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- Wall Street was weaker into the close, with all three indices trading -1.2% late in the session as markets turned cautious ahead of key earnings and data releases. U.S. 10-year yields eased to 4.13%, while Brent crude held steady near $64.30/bbl. The USD strengthened broadly, pushing AUD/USD toward the lower end of its 0.6482–0.6537 range.
- Asian markets opened the week softer — Hang Seng -0.8%, Shenzhen -0.7%, Nikkei -0.1% — while the ASX 200 was flat. AUD/USD dipped to 0.6512 before recovering into the London session.
- European equities opened lower: Stoxx -0.3%, CAC -0.2%, DAX -0.1%, FTSE -0.1%, as the USD stayed firm. EUR/USD hovered near 1.1600 lows, while GBP/USD held closer to 1.3172 highs.
- Ahead of the NY session, USD strength continued: AUD/USD fell to 0.6509, EUR/USD to 1.1592, and USD/JPY climbed to 154.92. GBP/USD was the exception, lifting to 1.31915.
- Data releases included US Empire Manufacturing (18.7 vs 5.8 exp), Canada CPI (0.2% MoM, 2.2% YoY), and US Construction Spending (+0.2%), all supporting USD upside.
- Into late NY trade, USD/JPY surged through 155.00 to 155.315 highs, while AUD/USD tested 0.6482 lows as USD strength persisted.
General Market
Wall Street
- Dow Jones: -1.1% to 46,609
- S&P 500: -0.9% to 6,672
- Nasdaq: -1.1% to 22,640
- VIX: +12.9% to 22.38
Asia-Pacific
- ASX 200: 0.0% to 8,636
- Shanghai Composite: -0.5% to 3,972
- Nikkei: -0.1% to 50,324
- Hang Seng: -0.8%
Europe
- FTSE: -0.2% to 9,675
- DAX: -1.2% to 23,591
- CAC: -0.6% to 8,119
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