Global market snapshot: Friday's close and easing trade tensions - ANZ

Analysts at ANZ noted that equities gained on the back of easing trade tensions and subsiding concerns about rising US inflation (despite recent oil price gains). 

Key Quotes:

"Over the session, the S&P 500 was up 0.2% and the Dow Jones was up 0.4%. Emerging market stocks also rose. Owing to euro strength, European bourses were down marginally. But the FTSE rose 0.1%, despite sterling regaining some poise."

"The USD was flat, while the US 10-year yield held below 3.0% (closing at 2.97%)."

"Commodities slipped, as oil continues to consolidate."

"WTI eased 1.1%, although was up over the week following the withdrawal of the US from the Iran nuclear deal."

"Gold fell 0.2%."