Deeper Analysis
Manufacturing in The United States and Euro Area Diverges Significantly Further
April 2, 2012
The U.S. manufacturing purchasing managers index rose a whole point to 53.4 last month, led by an increase in production of 3.0 points to 58.3 and 2.9-point improvement in jobs to a score of 56.1. In the euro area, by contrast, the PMI measure dropped 1.3 points to 47.7, with production sliding 1.5 points to […] More
Deeper Analysis
Japanese Tankan Corporate Survey Not as Upbeat as Hoped
April 2, 2012
10,894 companies participated in the latest quarterly survey done by Japan’s central bank. In the table below which documents the evolution of results, abbreviations used in the first four columns of data stand for big manufacturers (Bm), big non-manufacturer (Bnm), small manufacturers (Sm) and small non-manufacturers (Smn). Where an “a” or no suffix is shown […] More
New Overnight Developments Abroad - Daily Update
Lots of New Data for Markets to Digest
April 2, 2012
China’s two purchasing manager surveys send conflicting signals. Euroland unemployment rises to another record high. Bank of Japan quarterly business survey produces somewhat disappointing results. Mixed array of manufacturing PMI statistics. Euroland finance ministers agreed to an EUR 800 billion (over $1.05 trillion) increased war chest of rescue funds. On this first business day of […] More
