New Overnight Developments Abroad - Daily Update
Fresh Information
June 11, 2026
World financial markets were hit by several new developments this Thursday. On balance, equities are up, and 10-year sovereign debt yields are down. But these moves were trimmed after the announced rise in U.S. PPI inflation exceeded expectations. The dollar has not been affected much at all. The latest U.S. military operation against Iran has […] More
New Overnight Developments Abroad - Daily Update
Escalating Middle Eastern Hostilities & Several Price Data Releases
June 10, 2026
Investors are in a risk-off mood this Wednesday. Two-way military strikes by the United States and Iran have followed President Trump’s threat that Iran will now “pay a price” for dragging its feet in diplomatic talks to end the conflict. But the United States is also paying a price. The major U.S. equity indices in […] More
New Overnight Developments Abroad - Daily Update
A Quick Escalation Then De-escalation of Middle East Tensions Over the Weekend
June 8, 2026
(136) The pulpable spike in market anxiety late last week could have become worse today after Iran and Israel traded missile strikes over the weekend, but Iran just as suddenly announced an end to that operation. U.S. President Trump, as he often does, then expressed optimism that a peace deal may be close. This backdrop […] More
New Overnight Developments Abroad - Daily Update
Strengthening Case for the Federal Reserve to Lift Interest Rates
June 5, 2026
The U.S. Labor Department’s monthly employment situation report for May depicts a stronger labor market situation than realized. A 172k jump in nonfarm payroll jobs was more than double consensus expectations. In addition to upward revisions to the increases in March and April totaling 93k brings the latest three-month average to a robust 188k and […] More
New Overnight Developments Abroad - Daily Update
Softer Dollar, Bitcoin and Oil Price; Mixed Equity Moves; and Lower Sovereign Debt Yields
June 4, 2026
Middle Eastern geopolitics continues to impact financial market activity in multiple ways. There is the guessing game about when an enduring ceasefire and will be reached, which pivots with each ensuing pronouncement from officials or rumor/news scoop that hits the wires. Seemingly lost in this focus on the timing of a deal is the reality […] More
New Overnight Developments Abroad - Daily Update
Stronger Dollar
June 3, 2026
The dollar has benefitted from solid U.S. economic data and fresh doubts that peace and shipping traffic will be restored in the Middle East. The biggest dollar gains overnight involved 0.7-1.0% rises against the won, peso, kiwi and rupiah as well as lesser 0.2-0.5% advances relative to the euro, Swiss franc, Aussie dollar, loonie and […] More
New Overnight Developments Abroad - Daily Update
Strengthening Case for Tighter Monetary Policies
June 2, 2026
This has been another day without the cause of peace being enhanced. Traffic through the Strait of Hormuz remains mostly non-existent. Russia has escalated military bombardments of Ukraine. It remains unclear whether Israel will heed calls for it to deescalate its war in Lebanon. There has been a direct link between the geopolitical strife in […] More
New Overnight Developments Abroad - Daily Update
June Brings a Different Tune in Expectations about When Hormuz Will Reopen
June 1, 2026
(137) Given last week’s optimistic mood regarding negotiations for a lasting ceasefire and reopening of the Strait of Hormuz, todays dour mood has seemingly descended on the financial community without warning. On closer inspection, the shifting prospects for a “deal” was predictable and inevitably timed. Overly optimistic forecasts especially from the U.S. side have happened […] More
