Here’s what to look out for when finance ministers and central bankers from the Group of 20 nations meet in Sydney this weekend. Federal Reserve Chair Janet Yellen, European Central Bank President Mario Draghi and U.S. Treasury Secretary Jacob J. Lew are among those set to attend.
Spain’s 10-year government bonds fell, snapping gains that pushed the yield below 3.5 percent for the first time in eight years, before the country sells as much as 5 billion euros ($6.88 billion) of debt tomorrow.
Traders in Sweden’s money markets are betting the central bank won’t reach its inflation target in the foreseeable future amid signs a December interest rate cut wasn’t enough to keep the threat of deflation at bay.
Credit Agricole SA, France’s third- largest bank, swung to a fourth-quarter profit from a record loss a year earlier, helped by earnings from French consumer banking and a tax rebate. The shares rose the most in a month.