Nominees for Fed Board
Unorthodox Appointments, Service Sector PMIs, and an Early Market Close in the United States
July 3, 2019
The dollar recorded scant net change Wednesday aside from 0.6% declines against the Australian and New Zealand dollars. Share prices fell 1.1% in China and 0.5% in Japan but were buoyed in Europe and the United States by some unexpected key appointments that investors are perceiving as a harbinger of more forceful easy money policies. […] More