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6 Mar 2018
Global wrap: mixed risk sentiment and markets - ANZ
Analysts at ANZ explained that the USD weakened throughout the European trading session as concerns continued to linger about possible heightened trade friction.
Key Quotes:
"Risk appetite got a boost on news that possible progress is being made in talks with North Korea. European equity markets were broadly steady, with the DAX up 0.2%, the CAC 40 up 0.1% and the FTSE 100 0.4% higher."
"At the time of writing the S&P 500 is off 0.1% and the Dow -0.2%. The yield on the US 10-year note is little changed at 2.88%."
"Oil is off slightly (WTI -0.1%) and gold is firmer despite the decline in risk aversion, up 1.1%, in a steady climb to USD1335.7/oz at the time of writing.