Archive for January 5th, 2024

New Overnight Developments Abroad - Daily Update

Solid U.S. Employment Report and Soft European Data

January 5, 2024

Just before U.S. jobs figures were released this morning, The dollar showed modest overnight gains of 0.3% against the yen, Swiss franc, Turkish lira and Australian dollar, 0.2% versus the euro and kiwi, and 0.1% relative to sterling and the Canadian dollar. Ten-year sovereign debt yields were 7 basis points higher in the U.K. and […] More

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