Deeper Analysis
Euroland Factory PMI Score Moves Above U.S. Reading
January 3, 2011
The manufacturing purchasing managers index in the euro area, 57.1 in December, was higher than America’s reading, 57.0, in December for the first time since last July. Both regions had faster factory growth than in November, but the U.S. improvement was restrained by a 1.8-point deterioration in employment. Improvement in Euroland was paced by increases […] More
Deeper Analysis
December, 4Q10, and 2010 in Figures
January 3, 2011
December was a terrific month for equities and commodities but a poor month for the dollar and fixed-income securities. In spite of a 78-basis point rise of ten-year Treasury yields last quarter, such was still 54 basis points lower than a year earlier on December 31st. The dollar fell 9.8% of more in 2010 against […] More
