Finance Am

Bond yields continued to fall amid resurfacing concern about recession. The US dollar was mixed amid hawkish commentary from ECB officials.

The US dollar rose, bond yields fell, and equities rose slightly. There was little major news for markets to digest, apart from some Fedspeak which was mixed.

The US dollar and bond yields rose, and equities fell slightly, amid little major news for markets.

The US dollar and bond yields fell sharply following softer US labour data, while equities rose (S&P500 +0.9%).

The US dollar and bond yields fell, and equities rose (S&P500 +1.8%), extending moves which followed yesterday’s Fed outcome. The Bank of England kept rates on hold, as was widely expected.

A fall in bond yields, following disappointing US manufacturing data, was extended after the Fed’s on-hold decision and press conference. The US dollar was mixed, while the S&P500 is up 1.1%.

The USD and bond yields jumped in response to US wage inflation data which was slightly stronger than expected. Equities were resilient, the S&P500 up 0.6%.

Bond yields were volatile and the USD fell amid improved risk sentiment, BoJ speculation, and an update on US borrowing. The S&P500 is up 1.3%.

In choppy trade following mixed US data, bond yields fell slightly, the US dollar closed unchanged, and the S&P500 closed down 0.5%.

Bond yields fell in response to softer core price data from the US GDP report, despite stronger activity readings. The AUD and NZD rebounded, while equities were weaker (S&P500 down 1.1%). As expected, the ECB held rates steady.

Bond yields rose despite little news of note, supporting the US dollar and depressing equities, the S&P500 down 1.3%.

The USD rose, helped by slightly better US (and disappointing Eurozone) PMI data. Bond yields were mixed, and the S&P500 is up 0.7%.

US bond yields and the USD fell after the former initially rose to historically attractive levels. The S&P500 is up 0.5%.

The USD and short- term bond yields fell following Fed chair Powell’s speech, while long- term bond yields rose. The S&P500 is down 0.7%.

A risk averse mood prevailed, Middle East concerns ongoing, pushing the defensive USD higher and equities lower (S&P500 down 1.2%). Bond yields were volatile, net higher.

Strong US spending and manufacturing data boosted bond yields but not the USD. The S&P500 is down 0.1%.

Amid a calmer risk sentiment backdrop, the S&P500 rose 1.2%, bond yields rose, and the USD fell slightly.

A risk averse mood prevailed, markets concerned about escalation in the conflict in Israel. The S&P500 closed down 0.5%, oil rose sharply, and the defensive US dollar rose slightly.

The US dollar and bond yields rose sharply following eagerly awaited US CPI data which was slightly firmer than expected. Equities fell on high interest rate concerns, the S&P500 down 1.0%.

The US dollar steadied and short-term bond yields rose slightly following stronger US PPI inflation data. The S&P500 is up 0.1%.