US Fed member Evans commented overnight on how he believes the Fed should consider scaling back the pace of it asset purchasing program, however this failed to spark currency markets as analysts note a stalling prior to a host of central bank releases later this week. US treasuries remained unchanged overnight in an uneventful trading session whilst Commodities were stronger overnight largely due to a slightly weaker USD.

CLICK HERE to download the Market Report

Comments from ECB officials reignited discussion surrounding the next rate move on Friday, causing the EUR to weaken. The EUR hit a brief low below 1.2800 against the USD on Friday night before closing at 1.2838. US treasuries were sold off on Friday night following the stronger than expected University of Michigan confidence reading. Commodities were mixed on Friday night with better than expected US consumer confidence lifting prices before the stronger USD cut into the gains.

CLICK HERE to download the Market Report

The US currency swang between gains and losses in a volatile session overnight, before strengthening against the euro and the yen. US long term treasuries prices rallied on Thursday as weak US housing, manufacturing, jobs and prices data raised concerns about the world largest economy strength. World crude oil prices edged up on Thursday, lifted by a weaker US dollar.

CLICK HERE to download the Market Report

The US dollar rose to a six week high against the Euro on Wednesday after the data showed unexpectedly large contraction in the euro zone growth, rising expectations for more monetary easing by the ECB. US long term treasuries prices eased again on Wednesday as more traders shifted away from defensive investments like bonds to equities. World crude oil prices rose on Wednesday as US equities rallied to record highs and in response to a surprising fall in US oil inventories.

CLICK HERE to download the Market Report

The US dollar continued to lift against major currencies in European and US trade on Tuesday. US long term treasuries prices slid again on Tuesday, lifting benchmark yields to seven week highs as global investors shifted away from gold and bonds to equities. World crude oil prices fell on Tuesday in response to a firmer US dollar and after world oil supplies were reported as “comfortable” by the American Petroleum Institute and analysts forecast a continued build in the US crude inventory.

CLICK HERE to download the Market Report