Business Corpus: Stocks Trade Mixed, Dollar Climbs With Treasuries: Markets WrapEuropean shares struggled, U.S. equity futures edged lower and Asian benchmarks were mixed,as investors awaited fresh catalysts on trade and monetary policy The post Stocks Trade Mixed, Dollar Climbs With Treasuries: Markets Wrap appeared first on Investor's Business Daily.

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European shares struggled, while U.S. equity futures edged lower and Asian benchmarks were mixed Wednesday as investors awaited fresh catalysts on trade and monetary policy. The dollar advanced for a sixth day and Treasuries climbed.

Carmakers fell and household-goods stocks rose, leaving the Stoxx Europe 600 Index little changed, while contracts on the Dow Jones, Nasdaq and S&P slipped. In Asia, Chinese shares outperformed and Japanese equities declined. The pound weakened on speculation U.K. Prime Minister Theresa May could be in for another bruising vote in Parliament on Brexit, and the Australian dollar sank after weak data on the economy spurred bets on interest-rate cuts. Most European sovereign bonds advanced.

Investors are looking for firm details about a possible U.S.-China trade deal that's helped drive a surge in global equities over the past two months. The bond market signals more caution and Morgan Stanley (MS) is now predicting Treasury yields will drop as low as 2.35 percent by the end of the year. Traders will get the latest read on the U.S. expansion Friday with the monthly jobs report after China on Tuesday lowered its target for economic growth.

Elsewhere, commodities were led lower by oil after an industry report showed a bigger-than-expected build in U.S. crude stockpiles. Emerging-market currencies and shares were steady.

Here are some key events coming up:

Bank of Canada Governor is expected to keep rates on hold Wednesday due to lingering uncertainty on housing and investment, while sticking to his message that borrowing costs eventually need to head higher. European Central Bank policy makers are expected to leave rates unchanged amid a deteriorating outlook. President Mario Draghi will hold a news conference on Thursday after the decision. The U.S. jobs report Friday may show hiring moderated in February. Nonfarm payrolls may have increased by 185,000 while the jobless rate fell to 3.9 percent, according to estimates.

These are the latest moves in markets:

Stocks

The Stoxx Europe 600 Index climbed 0.1 percent as of 8:15 a.m. London time. Futures on the S&P 500 Index fell 0.1 percent. The MSCI All-Country World Index advanced less than 0.05 percent. The U.K.'s FTSE 100 Index rose 0.2 percent to 7,196.54. The MSCI Emerging Market Index increased 0.1 percent to the highest in a week.

Currencies

The Bloomberg Dollar Spot Index gained 0.1 percent, reaching the highest in almost three weeks on its sixth straight advance. The euro fell less than 0.05 percent to $1.1306, the weakest in almost three weeks. The British pound declined 0.3 percent to $1.3142, reaching the weakest in more than a week on its fifth consecutive decline. The Japanese yen rose 0.1 percent to 111.81 per dollar.

Bonds

The yield on 10-year Treasuries fell one basis point to 2.71 percent, the lowest in a week. Germany's 10-year yield fell two basis points to 0.15 percent. Britain's 10-year yield fell two basis points to 1.268 percent. Japan's 10-year yield declined one basis point to -0.004 percent.

Commodities

The Bloomberg Commodity Index dipped 0.1 percent. Brent crude fell 0.6 percent to $65.49 a barrel. LME copper declined 0.2 percent to $6,465.00 per metric ton. Gold advanced 0.1 percent to $1,289.35 an ounce.

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