
- US Federal Reserve Beige Book is due Wednesday.
- OPEC+ meeting on output Thursday.
- U.S. factory orders, initial jobless claims and durable goods orders are due Thursday.
- The February US employment report on Friday will provide an update on the speed and direction of the nation’s labour market recovery.
- The S&P 500 Index surged 2.4% as of 4pm New York time.
- The Stoxx Europe 600 Index climbed 1.8%.
- The MSCI Asia Pacific Index advanced 1.8%.
- The MSCI Emerging Market Index rose 1.7%.
- The Bloomberg Dollar Spot Index dipped 0.1%.
- The euro declined 0.2% to US$1.2046 ($1.60).
- The Japanese yen depreciated 0.2% to 106.78 per dollar.
- The yield on 10-year Treasuries rose two basis points to 1.43%.
- Germany’s 10-year yield sank seven basis points to -0.33%.
- Britain’s 10-year yield declined six basis points to 0.759%.
- West Texas Intermediate crude declined 1.8% to US$60.40 a barrel.
- Gold fell 0.6% to US$1,723.42 an ounce.
- Silver dropped 0.6% to US$26.51 per ounce.