Deeper Analysis
U.S.-Minus-Euroland Factory PMI Spread Swings Back into the Red
May 2, 2016
For eight straight months through February, Euroland’s manufacturing purchasing managers index as compiled by Markit Economics had exceeded the ISM U.S. manufacturing PMI reading. The string was snapped in March but resumed in April, as the PMI differential swung from +0.2 to -0.9 points. The U.S. purchasing managers index in manufacturing fell last month by […] More
New Overnight Developments Abroad - Daily Update
Holidays, Manufacturing PMI Releases, and Japanese Recession Concerns
May 2, 2016
There is a wide spectrum of holiday closures today due to the confluence of labor day observances (May Day), the Greek Orthodox Easter Monday, and the early spring British bank holiday. Markets are shut in Russia, China, Singapore, Taiwan, Hong Kong, Thailand, Malaysia, Vietnam, Laos, Sri Lanka, Greece, South Africa, Kenya, Bosnia, Cyprus, Ireland, Bulgaria, […] More
