Friday, 25 August 2017

Markets mixed as central bankers meet

Markets were mixed on Thursday.

The S&P 500 fell 0.2 percent and the Nikkei 225 fell 0.4 percent but the STOXX Europe 600 rose 0.2 percent.

Meanwhile, the US 10-year Treasury yield rose 2.3 basis points to 2.194 percent as traders waited for news from the Jackson Hole Economic Symposium, where central bankers are expected to provide clues on the outlook for inflation and monetary policy.

Oil prices fell. West Texas Intermediate crude 2 percent amid Hurricane watch while Brent fell 1 percent.

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