Economic data in the US and Europe overnight was mixed, leaving European currencies weaker, while bond yields drifted lower.

Similarly to the previous day, US data (in this case US GDP and private payrolls) was weaker than expected, causing the US dollar and bond yields to fall. Equities again rose on reduced Fed rate hike expectations, the S&P500 up 0.4%.

US job openings and consumer confidence were weaker than expected, causing the US dollar and bond yields to fall sharply. Equities rose on reduced Fed rate hike expectations, the S&P500 up 1.5%.

Bond yields fell slightly during a lacklustre session, with no major news for markets, and the UK on holiday. Currencies were little changed, while the S&P500 rose 0.5%.

The US dollar and bond yields fell after US and European activity indicators were softer than expected. The S&P500 is up 1.1%.

Currencies and bonds were rangebound in a session bereft of major news, and the S&P500 closed unchanged.

The US dollar remained elevated, while bond yields receded slightly, with little fresh news for markets to digest. The S&P500 is down 0.8%.

The US dollar and bond yields rose further, helped by US economic data. FOMC minutes contained little new. The S&P500 is down 0.8%.

Bond yields were volatile for little net change, while risk sensitive currencies were slightly weaker. The S&P500 is down 1.2%. US retail sales data was stronger than expected, and Fedspeak was hawkish.

Bond yields and the US dollar continued to rise, with little fresh news for markets to digest. The S&P500 is up 0.5%.