Markets responded reasonably positively to FOMC minutes - Deutsche Bank

FXStreet (Łódź) - As Jim Reid from Deutsche Bank points out, overall markets responded reasonably positively to the FOMC minutes, released yesterday, as perhaps the fear was that the minutes would show that the committee wasn't quite as dovish as Yellen has been of late.

Key quotes

"However this wasn't the main takeaway and the S&P 500 (+0.46%) edged higher after the release and ended up snapping a two day losing streak."

"Bonds were pretty flat which bucks the trend of the last 10 FOMC minutes where 10yr yields have traded higher."

"The minutes were released towards the end of the US session giving EM little chance to react."

"However there was a decent tone to LATAM bond and sovereign credit markets following the FOMC minutes."

"Gold closed near the highs of +0.65% and the US dollar index dropped 0.23%."