World Headlines 2017-10-25

RQ Cross Box: 2017-10-25

WORLD HEADLINES - U.S. Treasuries extended their declines and the dollar held at a three-month high amid continued optimism over the global growth outlook. Safe haven assets such as the yen and gold slipped, while stocks in Europe rose as the earnings season continued to unfold. STOCKS - The Stoxx Europe 600 Index swung before advancing as companies in the region reported mixed results. Benchmarks in Asia were largely higher, but Japan’s Nikkei finally snapped its record run of gains and the MSCI Asia Pacific Index traded sideways. BONDS - Benchmark Treasury yields climbed toward 2.45 percent, while those of most government bonds in Europe followed the move higher after data showed German business confidence unexpectedly rose to a record high in October. COMMODITIES - Gold fell to the weakest in almost three weeks. West Texas Intermediate crude also fell and Copper declined to the biggest fall in more than a week. CURRENCIES - The greenback edged higher as traders await President Donald Trump’s pick for Fed chair and before tomorrow’s ECB meeting. The pound advanced on accelerating U.K. growth. ECONOMIC DATA - US Core Durable Goods Orders m/m due at 8:30, US New Home Sales and CAD BOC Rate Statement at 10:00, Crude Oil Inventories at 10:30, BOC Press Conference at 11:15 ET.

World Headlines 2017-10-25

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