US equities rose, largely on hopes that Saturday’s Trump-Xi trade talks will be constructive. The S&P500 is up 0.4%, supporting the AUD and NZD. US interest rates fell amid mixed data.

US equities rose, largely on hopes that Saturday’s Trump-Xi trade talks will be constructive. The S&P500 is up 0.4%, supporting the AUD and NZD. US interest rates fell amid mixed data.

US interest rates rose slightly, as markets continued to unwind expectations of a 50bp Fed rate cut in July. US equities are unchanged, awaiting the outcome of the weekend’s Trump-Xi trade talks.

US interest rates rose slightly, as markets continued to unwind expectations of a 50bp Fed rate cut in July. US equities are unchanged, awaiting the outcome of the weekend’s Trump-Xi trade talks.

US interest rates and the US dollar rose briefly after comments from Fed officials were less accommodative than expected. That, plus indications that a US-China trade deal is unlikely at the G20 meeting, pushed US equities lower, the S&P500 down 0.8%.

US interest rates and the US dollar rose briefly after comments from Fed officials were less accommodative than expected. That, plus indications that a US-China trade deal is unlikely at the G20 meeting, pushed US equities lower, the S&P500 down 0.8%.

25 June by Westpac Bank

Sentiment was mixed, with the S&P500 closing down 0.1% after posting a fresh record high, US interest rates holding above multi-year lows, and the US dollar weaker. US-Iran tensions continued, with President Trump approving and then cancelling airstrikes, followed by an announcement of fresh sanctions.

Sentiment was mixed, with the S&P500 closing down 0.1% after posting a fresh record high, US interest rates holding above multi-year lows, and the US dollar weaker. US-Iran tensions continued, with President Trump approving and then cancelling airstrikes, followed by an announcement of fresh sanctions.

US equities rose, the S&P500 making a fresh record high in the wake of the Fed’s shift to an easing bias. US interest rates remained at multi-year lows, hurting the US dollar. Oil surged after Iran shot down a US navy drone.