The risk-averse mood persisted, reflected by further declines in US equities (S&P500 -1.6%) and US bond yields, and a firmer US dollar. The latter was also helped by Brexit and Italian Budget concerns.

The risk-averse mood persisted, reflected by further declines in US equities (S&P500 -1.6%) and US bond yields, and a firmer US dollar. The latter was also helped by Brexit and Italian Budget concerns.

Risk sentiment was downbeat on Friday, with declines in US equities (S&P500 -0.9%) and US bond yields, and a slightly firmer US dollar. Brent crude oil fell another 0.7% to $69 – the lowest since April.

Risk sentiment was downbeat on Friday, with declines in US equities (S&P500 -0.9%) and US bond yields, and a slightly firmer US dollar. Brent crude oil fell another 0.7% to $69 – the lowest since April.

Risk sentiment was downbeat on Friday, with declines in US equities (S&P500 -0.9%) and US bond yields, and a slightly firmer US dollar. Brent crude oil fell another 0.7% to $69 – the lowest since April.

The Fed decision (just out) produced no fireworks for markets. The US dollar and bond yields slightly extended earlier gains, and US equities pared earlier modest losses

The Fed decision (just out) produced no fireworks for markets. The US dollar and bond yields slightly extended earlier gains, and US equities pared earlier modest losses

The Fed decision (just out) produced no fireworks for markets. The US dollar and bond yields slightly extended earlier gains, and US equities pared earlier modest losses

Compared to just before the US mid-term election results, US equities are higher (S&P500 +1.6%), and the US dollar and US bond yields are modestly lower. Given the results were close to predictions, the equities’ reaction may be interpreted as relief the uncertainty has ended.

Compared to just before the US mid-term election results, US equities are higher (S&P500 +1.6%), and the US dollar and US bond yields are modestly lower. Given the results were close to predictions, the equities’ reaction may be interpreted as relief the uncertainty has ended.