U.S. Futures Fall on China Tensions; Bonds Advance: Markets Wrap

 

 

 

These are the main moves in markets:

Stocks

• The Stoxx Europe 600 Index sank 0.6% as of 7:18 a.m. New York time.
• Futures on the S&P 500 Index dipped 0.2%.
• The U.K.‘s FTSE 100 Index dropped 1%.

  The MSCI World Index of developed countries fell 0.3%.

• The MSCI Emerging Market Index slipped 0.4%.

Currencies

• The Bloomberg Dollar Spot Index gained 0.2%.
• The euro declined 0.2% to $1.1057.
• The British pound decreased 0.2% to $1.2895.
• The Japanese yen strengthened 0.1% to 108.48 per dollar.

Bonds

• The yield on 10-year Treasuries declined three basis points to 1.75%.
• The yield on two-year Treasuries fell one basis point to 1.58%.
• Germany’s 10-year yield dipped three basis points to -0.37%.
• Britain’s 10-year yield sank four basis points to 0.694%.
• Japan’s 10-year yield sank three basis points to -0.106%.

Commodities

• West Texas Intermediate crude increased 0.5% to $55.48 a barrel.
• Gold strengthened 0.1% to $1,473.38 an ounce, the highest in two weeks.

Here are some key events coming up this week:

• U.S. economic indicators due for release include initial jobless claims on Thursday.
• Federal Reserve speakers this week include district bank presidents Loretta Mester and Neel Kashkari.
• European central bankers speaking this week include European Central Bank President Christine Lagarde, Bundesbank chief Jens Weidmann, along with Yves Mersch, Luis de Guindos, Pablo Hernandez de Cos and Philip Lane.

 

— With assistance by Emily Barrett, and Adam Haigh