The US dollar nudged a bit lower, oil prices rose, US bond yields ranged, and US equities remained elevated but little changed. The FOMC minutes didn’t get much of a market response.

The US dollar nudged a bit lower, oil prices rose, US bond yields ranged, and US equities remained elevated but little changed. The FOMC minutes didn’t get much of a market response.

The upbeat mood of equity markets continued as trade and emerging market concerns appeared to fade. The S&P500 is up 0.4% and made a record high overnight. Consistent with this, the US dollar fell further, and US bond yields rose.

The upbeat mood of equity markets continued as trade and emerging market concerns appeared to fade. The S&P500 is up 0.4% and made a record high overnight. Consistent with this, the US dollar fell further, and US bond yields rose.

Risk sentiment remained moderately positive, the S&P500 up 0.3%, major commodities higher, and the US dollar lower. US bond yields are lower, though, amid chatter about stretched positioning, Trump’s complaints Fed Chair Powell isn’t dovish enough, and the looming Jackson Hole monetary policy symposium.

Risk sentiment remained moderately positive, the S&P500 up 0.3%, major commodities higher, and the US dollar lower. US bond yields are lower, though, amid chatter about stretched positioning, Trump’s complaints Fed Chair Powell isn’t dovish enough, and the looming Jackson Hole monetary policy symposium.

Risk sentiment was moderately positive. US equities remained supported by earnings (S&P500 up 0.3%), but Europe’s closed slightly in the red. The US dollar fell, mostly benefitting the AUD, NZD and CAD.

Risk sentiment was moderately positive. US equities remained supported by earnings (S&P500 up 0.3%), but Europe’s closed slightly in the red. The US dollar fell, mostly benefitting the AUD, NZD and CAD.

Risk sentiment appeared to improve overnight, with the S&P500 up 0.9%, US bond yields slightly higher, and the AUD and NZD rising against the USD. Helping was news that Chinese officials would visit the US later this month for trade talks.

Risk sentiment appeared to improve overnight, with the S&P500 up 0.9%, US bond yields slightly higher, and the AUD and NZD rising against the USD. Helping was news that Chinese officials would visit the US later this month for trade talks.