Global equities rally with positive sentiment - ANZ
Analysts at ANZ explained that Global equities rose, with positive sentiment through the Asian session carrying through to Europe and the US. Major bourses rose 0.3%-1%.
Key Quotes:
"The S&P 500 lifted to a new record high (and is flirting with the 2600 level), with IT and healthcare stocks leading gains. In fixed income, the treasury curve continued to flatten with 2 year yields up 2bps and 10 year flat."
"The USD was generally on the back foot against the G10, with NOK leading gains. CAD and MXN also rallied after the head of Mexico’s business chamber said NAFTA deals on telecom, energy and e- commerce are nearing completion, although that has not been officially confirmed. Commodities were generally boosted by the weaker USD, with WTI oil prices up 0.6%. The CRB index rose 0.4%, while gold lifted 0.4%."