Earnings Continue to Overshadow China's Clampdown
NewsWare‘s Trade Talk

Earnings Continue to Overshadow China’s Clampdown

2021-08-03
Markets are edging higher this morning along with the 10-year US Treasury yield, while the dollar has ticked lower against major peers. In spite of what’s been rather robust second quarter corporate earnings, for some commentators, the months-long advance in Treasuries is an indicator of a weaker period that lies ahead for economic reopening from the health crisis. Key US jobs data to be released this week will serve as a gauge for the recovery and help to monitor the impact of price pressures ignited b...
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