Sovereign bonds rise: Market news

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Sovereign bonds rise: Market news

July 31, 2018 - 12:30
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As Bloomberg reports today, sovereign bonds are rising and Bank of Japan confirmed that it is going to keep its ultra-light monetray policy. Shares of regions show mixed results. Index Stoxx Europe 600 slightly dropped, even though BP and Credit Suisse issued positive reports on earnings. Futures of S&P 500 and Nasdaq might open slightly higher ahead of Apple's report.

Photo © Gerd Altmann, CC0 1.0

As Bloomberg reports today, sovereign bonds are rising and Bank of Japan confirmed that it is going to keep its ultra-light monetray policy. US Treasuries yield is 2,96%. German 10-year bonds yield fell to 0,44%, Japan's 10-year bonds yield fell to 0,062%. Japanese yen fell 0,4% and its rate is 111,50 per dollar. Japanese Topix lost 0,8%.

Shares of regions show mixed results. Index Stoxx Europe 600 slightly dropped, even though BP and Credit Suisse issued positive reports on earnings.

Futures of S&P 500 and Nasdaq might open slightly higher ahead of Apple's report. S&P 500 rose by 0,2% so far.

Euro grew by 0,2% to $1,1728 after good news from France and Germany, even though growth in the region slowed down.

Most commodities fell after China's factory gauge dropped in July, and credits slowed. Oil WTI lost 0,5% and costs $69,79 per barrel. Gold is close to show four months of decline costing $1219,13 per ounce. Copper fell by 0,5% to $6219,00 per ton. Bloomberg Commodity Index fell 0,1%.

Shares of emerging markets fell and currencies are stable. MSCI Index for Emerging Markets lost 0,3%.