New Overnight Developments Abroad - Daily Update
Perfect Storm: Tariff D-Day, U.S. Labor Market Shocker and A Lot of Other Data to Digest
August 1, 2025
It’s been a bad day for the dollar and equities. The weighted DXY dollar index has sunk 1.2%, led by 1.3% drops against the euro and Japanese yen and a 1.0% drop against the Swiss franc so far. The greenback has also fallen 0.7% relative to the Australian dollar and 0.5% versus sterling and the […] More