The Street is bullish on EMS as it exclusively undertakes project tenders initiated by government or semi-government entities, financially backed by the World Bank and the Asian Development Bank
The US dollar index, which measures the currency against a basket of rivals, rose to a six-month high of 105.68. The US 2-year yield climbed to 5.20% and the 10-year reached 4.45%, the highest since 2006 and 2007, respectively.
Brent futures for November delivery fell 44 cents, or 0.5%, to $89.18 a barrel by 0010 GMT. U.S. West Texas Intermediate crude (WTI) CLc1 fell 49 cents, or 0.6%, to $89.17.
