News Snapshot:
US and European equity markets show modest changes, trading near their record highs set at the end of last week while global rates are also little changed, although real rates have hit a record low. Currency markets show a bit more price action, with a broadly-based fall in the USD that helped the NZD regain the 0.70 handle overnight. The week opened with some nerves during the Asian trading session as China continued on a massive regulatory campaign to crack down on technology companies. This policy started last year with the cancellation of Ant Group’s IPO and has morphed into...
