Japanese yen rose 0.1% to 136.02 per dollar


Cryptocurrencies

Bitcoin fell 0.4% to $23,291.94

Ether was little changed at $1,628.47


Bonds

The yield on 10-year Treasuries was little changed at 3.92%

Germany’s 10-year yield advanced seven basis points to 2.65%

Britain’s 10-year yield advanced two basis points to 3.83%


Commodities

West Texas Intermediate crude rose 1.9% to $77.14 a barrel

Gold futures rose 0.6% to $1,836.60 an ounce

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