Analysts at Westpac offered a market and economic wrap for the US session. Key Quotes: "Global market sentiment: Risk sentiment soured overnight, benefitting safe havens such as US treasuries and the yen. The S&P500 is down 1.1%, influenced by concerns about the US administration plus a terrorist attack in Barcelona. Interest rates: US 10yr treasury yields fell from 2.24% to 2.19%, 2yr yields from 1.34% to 1.30%. Fed fund futures yields slipped, pricing the chance of a December rate hike at around 40% (from 43%). Currencies: The US dollar index is up 0.1% on the day, initially recovering from the previous day’s ... (full story)