Global market snapshot: equities and dollar rise - ANZ

Analysts at ANZ explained that equities rose and USD continued its upward trend, with US economic outperformance in focus. 

Key Quotes:

"The unemployment rate dipped to 3.9% from 4.1%, which drew the attention of markets, despite slightly weaker-than-expected employment growth and a dip in earnings growth."

The USD responded, continuing its recent rally."

"Equities rose in broad-based gains, with the S&P 500 up 1.3%, but down over the week. In Europe, equities were up 0.6-1%, but the euro slipped on European PMI data, which failed to impress."

"The bond market was little changed, with the US 10-year note trading just under 2.95%."

"Oil prices continued its firm trend with WTI up 1.9% to the highest level in three years as markets speculate about re-imposition of US sanctions on Iran. Gold gained 0.2%."