A key benchmark for European government bonds fell to a record low after ECB Chief Economist Philip Lane increased expectations of more policy stimulus this week. Gold futures inched up by 0.9%. Bitcoin was down 0.6%, to a price of $18,687.
U.S. indexes collectively soared to fresh heights for the year on Monday, with the Dow, S&P 500, and Nasdaq 100 all within striking distance of their respective record climes
Investors had eyes on the two central bank meetings occurring this week, with the Federal Reserve expected to opt out of changing interest rates. Both the Bank of England and the European Central Bank, meanwhile, are also acutely watching inflation data as they make their monetary policy decisions-set for Thursday- aiming to keep capital access ultra-liquid.
At the close of Monday’s 4:00 PM (EST) trading session, the following USAF averages held:
The yellow metal gained slightly in the afternoon, with gold futures up 0.9%, while Bitcoin shook slightly off with a fall of 0.6% declining to $18,687.
