The US dollar weakened slightly, resulting in 1/2c gains for AUD and NZD, amid relief that last week’s US equities rout has not persisted. The S&P500 is currently unchanged. US retail sales data disappointed, but there was little market impact.

US equities rebounded after a two-day rout, the S&P500 closing up 1.4%. There was no obvious catalyst for the rebound. Currencies and bonds were contained.

US equities rebounded after a two-day rout, the S&P500 closing up 1.4%. There was no obvious catalyst for the rebound. Currencies and bonds were contained.

US equities rebounded after a two-day rout, the S&P500 closing up 1.4%. There was no obvious catalyst for the rebound. Currencies and bonds were contained.

US equities fell further overnight, the S&P500 currently down 2.5%, for a total fall this month of 7.7%. Earlier, Asian and European equities posted large losses (Shanghai index down 5.2%). Oil prices also fell further, Brent crude down 3.9%. Given that backdrop, AUD and NZD were again quite resilient.

US equities fell further overnight, the S&P500 currently down 2.5%, for a total fall this month of 7.7%. Earlier, Asian and European equities posted large losses (Shanghai index down 5.2%). Oil prices also fell further, Brent crude down 3.9%. Given that backdrop, AUD and NZD were again quite resilient.

US equities fell further overnight, the S&P500 currently down 2.5%, for a total fall this month of 7.7%. Earlier, Asian and European equities posted large losses (Shanghai index down 5.2%). Oil prices also fell further, Brent crude down 3.9%. Given that backdrop, AUD and NZD were again quite resilient.

US equities fell sharply, amid elevated interest rates and concerns the US-China trade war is affecting company profits. The S&P500 is down 2.2% to a two-month low. Oil prices are down over 2% on fading concerns about Hurricane Michael’s expected impact. Given all that, AUD and NZD were fairly resilient.

US equities fell sharply, amid elevated interest rates and concerns the US-China trade war is affecting company profits. The S&P500 is down 2.2% to a two-month low. Oil prices are down over 2% on fading concerns about Hurricane Michael’s expected impact. Given all that, AUD and NZD were fairly resilient.

US equities fell sharply, amid elevated interest rates and concerns the US-China trade war is affecting company profits. The S&P500 is down 2.2% to a two-month low. Oil prices are down over 2% on fading concerns about Hurricane Michael’s expected impact. Given all that, AUD and NZD were fairly resilient.