Global market recap - ANZ

Analysts at ANZ explained the key factors of Tuesday's events.

Key Quotes:

"Equities pushed higher amid strong US corporate earnings – 82% beating forecasts. Bond yields fell after BoJ maintained its expansionary monetary policy stance."

"Year-to-date most global indices are up 5-8%. The dovish BoJ saw the US treasury curve bull flattened with the long end down about 3bps and the front stable."

"The USD hit its lowest valuation since 2014 with JPY, CHF & NZD all outperforming. The AUD weakened against all of the G10 as iron ore prices came under pressure."

"Energy prices – specifically oil - continued to climb with US crude stockpiles further reduced."