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.

US equities fell sharply, the S&P500 down 1.2% amid further gains in US bond yields as well as fresh allegations of industrial espionage against China. The AUD and NZD continued to underperform.

US equities fell sharply, the S&P500 down 1.2% amid further gains in US bond yields as well as fresh allegations of industrial espionage against China. The AUD and NZD continued to underperform.

US equities fell sharply, the S&P500 down 1.2% amid further gains in US bond yields as well as fresh allegations of industrial espionage against China. The AUD and NZD continued to underperform.

Strong US economic data helped US bond yields rise to multi-year highs and the US dollar outperform all major currencies. Equities were buoyant too, the S&P500 up 0.5% and within a whisker of a fresh record high.

Strong US economic data helped US bond yields rise to multi-year highs and the US dollar outperform all major currencies. Equities were buoyant too, the S&P500 up 0.5% and within a whisker of a fresh record high.

Risk aversion took hold during the European session after an Italian official questioned the benefits of euro membership. European equities fell and the US dollar rose, the mood then switching to a more positive one during the NY session.

Risk aversion took hold during the European session after an Italian official questioned the benefits of euro membership. European equities fell and the US dollar rose, the mood then switching to a more positive one during the NY session.

Risk aversion took hold during the European session after an Italian official questioned the benefits of euro membership. European equities fell and the US dollar rose, the mood then switching to a more positive one during the NY session.

Sentiment was firm, the S&P500 up 0.5% and close to a record high, helped by a US-Canada trade deal. Brent crude oil rose 3% to $85 – the highest since 2014 – amid supply concerns. The US dollar rose slightly, while US bond yields ranged.