Deeper Analysis
Strong Factory Growth Acceleration in Both Ezone and U.S.
January 3, 2017
The Institute of Supply Management’s U.S. manufacturing purchasing managers index climbed 1.5 points in December to a two-year high of 54.7. Markit Economics’ U.S. factory-sector PMI told a similar story, printing at a 21-month peak of 54.3 in the final month of 2016. The euro area PMI in manufacturing, compiled by Markit Economics, rose almost […] More
New Overnight Developments Abroad - Daily Update
More Surprises
January 3, 2017
German inflation accelerated sharply in December. The Chinese manufacturing purchasing managers index compiled by Caixin rose a full point to a 47-month high of 51.9 in December. The production subindex reached its best level since January 2011. A Kuwaiti decision to reduce oil production sent WTI crude up 2.1% to $54.87 per barrel, highest since […] More
