US bond yields and the US dollar firmed ahead of the FOMC decision, while equities were calmer.

US equities fell sharply, the S&P500 down 1.7% currently. The Facebook data-breach probe, looming FOMC meeting, and Trump/Mueller tensions were possible explanations. The US dollar also fell, as did bond yields.

US equities fell sharply, the S&P500 down 1.7% currently. The Facebook data-breach probe, looming FOMC meeting, and Trump/Mueller tensions were possible explanations. The US dollar also fell, as did bond yields.

The US dollar rose and US bond yields rose amid some strong US economic data, equities slightly firmer.

The US dollar rose and US bond yields rose amid some strong US economic data, equities slightly firmer.

The US dollar rose following comments from new economic advisor Kudlow that Trump favoured a stronger dollar. Commodity currencies AUD, NZD and CAD were the worst performers, perhaps weighed down by the US’ protectionist stance. Equities are slightly lower, bond yields slightly higher.

The US dollar rose following comments from new economic advisor Kudlow that Trump favoured a stronger dollar. Commodity currencies AUD, NZD and CAD were the worst performers, perhaps weighed down by the US’ protectionist stance. Equities are slightly lower, bond yields slightly higher.

A slightly risk averse mood permeated markets overnight, US bond yields and equities slightly lower. US tariff proposals targeting China, a GDP prediction downgrade, and disappointing retail sales data partly explained the moves.

A slightly risk averse mood permeated markets overnight, US bond yields and equities slightly lower. US tariff proposals targeting China, a GDP prediction downgrade, and disappointing retail sales data partly explained the moves.

A slightly risk averse mood permeated markets overnight, US bond yields and equities slightly lower. US tariff proposals targeting China, a GDP prediction downgrade, and disappointing retail sales data partly explained the moves.