Deeper Analysis
Latest PMI Evidence on U.S. and Ezone Manufacturing Conditions
June 1, 2018
Even though the dollar posted its strongest monthly average in May since last November, the U.S. minus Euroland manufacturing purchasing managers indices swung 2.1 points further in favor of the United States. This created the most U.S.-advantageous differential since the end of 2014. The Institute of Supply Management’s U.S. PMI rose 1.4 points to a […] More
Foreign Exchange Insights and Next Week
Next Week
June 1, 2018
Central Banks: Monetary policy meetings scheduled in India, Australia, Poland, Serbia, Turkey and Peru. Bank of Canada Governor Poloz speaks publicly. Holidays and G7 Events: Queen’s Birthday observed Monday in New Zealand and South Korea’s Memorial Day on Wednesday. Finance ministers and central bank heads from the Group of Seven wrap up their meeting this […] More
New Overnight Developments Abroad - Daily Update
Even Ominous Reductions of Uncertainty Bring Market Relief
June 1, 2018
Share prices in Europe have rallied 2.6% in Italy, 2.0% in Greece, 1.8% in Spain, 1.4% in Switzerland, 1.2% in France, 0.9% in Germany, and 0.7% in Great Britain. A higher stock market open is indicated in the United States. Overnight results in the Pacific Rim were mixed, with stocks rising 0.7% in South Korea […] More
