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Analysts at ANZ offered a snapshot of global markets.
Key Quotes:
"Equities traded higher with treasury yields largely unchanged and the USD slightly bid. Oil rose a dollar but retreated and gold was unchanged."
"European bourses rose 0.4-1.0% with Germany’s DAX outperforming. Stocks in the US climbed (S&P 500 +0.4%) with the NASDAQ leading gains, up 0.6% but losing ground at the time of writing."
"Treasury trading was lacklustre, range bound within about 2bps of Friday’s close; European yields were down 1-2bp."
"The USD generally strengthened, particularly against emerging markets, but on lower volumes with the UK on holiday."
"Within the G10 moves were a little more disbursed with NOK, GBP, and NZD higher and the rest declining."
"Oil initially climbed with the 12 May Iran deadline looming but dropped sharply late in the session to be flat at the time of writing. Gold was unchanged at USD1314/oz."
