The Czech Republic’s ambition to secure future energy independence with a $15 billion nuclear expansion will be thwarted unless the state guarantees a price for the power, the country’s largest electricity producer said.
U.S. Treasury yields rose to an 11- week high and stocks fell a fourth day as signs of economic growth fueled concern the Federal Reserve will scale back bond buying. Copper, gold and crude oil led commodities higher.
Polish government bonds are headed for their worst performance since at least 1999, at risk of their first annual loss, on concern over the timing of the U.S. Federal Reserve’s planned stimulus reduction.
Emerging-market stocks fell to the lowest level in two weeks as Hyundai Motor Co. and Kia Motors Corp. tumbled amid concern earnings will falter. Brazil’s real slumped to a three-month low amid disappointing economic data.
Emerging-market advanced, trimming the biggest monthly slide since June, after better-than- estimated U.S. data bolstered optimism about global growth. Russia’s ruble tumbled to the lowest level in four years.