Market wrap: antipodeans elevated - Westpac

Analysts at Westpac offered a market wrap.

Key Quotes:

"Global market sentiment: The US dollar preserved recent losses, keeping the AUD and NZD elevated. The GBP outperformed after the BOE shifted to a neutral stance. Equities and oil extended lower.

Interest rates: US 10yr treasury yields consolidated recent losses, ranging between 1.79% and 1.83%, and waiting for tonight’s important jobs data. 2yr yields ranged between 0.80% and 0.82%.

Currencies:  The US dollar index is down 0.3%. EUR fluctuated between 1.1060 and 1.1125. Out performer GBP rose from 1.2350 to 1.2494 – a one-month high. USD/JPY ranged between 102.60 and 103.31. AUD continued to probe the upside, trading as high as 0.7685. NZD rose to 0.7334 – a fresh six-week high. AUD/NZD probed the downside, trading as low as 1.0476."