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.

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.

Quarter-end was uneventful for US markets, the S&P500 closing unchanged on the day. The action was in Europe, where Italy’s proposed Budget caused a sharp fall in equity and bond prices, and hurt the EUR.

Quarter-end was uneventful for US markets, the S&P500 closing unchanged on the day. The action was in Europe, where Italy’s proposed Budget caused a sharp fall in equity and bond prices, and hurt the EUR.

Quarter-end was uneventful for US markets, the S&P500 closing unchanged on the day. The action was in Europe, where Italy’s proposed Budget caused a sharp fall in equity and bond prices, and hurt the EUR.

The US dollar rose overnight, supported by concerns about Italy’s fiscal affairs and perhaps a reassessment of yesterday’s Fed guidance. US bond yields also rose, and the S&P500 is up 0.4%.

The US dollar rose overnight, supported by concerns about Italy’s fiscal affairs and perhaps a reassessment of yesterday’s Fed guidance. US bond yields also rose, and the S&P500 is up 0.4%.

The US dollar rose overnight, supported by concerns about Italy’s fiscal affairs and perhaps a reassessment of yesterday’s Fed guidance. US bond yields also rose, and the S&P500 is up 0.4%.

The Fed hike and statement were largely as expected. Bond yields are slightly lower, after reacting to the removal of the “accommodative” sentence, but fx markets are broadly unchanged. The S&P500 is down 0.4%.

The Fed hike and statement were largely as expected. Bond yields are slightly lower, after reacting to the removal of the “accommodative” sentence, but fx markets are broadly unchanged. The S&P500 is down 0.4%.