Global Insights – Aug 20th

Posted by Kevin Konar, RBC

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»» Safe-haven government bonds sold off, and yields jumped to the highest levels in two years on improved European and U.S. economic reports.

»» New data show foreigners sold U.S. assets at nearly a record pace as markets reacted to the Fed’s tapering strategy. (page 3)

»» Global Roundup: Developments in Canada’s preferred share market; analysis of eurozone and U.K. economic surprises; earnings highlights in Asia. (pages 3-4)

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