Market wrap: treading water, dollar gives back - ANZ

Analysts at ANZ explained that Markets were relatively quiet on Friday with equities generally treading water, yields little changed, and the US dollar giving back some recent gains. 

Key Quotes:

"European and US data had minimal market impact, with most moves in the market mild."

"European bourses fell by 0.2- 0.5% while equities in the US were mixed with DJIA flat and S&P 500 up 0.2%. The US treasury curve moved less than 1bp, while Canadian yields fell after CPI figures disappointed. European yields rose a couple of bps."

"The dollar fell against most in the G10 with NOK outperforming. CAD fell 0.3% on weaker data as the market pared back central bank tightening speculation. Oil rose about 0.7%, although finished the week down 3.8%. Gold rallied to finish the week, rising to USD1256/oz."