New Overnight Developments Abroad - Daily Update
Lessening Appetite for Riskier Assets
May 29, 2024
Disinflation has seemingly stalled. West Texas Intermediate oil has a price back above $80 per barrel. U.S. consumer confidence dealt an unwelcome upside surprise yesterday, and news from the Middle East keeps getting worse. All this is good for the U.S. dollar, which rose overnight by 0.3% against the Australian and New Zealand dollars, 0.2% […] More
