Archive for October 27th, 2020

New Overnight Developments Abroad - Daily Update

Investors Take a Deep Breath but Yesterday’s Concerns Persist

October 27, 2020

U.S. stocks suffered through their most difficult day in two months yesterday, but futures point to a higher open on Tuesday. The dissipation of extreme risk aversion has been predictably accompanied by modest dollar deprecation today. The greenback slid overnight by 0.4% against the kiwi, 0.3% versus sterling and the loonie, 0.2% vis-a-vis the euro […] More