Breakdown of global markets - ANZ

Analysts at ANZ offered a breakdown of global markets.

Key Quotes:

"Despite further modest underperformance of US tech stocks (NASDAQ: -0.2%), the S&P 500 closed unchanged as it managed to grind higher through the trading session following early losses. M&A activity provided some support. 

However, on the back of some disappointing economic data (lower housing starts and a fall in consumer confidence), treasuries strengthened modestly and the USD weakened. 

The yield on the 10-year note fell 2bp to 2.15%.

Over in Europe, equity markets performed solidly, with the Euro Stoxx, DAX and CAC rising 0.5%, 0.5% and 0.9% respectively. Oil prices posted a modest bounce (WTI +0.6%). 

However, they were still down over 2% for the week. The broader CRB futures index posted a 0.2% lift."