Finance Am

Amid little major news for markets, the US dollar weakened slightly, while bond yields rose slightly. The S&P500 is up 0.3%.

US bond yields and the US dollar rose after surveyed US inflation expectations were stronger than expected. The S&P500 close down 0.2%.

Sentiment weakened slightly amid headlines on US banks and some softer US economic data. The S&P500 is down 0.2%, bond yields are slight lower, and the USD is higher. The BoE hiked as expected.

US CPI inflation data was slightly softer than expected, causing bond yields to fall sharply. The US dollar weakened slightly, while equities welcomed the result (S&P500 +0.5%).

Bond yields and the US dollar rose, and equities fell (S&P500 down 0.4%), with little major news for markets to digest.

Bond yields rose further, as Friday’s jobs strong jobs data continued to resonate, and credit conditions were not as weak as feared. Risk sensitive currencies outperformed defensive ones. The S&P500 is up 0.1%.

Risk sentiment was boosted by strong US jobs data. The S&P500 closed up 1.9%, bond yields rose, and the defensive USD fell.

US banking sector concerns weighed on risk sentiment, the S&P500 down 0.7%. Short maturity bond yields fell, while currencies were mixed. The ECB and Norges both hiked by 25bp as was expected.

The US Federal Reserve hiked by 25bp, as was widely expected, and hinted at a pause. Bond yields fell slightly in response, while equities also fell (S&P500 -0.7%). The US dollar weakened ahead of the decision, with little change afterwards.

Markets adopted a risk averse posture overnight amid growing concerns about US regional banks and some weak US job openings data. The S&P500 is down 1.1% and bond yields are lower.

Stronger US manufacturing data helped push bond yields and the USD higher. Equities are little changed.

Amid month-end rebalancing, equities rose and bond yields fell, the latter also affected by concerns about US bank First Republic. Currencies were mixed.

Equities rose after strong earnings results from technology companies, the S&P500 up 1.9%. US GDP data disappointed, although the inflation component rose, the latter causing bond yields to rise. Risk-sensitive currencies outperformed.

Markets remained in a risk-averse mood, banking sector concerns persisting. The S&P500 is down 0.5%, and AUD and NZD are lower.

Markets adopted a risk-averse posture, amid some weaker activity data and lingering banking sector concerns. The S&P500 is down 1.6%, the defensive USD is higher, and bond yields are lower.

Interest rates rose after strong economic activity readings in the US and elsewhere. The USD ended little changed, although AUD and NZD underperformed, and equities were modestly firmer.

Interest rates fell amid weaker US and German economic data. The USD is slightly lower, and the S&P500 is down 0.9%.

The USD and interest rates rose slightly, while equities were little changed. Global bond markets reacted to stronger than expected UK inflation data.

The USD retreated slightly amid limited news flow, while equities were little changed and bond yields were mixed.

Bond yields and the USD rose after some hawkish Fedspeak and a rise in inflation expectations. The S&P500 fell 0.2%.