Archive for May 4th, 2016

Deeper Analysis

U.S. PMI Advantage Versus Eurozone Widened Last Month

May 4, 2016

The U.S. non-manufacturing purchasing managers index rose 1.2 points to 55.7 in April, indicating the strongest growth so far this year. ¬†Euroland’s services PMI was unchanged at 53.1, in contrast. Accordingly, their difference indicated in the third column of data below rose 1.2 points. ¬†The manufacturing indices reported earlier this week had shifted 1.1 points […] More

New Overnight Developments Abroad - Daily Update

Trump Takes Giant Step Closer to Being America’s 45th President

May 4, 2016

Ted Cruz dropped out of the Republican race after losing to Donald Trump by a landslide margin in the Indiana primary.  The Democratic race is not over, by contrast, as Sanders unexpectedly beat Clinton in Indiana.  While Clinton leads by a big margin in the delegate count, she will be drawing criticism from both the […] More