The US dollar is lower following the release of tame US CPI data as well as news that the Secretary of State had been suddenly replaced.

The US dollar is lower following the release of tame US CPI data as well as news that the Secretary of State had been suddenly replaced.

US bond yields and the dollar fell slightly during an overnight session devoid of major news for markets.

US bond yields and the dollar fell slightly during an overnight session devoid of major news for markets.

US jobs data was strong, and Trump agreed to meet Kim Jong Un, helping lift equities (S&P500 +1.7%, Nasdaq +1.8% to a record high), commodities and bond yields. The US dollar was muted though.

US jobs data was strong, and Trump agreed to meet Kim Jong Un, helping lift equities (S&P500 +1.7%, Nasdaq +1.8% to a record high), commodities and bond yields. The US dollar was muted though.

ECB press conference comments caused a negative reaction in the EUR, which rippled to other currencies, and bond yields.

ECB press conference comments caused a negative reaction in the EUR, which rippled to other currencies, and bond yields.

US equities fell following yesterday’s trade-related news – the resignation of the top US economic adviser, plus a clampdown on Chinese investment and trade. Commodities fared poorly, while the US dollar and bond yields were only modestly affected.

US equities fell following yesterday’s trade-related news – the resignation of the top US economic adviser, plus a clampdown on Chinese investment and trade. Commodities fared poorly, while the US dollar and bond yields were only modestly affected.