The US Dollar Index last week slumped to its lowest level in over two-and-a-half years, boosting returns in foreign bonds. Non-dollar corporate bonds topped the performance list among the major asset classes, based on a set of exchange traded products. Notably, the top-four market performers for last week are offshore fixed-income funds.
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Daily Archives: September 11, 2017
Macro Briefing: 11 September 2017
Hurricane Irma will take a bit out of Florida’s economy: CNN Money
Will global warming increase hurricane risk? Bloomberg
Inflation in China rises to fastest pace since Jan: RTT
Will oil rebound to $80/bbl? Fuhgettaboutit: Oil.com
GDPNow’s US Q3 GDP forecast ticks up to 3.0%: Atlanta Fed
NY Fed US Q3 GDP now cast eases to 2.1%: NY Fed
US Dollar Index fell to lowest since Jan 2015 last week: CNBC