Global markets awaited US CPI tonight - ANZ
Analysts at ANZ explained that it was a quiet day for markets with CPI the focus for tonight.
Key Quotes:
"Equites slid after posting early gains with treasuries unchanged and the US dollar biased slightly lower."
"Commodities declined. There were few catalysts for trading today with the US three and ten-year treasury auction coming in basically in line with market and a lack of data and headlines. US equities began the trading session higher before industrials led broad indices lower. Tech names were able to still edge out gains."
"European bourses ended the day higher with Euro Stoxx rising 0.3%, DAX up 0.6%, and CAC 40 unchanged."
"The US dollar was biased lower with GBP, CHF, and AUD rising 0.3%."
"CAD underperformed, falling 0.2%. Treasuries were largely unchanged and global yields traded within 1-2 bps range. Commodities dipped with oil off about 1.4% and gold slipping 0.2% to $1321/oz."