S&P 500 futures slip with Europe stocks; Treasuries rally : Bloomberg Markets Wrap

 

 

 

 

 

 

Here are the main moves in markets:

Stocks

• Futures on the S&P 500 Index decreased 0.3% as of 8:30 a.m. New York time.
• The Stoxx Europe 600 Index sank 0.4%.
• The Shanghai Composite Index was little changed at.
• The MSCI Emerging Market Index was little changed at.

Currencies

• The Bloomberg Dollar Spot Index climbed 0.1%.
• The euro decreased 0.4% to $1.1031.
• The British pound sank 0.5% to $1.2438.
• The onshore yuan increased 0.1% to 7.068 per dollar.
• The Japanese yen climbed 0.2% to 107.84 per dollar.

Bonds

• The yield on 10-year Treasuries sank six basis points to 1.84%.
• The yield on two-year Treasuries dipped four basis points to 1.76%.
• Germany’s 10-year yield fell four basis points to -0.49%.
• Britain’s 10-year yield fell five basis points to 0.715%.
• Japan’s 10-year yield was unchanged at -0.153%.

Commodities

• West Texas Intermediate crude advanced 10.2% to $60.46 a barrel.
• Iron ore sank 1.9% to $94.42 per metric ton.
• Gold climbed 1% to $1,503.41 an ounce.

These are some key events to keep an eye on this week:

• The Federal Reserve is widely expected to lower U.S. interest rates in response to slowing global economic growth and muted inflation. Chairman Jerome Powell will hold a post-decision press conference Wednesday.
• The Bank of Japan monetary policy decision is on Thursday, followed by a briefing from Governor Haruhiko Kuroda.
• Bank Indonesia and Bank of England also decide policy on Thursday.
• Australia jobs figures are out Thursday.
• Friday is quadruple witching day for U.S. markets. When the quarterly expiration of futures and options on indexes and stocks occurs on the same day, surging volatility and trading can follow.