Archive for April 1st, 2015

Deeper Analysis

U.S. Manufacturing PMI Lower than Ezone PMI Last Month

April 1, 2015

The PMI spread below, which subtracts Markit Economics’ eurozone PMI from the ISM’s U.S. PMI, turned negative in March for the first time in 14 months. U.S. manufacturing expanded at the slowest pace since January 2014 as attested by a 1.4-point decline in the manufacturing PMI to 51.5.  The jobs index dropped 1.4 points to […] More

New Overnight Developments Abroad - Daily Update

Japanese Tankan and Many Manufacturing Reports

April 1, 2015

The Bank of Japan’s March Tankan survey of business conditions and expectations was mediocre and not consistent with the pace of growth officials want. The eurozone purchasing managers index climbed to a 10-month high in March and reflected lessening deflation and improved export orders and jobs growth. China’s government compiled PMI in manufacturing rose 0.4 […] More