Euroland purchasing managers survey

Fed Policy Still a Huge Influence on Dollar

February 21, 2017

The dollar appreciated broadly after the three-day U.S. holiday weekend despite ongoing worries about U.S. policies and strong preliminary February purchasing manager survey results for Euroland and Japan. The prime dollar mover came from remarks by Philadelphia Fed President Harker that a rate increase is possible as soon as the FOMC’s March meeting. Dollar overnight gains […] More

European April PMI Results Inspire New Wave of Investor Panic

April 23, 2012

European equities have plunged 3.2% in Sweden, 2.9% in Spain, 2.5% in Germany, 1.7% in France and 1.6% in Switzerland and Great Britain.  In the Pacific Rim, there were some outsized drops in share prices such as 1.8% in Hong Kong, 1.6% in India and 1.1% in Singapore but also some smaller moves such as […] More