service sector purchasing managers surveys

Dollar and Sovereign Debt Yields Up, but Equities Mostly Down

March 5, 2019

Overnight gains in the dollar amount to 0.6% versus sterling, 0.5% relative to the kiwi, 0.4% vis-a-vis the loonie, and 0.3% against the euro, Swiss Franc and Australian dollar. Ten-year sovereign debt yields climbed two basis points in Germany and the United States and a basis point in Japan. Stock markets fell 0.7% in Indonesia, […] More

Geopolitics, Not PMI Data, Attracting Attention Today

June 5, 2017

Middle East tensions swelled further as Saudi Arabia, Bahrain, the U.A.E. and Egypt broke off diplomatic relations with Qatar. The weekend terrorist attack in London took a new turn, as President Trump used the opportunity to reiterate several positions that he has taken. He said the incident proved the need for the originally proposed 90-day […] More