(Bloomberg) -- S&P 500 futures pulled back after the index capped the best day since June. European shares climbed, while the dollar strengthened.Trading was mixed across markets as investors took stock of recent Treasury volatility and China’s top banking regulator said he’s “very worried” about risks from bubbles in global financial markets. Zoom Video Communications Inc. rallied 8% in early U.S. trading on an upbeat revenue forecast. In the U.K., the FTSE 100 Index rose and the pound weakened ahead of the government’s annual budget report on Wednesday. Oil futures in New York traded near $60 a barrel, with investors looking ahead to the OPEC+ meeting later this week. China ‘Worried’ About Bubbles in Property, Foreign Markets U.S. markets were poised to open lower after Monday’s sharp gains, which sent the S&P 500 up more than 2%. Bubbles in U.S. and European markets could burst because their rallies are heading in the opposite direction of their underlying economies and will have to face corrections “sooner or later,” Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission and Party secretary of the central bank said at a briefing in Beijing on Tuesday.The remarks dented Asian stocks, with the CSI 300 Index in China closing down 1.3%.“There’s lot of uncertainty, a lot of risks being built in, that’s why you’re seeing a bit of skittishness,” said Lorraine Tan, Morningstar director of Asia equity research. “The positive tailwind for the market is still going to be the global economic recovery.”Meanwhile, Bitcoin steadied around $49,000 after rallying 8% on Monday. Shares of HelloFresh SE dropped 3.5% as the meal-kit maker kept guidance unchanged despite extended lockdown measures.There are some key events to watch this week:U.S. Federal Reserve Beige Book is due Wednesday.OPEC+ meeting on output Thursday.U.S. factory orders, initial jobless claims and durable goods orders are due Thursday.The February U.S. employment report on Friday will provide an update on the speed and direction of the nation’s labor market recovery.These are some of the main moves in markets:StocksFutures on the S&P 500 Index decreased 0.5% as of 10:44 a.m. London time.The Stoxx Europe 600 Index rose 0.5%.The MSCI Asia Pacific Index declined 0.2%.The MSCI Emerging Market Index increased 0.1%.CurrenciesThe Bloomberg Dollar Spot Index gained 0.1% to 1,135.34.The euro fell 0.2% to $1.2022.The British pound decreased 0.3% to $1.3887.The Japanese yen weakened 0.1% to 106.88 per dollar.BondsThe yield on 10-year Treasuries climbed two basis points to 1.44%.The yield on two-year Treasuries gained one basis point to 0.13%.Germany’s 10-year yield rose one basis point to -0.32%.Britain’s 10-year yield increased less than one basis point to 0.76%.CommoditiesWest Texas Intermediate crude was steady at $60.59 a barrel.Gold strengthened 0.3% to $1,730.06 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.