XM no presta servicios a los residentes de Estados Unidos de América.

World stocks gain, US yields slip at start of jam-packed week



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>GLOBAL MARKETS-World stocks gain, US yields slip at start of jam-packed week</title></head><body>

Global shares, Wall St gain

Fed, BOE and BOJ all meet this week

Earnings include Microsoft, Amazon and Meta

Updated at 1:20 ET (1720 GMT

By Chris Prentice and Wayne Cole

NEW YORK/SYDNEY, July 29 (Reuters) - Global stocks were broadly higher and longer-dated U.S. yields slipped on Monday, at the start of a week jammed with earningsand a trio of central bank meetings that could see the United States and the UKopen the door to interest rate cuts.

U.S. jobs data for July, closely watched surveys on U.S. and global manufacturing, and euro zone gross domestic product and inflation data are all due later this week.

The markets were jittery ahead of Big Tech earnings and concern over the Federal Reserve's next moves. Big Tech stocks were up,but off the day's highs.

S&P 500 companies representing about 40% of index's market value will report this week, including tech darlings Microsoft MSFT.O, Apple AAPL.O, Amazon.com AMZN.O and Facebook-parent Meta Platforms META.O.

"The market is fearful that if the Big Tech names disappoint, it could drag on the entire market. The markets were up handily and then we saw them pull back," said Quincy Krosby, chief global strategist for LPL Financial in Charlotte, North Carolina.

The U.S. Treasury will outline its bond sale plans for the quarter, while China's politburo meeting could produce more stimulus following surprise rate cuts last week.

After a benign June inflation report, markets are wagering that the Federal Reserve will lay the groundwork for a September rate cut at the close of its two-day policymeeting on Wednesday.

Futures are fully priced for a quarter-point easing and even imply a 12% chance of 50 basis points in cuts, and have 68 basis points of easing priced in by December FEDWATCH.

"The FOMC is set to hold steady but is likely to revise its statement to hint that a cut at the following meeting in September has become more likely," wrote analysts at Goldman Sachs in a note.

"We now see the risks to the Fed path as tilted slightly to the downside of our baseline of quarterly rate cuts, though not quite as much as market pricing implies."

The Bank of Japan also meets on Wednesday,and markets imply a 70% chance it will hike rates by 10 basis points to 0.2%, with some chance it could move by 15 basis points 0#BOJWATCH.

Investors are less sure whether the Bank of England will ease at its meeting on Thursday, with futures showing a 51% probability of a cut 0#BOEWATCH.


EARNINGS TEST

MSCI's gauge of stocks across the globe .MIWD00000PUS rose 2.46 points, or 0.31%, to 805.94 by 1:20 p.m. ET (1720 GMT).

European shares eased as investors remained risk averse. The pan-European STOXX 600 index .STOXX closed 0.2% lower, with autos .SXAP the biggest decliner among major sectors.

The Nasdaq and the S&P 500 rose on Monday, buoyed by megacap stocks, and theDow Jones .DJI recovered from earlier losses.

The S&P 500 .SPX gained 19.87 points, or 0.36%, to 5,478.97, and the Nasdaq Composite .IXIC gained 93.90 points, or 0.54%, to 17,451.78. The Dow Jones Industrial Average .DJI rose 23.06 points, or 0.06%, to 40,612.40,

With expectations for earnings high,any hint of disappointment will test the mega-caps' sky-high valuations.

"With some sizeable moves implied by the options market for the individual names on the day of reporting, movement at a stock level could resonate across other plays within their sector and potentially promote volatility," said Chris Weston, head of research at broker Pepperstone.

"Company earnings don't come much bigger than Microsoft, where the options market implies a move (higher or lower) of 4.7% - the after-market session on Tuesday could get lively."

In currency markets, the dollar index =USD, which measures the greenback against a basket of currencies including the yen and the euro, gained 0.17% at 104.55.

The euroEUR= retreated 0.3% at $1.0824.

The Japanese yen held onto recent gains, leaving the dollar at 153.92JPY=EBS.

In Treasury markets, theyield on benchmark U.S. 10-year notes US10YT=RR fell 2.6 basis points to 4.174%, from 4.2% previously.The 30-year bond US30YT=RR yield fell 2.9 basis points to 4.4281% from 4.457% late on Friday.

In commodities markets, spot goldXAU= gave up earlier gains and was down 0.24% to $2,379.89 an ounce.GOL/

Oil prices fell in volatile trading. Israeli officials said they wanted to avoid an all-out warin the Middle East following a rocket strike in the Israeli-occupied Golan Heights, which Israel and the United States attributed to Lebanesearmed group Hezbollah. O/R

U.S. crude CLc1 lost 2.07% to $75.56 a barrel and Brent LCOc1 fell to $79.5 per barrel, down 2.01% on the day.


Asia stock markets https://tmsnrt.rs/2zpUAr4

Asia-Pacific valuations https://tmsnrt.rs/2Dr2BQA


Reporting by Chris Prentice in New York, Wayne Cole in Sydney and Amanda Cooper in London;
Editing by Shri Navaratnam, Sam Holmes, Kirsten Donovan, Christina Fincher

To read Reuters Markets and Finance news, click on https://www.reuters.com/finance/markets For the state of play of Asian stock markets please click on: 0#.INDEXA
</body></html>

Descargo de responsabilidades: Cada una de las entidades de XM Group proporciona un servicio de solo ejecución y acceso a nuestra plataforma de trading online, permitiendo a una persona ver o usar el contenido disponible en o a través del sitio web, sin intención de cambiarlo ni ampliarlo. Dicho acceso y uso están sujetos en todo momento a: (i) Términos y Condiciones; (ii) Advertencias de riesgo; y (iii) Descargo completo de responsabilidades. Por lo tanto, dicho contenido se proporciona exclusivamente como información general. En particular, por favor tenga en cuenta que, los contenidos de nuestra plataforma de trading online no son ni solicitud ni una oferta para entrar a realizar transacciones en los mercados financieros. Operar en cualquier mercado financiero implica un nivel de riesgo significativo para su capital.

Todo el material publicado en nuestra plataforma de trading online tiene únicamente fines educativos/informativos y no contiene –y no debe considerarse que contenga– asesoramiento ni recomendaciones financieras, tributarias o de inversión, ni un registro de nuestros precios de trading, ni una oferta ni solicitud de transacción con instrumentos financieros ni promociones financieras no solicitadas.

Cualquier contenido de terceros, así como el contenido preparado por XM, como por ejemplo opiniones, noticias, investigaciones, análisis, precios, otras informaciones o enlaces a sitios de terceros que figuran en este sitio web se proporcionan “tal cual”, como comentarios generales del mercado y no constituyen un asesoramiento en materia de inversión. En la medida en que cualquier contenido se interprete como investigación de inversión, usted debe tener en cuenta y aceptar que dicho contenido no fue concebido ni elaborado de acuerdo con los requisitos legales diseñados para promover la independencia en materia de investigación de inversiones y, por tanto, se considera como una comunicación comercial en virtud de las leyes y regulaciones pertinentes. Por favor, asegúrese de haber leído y comprendido nuestro Aviso sobre investigación de inversión no independiente y advertencia de riesgo en relación con la información anterior, al que se puede acceder aquí.

Advertencia de riesgo: Su capital está en riesgo. Los productos apalancados pueden no ser adecuados para todos. Por favor, tenga en cuenta nuestra Declaración de riesgos.