Archive for October 1st, 2012

Deeper Analysis

U.S.-Minus-Ezone Manufacturing PMI Differential Widened Last Month

October 1, 2012

The U.S. manufacturing purchasing managers index climbed back above the 50 no change level after three straight sub-50 readings, while Euroland’s counterpart stayed below the 50 threshold for a fourteenth straight month.  The spread between the two indices widened by 0.9 to 5.4 points.  The United States has enjoyed an advantage versus Euroland since August […] More

New Overnight Developments Abroad - Daily Update

European Stocks Up after Release of Manufacturing PMIs

October 1, 2012

Share prices have thus far risen 1.6% in Italy, 1.4% in France, 1.3% in Germany, 1.1% in the U.K. and 0.9% in Spain.  In the Pacific Rim, by contrast, equities fell 0.8% in Japan, 0.7% in the Philippines, 0.5% in Taiwan, and 0.1% in New Zealand and Singapore. Chinese markets will be closed all week […] More