Inflation and Industrial Production Headline Busy Day of Data Releases and Central Bank News

Today has been a difficult day for stocks and bonds. Hong Kong’s Hang Seng index closed 2.0% lower, and the German, French, Italian, and Spanish stock markets are each down over 1.0%. U.S. stock futures were down 0.5-1% prior to the U.S. open. Ten-year sovereign debt yields had advanced by seven basis points in Italy […]

Today has been a difficult day for stocks and bonds. Hong Kong’s Hang Seng index closed 2.0% lower, and the German, French, Italian, and Spanish stock markets are each down over 1.0%. U.S. stock futures were down 0.5-1% prior to the U.S. open. Ten-year sovereign debt yields had advanced by seven basis points in Italy […]