Archive for January 4th, 2015

Deeper Analysis

December U.S. and Euroland Manufacturing Purchasing Manager Surveys

January 4, 2015

The U.S. PMI fell 3.2 points to a six-month low of 55.5.  55.5 is sufficiently above the 50 demarcation between expansion and contraction to convey continuing robust growth in factory activity.  December’s drop was powered by declines of 8.7 points in orders, 5.6 points in production and 6.0 points in prices. Euroland’s factory PMI rose […] More

Foreign Exchange Insights and Next Week

This Week

January 4, 2015

The first full calendar week of 2015 will be loaded up with with data releases.  Aside from numerous purchasing manager surveys covering manufacturing, services, construction and retail activity, Industrial production figures arrive for Hungary, Norway, Malaysia, Germany, Spain, France, Denmark, Sweden, Britain, Mexico and the Czech Republic. Consumer prices get released by Germany, Thailand, Cyprus, […] More

Deeper Analysis

December and 2014 in Figures

January 4, 2015

Substantial declines were posted in 10-year sovereign debt yields both in December and in calendar 2014.  British share prices stagnated, but other equity markets performed very well.  The three-month eurilibor interest rate fell 21 basis points last year, and Swiss short-term rates moved below zero.  The dollar experienced once of its best years, posting similar […] More

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