Foreign Exchange Insights and Next Week
Next Week
March 1, 2019
Central Banks: Monetary policy reviews at the European Central Bank and in Australia, India, Poland, Malaysia, Turkey, Canada, Serbia, and Canada. Fed Beige Book of regional conditions will be published, and Brainard and Williams are two of the Fed officials speaking publicly. So will ECB President Draghi, Bank of England Governor Carney, Reserve Bank of […] More
Deeper Analysis
U.S. Manufacturing Conditions Grew Significantly more Slowly in February, Narrowing Edge Versus Euroland
March 1, 2019
The ISM-compiled U.S. manufacturing purchasing managers index declined 2.4 index points to 54.2, a 27-month low. That was twice as large as the 1.2-point drop in the IHS-compiled euro area manufacturing PMI to a 68-month low of 49.3. As a result, the differential between the two data series narrowed by 1.2 points to 4.9, as […] More
New Overnight Developments Abroad - Daily Update
Mounting Evidence of Slower Growth in Europe and Japan
March 1, 2019
Stock markets rallied in Asia on hopes for a U.S.-Chinese trade deal soon. Share prices climbed Friday by 1.8% in China, 1.3% in Hong Kong, 1.0% in Japan, 0.9% in Indonesia and 0.6% in India. The black sheep was South Korean equities, which dropped 1.8% further following the collapsed U.S./North Korean denuclearization talks. Equities in […] More
