Maket wrap: dollar remains under pressure - ANZ

Analysts at ANZ explained that US equities ground higher, USD came under pressure, Treasuries were largely unchanged, and oil prices rose in a market wrap.

Key Quotes:

"The S&P 500 is up 0.3%, with nine of eleven sectors in the green. Materials, IT, and consumer discretionary stocks led gains."

"European equities also rose, with Euro Stoxx up 1.1%, CAC 40 up 0.7%, and DAX gaining 0.9%. The USD came under some pressure today, with the majors and emerging markets gaining on the greenback. USD/JPY continued to flirt with the 100 level while NZD settled above 0.73."

"The GBP rose just shy of 1.32. US Treasury yields were little changed after the two year auction saw decent demand. Elsewhere, the UK curve bull flattened with the 2-year down 0.4bp and the 30-year down 4.5bps."