New Overnight Developments Abroad - Daily Update
Friday’s Sharp Market Shifts Remain Largely Intact
November 6, 2023
The markets saw a more dovish message from last Wednesday’s Federal Reserve press conference than I and were therefore preconditioned to react to Friday’s weaker-than-forecast U.S. jobs report and ISM services and composite purchasing manager survey results, which sent equities soaring and both the dollar and long-term interest rates falling. In the Pacific Rim, share […] More
