Analysts at ANZ Bank New Zealand Limited explained that US equities swung but are higher after European shares erased most losses in their afternoon. Key Quotes: “This month’s equity rout is all just “a little pause” according to a Trump tweet overnight. Real estate and consumer staples were the best performing sectors of the S&P 500, boosted by strong US consumer confidence. In Europe peripheral bond yields pushed higher (Italy 10-year +14bp, still 21bp off its 18 October high) with core yields little changed, while US Treasury yields are marginally higher.” “AUD and NZD squeezed higher.” “Near-term Brent oil is down 2.1%, with Saudi saying they were ready to boost crude production and spare capacity, while WTI is down 1.5% at the time of writing.” “Gold is currently down 0.5% to USD1223/oz.” “All eyes will be on earnings reported after the bell today to see if stocks can continue to push higher.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next BoC’s Poloz: Policy rate will need to rise to neutral to achieve our inflation target FX Street 4 years Analysts at ANZ Bank New Zealand Limited explained that US equities swung but are higher after European shares erased most losses in their afternoon. Key Quotes: "This month's equity rout is all just "a little pause" according to a Trump tweet overnight. Real estate and consumer staples were the best performing sectors of the S&P 500, boosted by strong US consumer confidence. In Europe peripheral bond yields pushed higher (Italy 10-year +14bp, still 21bp off its 18 October high) with core yields little changed, while US Treasury yields are marginally higher." "AUD and NZD squeezed higher." "Near-term Brent oil… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
