Liquidation of both US equities (S&P500 -1.2%) and bonds was the main theme for a second consecutive day. Key concerns were the resurgent pandemic and looming US election. Currencies were relatively contained.

US equities partly retraced the previous day’s large decline, amid encouraging US economic data. The S&P500 is up 1.6%, and bond yields are higher. The normally defensive US dollar is also higher following the ECB’s dovish signals.

US and European equities plunged as Covid cases in both areas increased and further restrictions in Europe were announced. US election uncertainty and fiscal stalemate remained in the mix. The S&P500 is down 3.0% to a one-month low, and the defensive US dollar is higher, while bond yields are little changed.

Markets remained in a cautious mood, with mixed performances among asset classes. US equities are slightly lower, following a loss session in Europe, and bond yields are lower, while risk sensitive currencies are slightly higher.

Markets were in a risk-averse mood amid rising Covid cases and a fiscal talk stalemate in the US. The S&P500 is currently down 2.3%, bond yields are lower, and the defensive US dollar is higher.

Markets sentiment was mixed on Friday, with US stimulus talks continuing but not agreeing. The S&P500 closed up 0.3%, risk sensitive currencies were slightly higher, and bond yields were slightly lower.

Markets appeared to be in a slightly positive mood. While there was no progress on US fiscal stimulus, the US data was encouraging. The S&P500 is currently up 0.5%, and bond yields and risk sensitive currencies are higher.

Sentiment was moderately upbeat amid encouraging hints from talks on Brexit and US stimulus. Equities (and bonds) were restrained, the S&P500 up just 0.4%, but risk-sensitive currencies performed well, particularly the AUD, NZD and GBP.

US equity markets rose on optimism a US fiscal stimulus deal could be agreed soon, following signals from the key participants. The S&P500 is up 1.1%, and bond yields are higher, and the defensive USD is lower.

US equity markets fell amid a lack of progress on US fiscal stimulus negotiations. The S&P500 is down 1.4%, with bond yields and risky currencies reversing early gains.