Archive for May 4th, 2015

Deeper Analysis

Scant Change in U.S.-Eurozone Factory PMI Spread Last Month

May 4, 2015

The differential between the U.S. and Euroland manufacturing purchasing manager indices was negative 0.5 points in April.  Such had previously swung from +7.5 in November to -0.7 in March.  The U.S. index printed at 51.5 for a second straight month in spite of increases of 2.2 points in production, 1.7 points in new business and […] More

New Overnight Developments Abroad - Daily Update

A Couple of Holidays and Many Manufacturing Reports

May 4, 2015

Golden Week continues in Japan with today’s celebration of Greenery Day. British markets are also closed for the early spring banking holiday. The dollar strengthened 0.6% against the euro, 0.3% relative to the Swiss franc, 0.2% vis-a-vis the Aussie dollar and sterling and 0.1% versus the kiwi and yen.  The greenback also fell 0.5% against […] More