GLOBAL MARKETS - Equities Edge Higher with US 10-Year Yield, Focus on Powell

July 09, 2024, 05.27 AM
GLOBAL MARKETS - Equities Edge Higher with US 10-Year Yield, Focus on Powell

ILUSTRASI. GLOBAL MARKETS - Equities Edge Higher with US 10-Year Yield, Focus on Powell . REUTERS/Brendan McDermid

Source: ReutersEditor: Hasbi Maulana

GLOBAL MARKET - NEW YORK/LONDON, July 8 (Reuters) - MSCI'S global equities gauge barely gained ground on Monday, while the benchmark U.S. Treasury yield ticked up as investors awaited testimony from Federal Reserve Chair Jerome Powell, key inflation data and the corporate earnings season kick-off.

In foreign exchange markets, the euro lost ground after earlier hitting a multi-week high against the dollar following France's election surprise.

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