service sector purchasing managers surveys

Upward Bounce in the Dollar

September 3, 2020

Dollar advances today amount to 0.6% against the Australian dollar and sterling, 0.5% versus the Canadian and New Zealand dollars, and 0.3% relative to the yen and euro. A new high in the dollar was touched against Turkey’s lira after investors learned that Turkish reserves have drained to a 15-year low. The Russian ruble is […] More

Dollar and Sovereign Debt Yields Up, but Equities Mostly Down

March 5, 2019

Overnight gains in the dollar amount to 0.6% versus sterling, 0.5% relative to the kiwi, 0.4% vis-a-vis the loonie, and 0.3% against the euro, Swiss Franc and Australian dollar. Ten-year sovereign debt yields climbed two basis points in Germany and the United States and a basis point in Japan. Stock markets fell 0.7% in Indonesia, […] More

Geopolitics, Not PMI Data, Attracting Attention Today

June 5, 2017

Middle East tensions swelled further as Saudi Arabia, Bahrain, the U.A.E. and Egypt broke off diplomatic relations with Qatar. The weekend terrorist attack in London took a new turn, as President Trump used the opportunity to reiterate several positions that he has taken. He said the incident proved the need for the originally proposed 90-day […] More