purchasing managers index
Surprisingly Strong European PMI-Manufacturing Readings
April 1, 2010
On this first day of the new quarter, which happens to also be Mourning Thursday and the day before the U.S. March jobs report, the dollar has eased 0.4% against sterling and the Canadian dollar but risen 0.7% relative to the kiwi. The IMF called New Zealand’s currency 10-25% overvalued. Other U.S. dollar movements are [...] More
Euroland and British PMI-Mf’g Readings in January Surpass Forecasts
February 1, 2010
The dollar gained 0.7% against sterling and 0.5% relative to the Australian dollar overnight. Other dollar rates have moved only marginally, with 0.1% upticks against the New Zealand and Canadian dollars and downticks of 0.2% against the Swiss franc and euro. Stock markets fell at least 1% in China, Taiwan, the Philippines and Australia. Bourses [...] More
Dollar Down But Stocks and Commodities Up to Start 2010
January 4, 2010
The dollar lost 0.9% against the Canadian dollar, 0.8% versus the Aussie dollar, 0.5% against the euro, 0.4% against sterling, 0.3% against the yen and kiwi, and 0.1% relative to the Swiss franc. All markets are open following the New Year holiday. Stocks are up 1.6% in Indonesia, 0.5% in South Africa, Pakistan and India, [...] More
