Archive for December 25th, 2008

New Overnight Developments Abroad - Daily Update

New Overnight Developments Abroad: Merry Christmas

December 25, 2008

Japan was one of only a few open markets. The Nikkei advanced 1.0%, Japan’s yield curve flattened, and ten-year JGB yields firmed a basis point to 1.215%. Christmas 2008 finds the dollar higher than on Christmas 2007 by 34.5% against sterling, 27.6% against the Australian dollar, and 23.5% against the Canadian dollar but down from […] More