Deeper Analysis
August 2022 in Figures
August 31, 2022
The month of August served as a reality check to July’s fantasy that decades’ high inflation around the world could be doused successfully, speedily, and lastingly with only modest shock to the real economy. As a result, sharp increases in most long-term interest rates, big drops in share prices, and commodity price declines were experienced […] More
New Overnight Developments Abroad - Daily Update
Dollar Trading Near 20-Year High as Markets Digest Data Storm
August 31, 2022
The dollar rose overnight by 0.5% against the Swiss franc and 0.4% versus sterling and continues to hover around parity with the euro. Equity markets closed down 0.8%, 0.6% and 0.4% in China, Singapore and Japan but climbed 2.7% in India and 1.0% in Taiwan. European stock markets are moderately lower, while U.S. share prices […] More
