Finance AM

US payrolls data was stronger than expected, pushing bond yields higher. The USD finished the session lower, risk sentiment lifted by progress in US autoworker negotiations which helped the S&P500 close up 1.2%.

The USD fell slightly ahead of tonight’s important US payrolls data, while bond yields were little changed.

Bond yields and the USD fell, weaker US ADP jobs data contributing. The S&P500 is up 0.8%.

Bond yields rose further after strong US job openings data, while the S&P500 fell 1.6%. The USD remained elevated, apart from a plunge in USD/JPY.

Bond yields and the US dollar rose, helped by stronger US economic data and the aversion of a US government shutdown. The S&P500 is down 0.4%.

Currencies and bond yields were mixed at quarter end, amid mixed economic data, while the S&P500 closed down 0.3%. Over the weekend, the US government averted a shutdown.

Bond yields and the US dollar fell and equities rose in the approach to quarter end. US GDP data disappointed slightly, and Fedspeak was dovish.

Bond yields rose sharply as oil prices reached 10-month highs, in turn lifting the US dollar. The S&P500 is down 0.6%.

A risk averse mood prevailed, the S&P500 down 1.4% to a three-month low amid concerns about high interest rates. The USD rose slightly to a 10-month high. Bond yields remained elevated.

US bond yields rose amid ongoing concerns about government debt levels, the Fed rate remaining high, and sticky inflation. Moody’s warned of shutdown implications. The USD followed bond yields, while equities are little changed.

Friday’s session ended with bond yields slipping from decade highs and the USD remaining elevated.

220923 by Westpac Bank

The Fed kept rates on hold but was more hawkish than markets had expected, causing bond yields and the US dollar to recover earlier losses. The S&P500 is down 0.9%.

Bond yields rose on the eve of the Fed rate decision, helped by stronger Canadian inflation data and higher oil prices. Commodity currencies outperformed slightly, while equities fell slightly.

Markets were contained overnight, awaiting key decisions from major central banks later this week. Oil prices rose further.

Bond yields rose ahead of mixed US economic data, and the S&P500 closed down 1.2%. The AUD and NZD fell slightly.

The US dollar rose after the ECB delivered a dovish hike, while US bond yields later rose following firm economic data. The S&P500 is up 0.8%.

US inflation data was close to expectations albeit mixed in the details, leaving the broad US dollar little changed after a choppy session. Bond yields fell.

The eve of an important US inflation update saw the US dollar rise slightly, while equities fell and bond yields were mixed.

The US dollar fell slightly further overnight, bond yields ranged, and equities rose – the S&P500 up 0.7%. There was little major news for markets to digest.

A choppy session bereft of major news saw bond yields end the day slightly higher, while the USD was little changed. The S&P500 closed up 0.3%.

A slightly risk-averse session saw the S&P500 down 0.3%, bond yields slightly lower, and the US dollar slightly higher. AUD and NZD were confined to narrow ranges.

Bond yields rose in response to stronger US services activity data. The S&P500 is down 0.7%, while the US dollar had only a modest gain.

Bond yields rose amid a hefty corporate issuance pipeline and rising oil prices. The US dollar also rose, while the S&P500 is down 0.4%.

A relatively quiet session due to the US holiday saw bond yields rising slightly. Currencies were little changed, while Chinese equities rose in response to recent stimulus.