US equities remained elevated and stalled ahead of tomorrow’s Fed statement. The S&P500 is currently up 0.1% and at a fresh record closing high, bond yields and commodities are higher, while the AUD and NZD currencies are slightly lower.

US equities remained elevated, on track for a fresh closing record high, helped by expectations of an accommodative Fed statement this week. The S&P500 is currently up 0.3%, and risk-sensitive currencies are higher. Bond yields were little change though.

US equities fell in response to reports that Pres. Biden will propose an increase in capital gains tax for the wealthy, the S&P500 currently down 0.9%. Bond yields also fell in response, while risk-sensitive currencies extended declines.

US and European equities rebounded, the S&P500 currently up 0.9%. Risk sensitive currencies rose slightly, while bond yields were fairly stable. There was little market-moving news. Canada’s central bank reduced its QE pace.

US and European equities fell for a second consecutive day, the S&P500 down 0.7%. Bond yields also fell, while the defensive US dollar rose. The WHO warned that the pace of pandemic infections is rising in some countries at an alarming rate.

Having made fresh record highs on Friday, US equities fell overnight amid proposed legislation which would crimp tech companies. The S&P500 is currently down 0.50%. That sentiment didn’t affect other asset classes much, though, with the defensive US dollar falling and bond yields rising slightly.

US equities again made fresh record highs, the S&P500 closing up 0.4%. Currencies were mixed, the AUD and NZD underperforming. Bond yields were little changed.

US equities made fresh record highs following some strong economic data, the S&P500 currently up 1.0%. Risk-sensitive currencies rose. Bond yields surprisingly fell, perhaps affected by geopolitical tensions involving Russia.

US equities initially made record highs but then slipped, the S&P500 currently down 0.3%. The US dollar fell further, while bond yields rose slightly. There were no obvious news catalysts.

US equities extended their run, the S&P500 currently up 0.3% and at a fresh record high. The US dollar fell after CPI inflation data was only slightly stronger than analysts had forecast. US bond yields fell after the data, and again after a solid bond auction.