(Bloomberg) — U.S. equity futures fluctuated along with European stocks on Thursday as investors weighed reports of fresh progress in containing a coronavirus outbreak in Beijing. Treasuries advanced.The moves came after a top virus expert in China said that new cases in the capital were curbed. The Stoxx Europe 600 swung between losses and gains, with German payments firm Wirecard AG slumping as much as 67% after it delayed publication of annual financial results for the fourth time. Asia stocks edged lower. The pound weakened to its lowest in almost three months against the euro ahead of a Bank of England decision in which policy makers are expected to add to economic stimulus.The picture for global markets remains complex as investors mull reports on China battling its worst outbreak since Wuhan and Texas showing an 11% surge in hospitalizations. They’re balancing those with positive economic news, as well as a flood of promised stimulus measures. Politics is back in the picture too, after newspapers published summaries of a widely anticipated book critical of President Donald Trump.Elsewhere, crude oil prices erased earlier losses.These are some key events coming up:A policy decision from the Bank of England is due on Thursday.These are some of the main moves in markets:StocksFutures on the S&P 500 Index dipped 0.1% as of 6:21 a.m. New York time.The Stoxx Europe 600 Index fell 0.3%.The MSCI Asia Pacific Index was little changed.The MSCI Emerging Market Index gained 0.3%.CurrenciesThe Bloomberg Dollar Spot Index was little changed.The euro was little changed at $1.1245.The British pound declined 0.5% to $1.2486.The onshore yuan was little changed at 7.081 per dollar.The Japanese yen was little changed at 107.05 per dollar.BondsThe yield on 10-year Treasuries fell three basis points to 0.71%.The yield on two-year Treasuries decreased less than one basis point to 0.19%.Germany’s 10-year yield declined one basis point to -0.40%.Britain’s 10-year yield fell two basis points to 0.172%.Japan’s 10-year yield decreased less than one basis point to 0.019%.CommoditiesWest Texas Intermediate crude increased 0.7% to $38.23 a barrel.Brent crude gained 1% to $41.12 a barrel.Gold was little changed at $1,726.45 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
