Sentiment was lifted by news that the US government shutdown would temporarily end, as well as a report that the Fed was considering whether to slow down the reduction of its treasury bond holdings. The S&P500 closed up 0.9%, the US dollar fell, and US bond yields rose.

Markets were contained overnight, with little data to drive sentiment. President Trump cancelled his trip to a world leaders’ gathering in Davos as the US Government shutdown entering its 20th day. Fed Chair Powell said a patient and flexible approach to monetary policy would be followed. The S&P500 is currently down 0.2%, and US bond yields and the US dollar are slightly higher.

Markets were contained overnight, with little data to drive sentiment. President Trump cancelled his trip to a world leaders’ gathering in Davos as the US Government shutdown entering its 20th day. Fed Chair Powell said a patient and flexible approach to monetary policy would be followed. The S&P500 is currently down 0.2%, and US bond yields and the US dollar are slightly higher.

Markets were contained overnight, with little data to drive sentiment. President Trump cancelled his trip to a world leaders’ gathering in Davos as the US Government shutdown entering its 20th day. Fed Chair Powell said a patient and flexible approach to monetary policy would be followed. The S&P500 is currently down 0.2%, and US bond yields and the US dollar are slightly higher.

Sentiment remained upbeat, evidenced by the S&P500’s 0.6% gain – the fourth consecutive daily gain. US bond yields nudged higher, and the defensive US dollar fell. US-China trade talks reportedly made progress, and some dovish Fedspeak plus the FOMC minutes were supportive.

Sentiment remained upbeat, evidenced by the S&P500’s 0.6% gain – the fourth consecutive daily gain. US bond yields nudged higher, and the defensive US dollar fell. US-China trade talks reportedly made progress, and some dovish Fedspeak plus the FOMC minutes were supportive.

Sentiment remained upbeat, evidenced by the S&P500’s 0.6% gain – the fourth consecutive daily gain. US bond yields nudged higher, and the defensive US dollar fell. US-China trade talks reportedly made progress, and some dovish Fedspeak plus the FOMC minutes were supportive.

There were further modest gains in US equities (S&P500 +0.6%) and US bond yields, although most major currencies slightly underperformed the USD. News drivers were thin, although the extension of the US-China trade talks into a third day attracted some attention.

There were further modest gains in US equities (S&P500 +0.6%) and US bond yields, although most major currencies slightly underperformed the USD. News drivers were thin, although the extension of the US-China trade talks into a third day attracted some attention.

There were further modest gains in US equities (S&P500 +0.6%) and US bond yields, although most major currencies slightly underperformed the USD. News drivers were thin, although the extension of the US-China trade talks into a third day attracted some attention.