Markets quiet overnight, dollar a touch softer - ANZ

Analysts at ANZ explained that it was a relatively quiet overnight session, in part due to some European markets out for a bank holiday. 

Key Quotes:

"After some modest weakness in Europe, US equity markets were broadly stable near all- time highs, with the S&P 500 currently down 0.1%. After rallying late last week on the disappointing payrolls report, US treasuries ground lower today (despite overnight US data being somewhat of a mixed bag). At the time of writing, the yield on the 10-year note was 2bps higher at 2.18%."

"Oil prices have done a round trip over the past 24 hours, with diplomatic tensions between some key Middle Eastern producers causing prices to spike yesterday, only to reverse that move overnight. Brent prices are currently down 1.1% at $49.4/bbl. In currencies, the USD was a touch softer overall, with weakness most pronounced against the AUD and GBP."