Key events this week:
Euro area GDP, Wednesday
US MBA mortgage applications, ADP employment change, trade balance, JOLTS job openings, Wednesday
Fed Chair Powell’s semiannual Monetary Policy Report to the House Financial Services Committee, Wednesday
Canada rate decision, Wednesday
EIA crude oil inventories, Wednesday
China CPI, PPI, Thursday
US Challenger job cuts, initial jobless claims, household change in net worth, Thursday
Bank of Japan policy rate decision, Friday
US nonfarm payrolls, unemployment rate, monthly budget statement, Friday
Some of the main moves in markets :
Stocks
The S&P 500 fell 1% as of 11 a.m. New York time
The Nasdaq 100 fell 0.8%
The Dow Jones Industrial Average fell 0.9%
The Stoxx Europe 600 fell 0.7%
The MSCI World index fell 1%
Currencies
The Bloomberg Dollar Spot Index rose 0.8%
The euro fell 0.9% to $1.0584
The British pound fell 1.3% to $1.1872
The Japanese yen fell 0.7% to 136.83 per dollar
Cryptocurrencies
Bitcoin fell 0.4% to $22,320.16
Ether fell 0.4% to $1,560.5
Bonds
The yield on 10-year Treasuries advanced two basis points to 3.97%
Germany’s 10-year yield declined four basis points to 2.71%
Britain’s 10-year yield declined three basis points to 3.84%
Commodities
West Texas Intermediate crude fell 2.4% to $78.52 a barrel
Gold futures fell 1.8% to $1,821.60 an ounce
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