Preliminary purchasing manager survey results

Much to Ponder This Friday

April 21, 2017

Many of the themes affecting markets of late had new developments this day. The threat of trade wars is one of them. Preliminary purchasing manager survey results for April reported by Markit Economics reflect the beneficial impact in Europe of the euro’s softer tone. Euroland’s composite, manufacturing, and service-sector indices each climbed to a six-year […] More

Thank God It’s Friday as Risk-Off Mood Persists

July 24, 2015

Share prices in the Pacific Rim fell 1.8% in China, 1.2% in Hong Kong, 0.9% in South Korea, India and Indonesia and 0.6% in Japan. Comex gold dropped another 0.8% to $1,082.00.  West Texas Intermediate oil stayed below $50 but recovered 0.5% to $48.69 per barrel. Ten-year sovereign debt yields declined another five basis points […] More