New Overnight Developments Abroad - Daily Update
Rout of Stocks and Bonds Intensifies, Sending the Dollar to Fresh Two-Decade High
September 1, 2022
Manufacturing purchasing manager surveys for August showcased real-sector pain from elevated inflation and supply delays. Such also reveal some progress on the inflation front (but not enough so for central bankers to halt their counter-attack to restore price stability). Equity markets in the Pacific Rim fell by 2.3% in South Korea, 2.0% in Australia, 1.9% […] More
