Deeper Analysis
U.S. and Euro Area Manufacturing Conditions Improved Last Month
August 3, 2020
The U.S. manufacturing purchasing managers index of the Institute for Supply Management rose 1.6 points to a 16-month high of 54.2 in July. That performance was exceeded nonetheless by the IHS-compiled PMI for Euroland, which jumped 4.4 points to 51.8. Being each above 50, the data signify a faster U.S. improvement in business conditions during […] More
New Overnight Developments Abroad - Daily Update
Stocks and Dollar Mostly Up Despite Concerns on Three Fronts
August 3, 2020
The relentless Covid-19 virus remains a top concern. The number of global cases jumped three quarters of a million this time last Friday to 18.2 million, and the U.S. share of that total is fast approaching 700k. Warnings have been made that renewed lockdowns may be necessary. News on vaccine development has been promising, but […] More
