US equities fell as higher oil prices rekindled stagflation concerns. The S&P500 is down 1.1%, and bond yields and the defensive US dollar are slightly higher.

US equities rose, the S&P500 up 1.8%, and the defensive US dollar fell. Subdued labour data may have been read as Fed-friendly. Bond yields were contained.

Bond yields jumped following strong US economic data. The US dollar benefitted from higher yields, while equities fell, the S&P500 down 0.8%. Bank of Canada hiked by 50bp as was widely expected.

Equity markets in Europe and the US pared recent gains, the S&P500 down 0.6%. Currencies were mixed with little net movement, while bond yields rose slightly following strong European inflation data.

Physical US markets were closed, but equity futures indicated a further moderate gain in the S&P500, following a 0.9% gain in the Eurostoxx50. The USD and other safe-haven currencies again fell, while bond yields rose following strong German inflation data.

The US equity markets rebound continued, the S&P500 closing up 2.5%. The US dollar fell slightly, while bond yields were changed. There was little market-moving news.

US equity markets rebounded, the S&P500 currently up 1.0%. The US dollar is slightly higher, while bond yields are little changed. FOMC minutes indicated consensus on two more 50bp hikes, with a reassessment thereafter.

US equity markets fell sharply at the open and then partly recovered, the S&P500 currently down 0.8%. Bond yields fell with equities, later fuelled by some disappointing US data. Currencies were mixed and relatively contained.

Equity markets rose, partly helped by conciliatory comments from the US on trade with China, as well further stimulus announced by China. The S&P500 is currently up 1.6%, bond yields are higher, and the defensive US dollar is lower.

Equity markets were volatile, the S&P500 recovering from a 2.3% loss (and a one-year low) to close unchanged on the day. Bond yields fell, and the defensive US dollar rose. There was little major market-moving news.