Global equities and bonds are firmer in quiet turnover, and the dollar is narrowing mixed in narrow ranges. The big events of the week, the eurozone flash PMI and Powell's speech at Jackson Hole still lie ahead. The MSCI Asia Pacific Index rose for the third consecutive session, led by Korea and Australia's 1%+ gains. Europe's Dow Jones Stoxx 600 is firm and testing two-week highs. US equities are also trying to extend yesterday's gain. The rise in US yields yesterday dragged most of Asia Pacific higher, but the US 10-year slipped back from the test on 1.60%, and European yields are two-three basis points lower. The ... (full story)