(Bloomberg) – European bonds have declined and defense companies have risen to the possibility of increasing military spending, which may force governments to intensify borrowing in the coming years.
Most of them read from Bloomberg
All the prices of German, French and Italian bonds decreased, as Bund's revenues for 10 years-the euro-euros-borrowing rate at the highest level in more than two weeks. While the decline in bonds slowed, the Stoxx 600's gains in Europe extended to 0.5 %, and the Goldman Sachs Group Index for European Defense shares topped a record number.
German defense company Rheinmetall AG increased by 14 %, helping Frankfurt Bourb to raise a new standard – 17 of the year. The American markets were closed for a vacation, but American stock futures rose. Bitcoin decreased by 2 %.
These moves came when the United States asked European countries to clarify the security guarantees and equipment they could provide to Ukraine to ensure a permanent peace settlement. European officials say they are working on a major package to intensify defensive spending and some European Union leaders gather in Paris to extract their response.
“Goal tools turn, and the European Union realizes that it can depend less and less on the United States to protect their borders. Aneeeka Gupta, head of macro research at Wisdomtree UK Ltd.: Said:
The developments have strengthened the opinion that debt sales will need to increase, as European countries bear the cost of a permanent peace agreement between Ukraine and Russia. Ukraine's defense promotion and Ukraine may cost the main forces in Europe an additional $ 3.1 trillion over 10 years, according to Bloomberg's economic estimates.
The European Minister of European Affairs, Benjamin Haddad, told Bloomberg TV before the Paris meeting that the joint European Union's defense financing bonds could be released, which is the option of the bloc division so far.
Meanwhile, European stocks also get a batch of China, a major export market. A meeting between President Xi Jinping and business characters, including Alibaba Group Holding Ltd. Jack did not hope for a year -old repression campaign on the private sector.
In the currency markets, the Japanese yen is strengthened against all of their peers among 10 out of 10 of its peers after the economy grew faster than expected, which strengthened the expectations of high interest rates from the Bank of Japan.
The dollar index in Bloomberg was held after two days of losses, while gold prices have increased, which increased a distance of seven weeks of gains.
Some major events this week:
The Day of the Presidents in the United States; Bond and stock markets are closed, Monday
Australia price decision, Tuesday
UK's unemployed demands, unemployment, on Tuesday
The Governor of Bank of England and Andrew Billy speaks on Tuesday
Canada CPI, Tuesday
New Zealand average decision, Wednesday
Indonesia average decision, Wednesday
CPI in the United Kingdom, Wednesday
Consumer price index in South Africa, retail sales, Wednesday
US FOMC, housing begins, Wednesday
Australia unemployment, Thursday
China loan initial prices, Thursday
Consumer confidence in the euro area, Thursday
The twentieth foreign ministers will meet in South Africa, Thursday – Friday
The governor of the Australian Reserve Bank, Michelle Bullock, and the officials attest to the Parliamentary Committee, Friday
Japanese consumer price index, Friday
PMI PMI Pin Manufacturing and Services
UK S & P Global Manufacturing & Services PM
US S & P Global Manufacturing & Services pm, Fri
Canada Bank Governor Tif McLim speaks on Friday
Some of the main moves in the markets:
Shares
S&P futures increased by 0.2 % to the top since January 23 as of 2:37 pm New York time
Futures increased on the Dow Jones industrial average by 0.2 %
The world index has not changed a little bit
The future Nasdak 100 increased by 0.2 %
The MSCI Asia Pacific Index increased 0.6 %
The emerging MSCI market index increased by 0.5 %
The ibovespa brasil sao Paulo stock index increased by 0.7 %
S&P/BMV IPC increased by 0.2 % up in about six months
Currency
The Bloomberg index in the dollar has not changed a little bit
The euro did not change a little at $ 1.0482
The British pound has increased by 0.3 % to the top since December 17
The Japanese yen has increased by 0.6 % to the top since December 9
The yuan did not change a little at 7,2647 per dollar
The Mexican Bezo strengthens 0.1 % to 20.287 per dollar, and a rise for the fifth consecutive day, which is the tallest series of victories since November 19
The real Brazilian position 0.2 % to 5.7097 per dollar
Cross currencies
Bitcoin decreased by 1.7 %, more than any closing loss since February 4
Ether rose 0.9 % to $ 2,712.12
Bonds
The return on treasury bonds has not changed for 10 years by 4.48 %
Germany's return for 10 years has advanced six basis points to 2.49 %
The British return is offered for 10 years on three basis points to 4.53 %
Commodity
West Texas Intermediate crude increased by 0.9 % to $ 71.39 a barrel
Gold rose 0.5 % to 2,896.56 for an ounce
This story was produced with the help of Bloomberg's Option.
-With the help of Catherine Bossley, Izold McDonald, and Sebastian Boyd.
