Cameron
Tuesday’s Market Rebound Extended
June 29, 2016
European share prices have risen an additional 2.8% in Spain, 2.5% in France, 2.4% in the U.K. and Italy, 2.2% in Switzerland, 1.9% in Germany and 1.2% in Greece. Sterling is trading currently at $1.3421, up another 0.6% and 2.3% above the 30-year low seen on Monday. The dollar has also settled back 1.0% against […] More
Post-Brexit Market Moves Reversed Slightly Ahead of EU Council Meeting
June 28, 2016
The dollar settled back 0.9% against sterling and the kiwi, 0.8% versus the Australian currency, 0.7% relative to the loonie, and 0.6% vis-a-vis the euro and yen. The yuan and Swiss are mostly unchanged. Emerging market currencies did better today as well. Ten-year sovereign debt yields rebounded six basis points in the U.K., 3 basis […] More
