New Overnight Developments Abroad - Daily Update
Head-Scratching Time as Financial Markets Emerge from Inconclusive War in Fine Shape, Await June Jobs Data and Take in America’s Semiquincentennial Milestone
July 2, 2026
The dollar gave back a little ground overnight but remains elevated in the context of this century’s general experience. The U.S. currency lost 0.7% against the yen but remains close to a four-decade peak. The euro edged up 0.2% but is closer to its all-time low of $0.8230 touched in 2000 than the high of […] More
New Overnight Developments Abroad - Daily Update
A New Quarter, Old Issues, and the Data Release Drum Beats On
July 1, 2026
The optimistic rise of equities and bond prices at the end of the last quarter gave way to profit-taking as the new one kicked off. Equity markets in the Pacific Rim closed down 2.0% in South Korea and 0.6% in Australia and Hong Kong. Major European stock markets and futures trading of the four major […] More
