LIVE MARKETS Europe set to fall as bund yields march towards zero

  • 1/18/2022
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European stock futures down 0.3% Bond selloff continues ahead of Fed meeting Nasdaq futures down 1% after long weekend Jan 18 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPE SET TO FALL AS BUND YIELDS MARCH TOWARDS ZERO (0745 GMT) With bonds selling off and 10-year German yields marching towards zero, equities are struggling globally, as traders bet the Fed could tighten policy faster to tame inflation. So, after losses in Asia, European stocks look set to follow with stock index futures down around 0.3%, while U.S. futures pointed to heavy losses for tech stocks later on. Also in Europe investors will be watching the tech (.SX8P) space, a sector that has flourished thanks to abundant central bank stimulus boosting valuations, and the COVID-19 pandemic. Oil meantime is continuing its rally with Brent crude now at a 7-year high, which could possibly help energy stocks further. (Danilo Masoni)

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