Safe Haven Demand Rises
The dollar is advancing for a fourth session and Treasury yields are coming under pressure as uncertainty surrounding European political upheaval intersects with broader concerns over US policy direction heading into tomorrow’s inflation data and Federal Reserve meeting. North American equity futures are setting up for a weaker session and risk-proxy currencies like the Canadian dollar are drifting lower. The British pound is trading with a weaker bias after a softer-than-expected labour report helped firm odds on an easing in monetary policy by the autumn. According to the Office for National Statistics, unemployment climbed to a two-and-a-half year high at...