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.

A reversal in the US dollar overnight helped AUD and NZD rebound. GBP outperformed after headlines suggested a Brexit deal was likely soon. US equities were little changed overall.

A reversal in the US dollar overnight helped AUD and NZD rebound. GBP outperformed after headlines suggested a Brexit deal was likely soon. US equities were little changed overall.

A slightly risk-averse tone affected markets which were otherwise quiet during the US holiday. US-China frictions were at the fore, and weighed on US equities, the S&P500 down 0.2% to a one-month low.

A slightly risk-averse tone affected markets which were otherwise quiet during the US holiday. US-China frictions were at the fore, and weighed on US equities, the S&P500 down 0.2% to a one-month low.

A slightly risk-averse tone affected markets which were otherwise quiet during the US holiday. US-China frictions were at the fore, and weighed on US equities, the S&P500 down 0.2% to a one-month low.

The eagerly awaited US jobs report did not live up to lofty expectations but was solid enough to push US bond yields higher. US equities appeared unnerved by the rise in yields, the S&P500 closing down 0.6%. The GBP outperformed on positive Brexit news. Over the weekend, China loosened bank lending rules.

The eagerly awaited US jobs report did not live up to lofty expectations but was solid enough to push US bond yields higher. US equities appeared unnerved by the rise in yields, the S&P500 closing down 0.6%. The GBP outperformed on positive Brexit news. Over the weekend, China loosened bank lending rules.