Archive for July 4th, 2008

New Overnight Developments Abroad - Daily Update

New Developments Abroad: Unexpected May Drop in German Orders

July 4, 2008

The dollar is unchanged against the euro and sterling, 0.1% weaker against the yen, Swissy and kiwi, off 0.2% against the C-dollar and -0.3% versus the A-dollar. Ten-year sovereign bond yields have fallen by 3 basis points in Britain, 2.5 bps in Japan, and 2 bps in Germany.  The U.S. will be closed for Independence […] More