Archive for December 1st, 2016


Latest U.S. and Euroland Manufacturing Trends

December 1, 2016

The Institute of Supply Management’s U.S. manufacturing purchasing managers index jumped 1.3 points to a five-month high of 53.2 in November. Sub-indices for production and orders went up 1.4 points and 0.9 points. Euroland’s comparable index, compiled by Markit Economics, went up much more modestly, rising 0.2 points to 53.7. The German and French indices […] More

New Overnight Developments Abroad - Daily Update

Sharp Overnight Increases in Price of Oil and Long-Term Interest Rates

December 1, 2016

West Texas Intermediate crude oil traded another 3.3% higher to $51.05 per barrel. Manufacturing purchasing manager surveys from November were mostly encouraging on growth but also reflect intensifying input price inflation. The latter development and oil’s recovery support the dramatic climb in ten-year sovereign debt yields. These rose today by 26 basis points in Brazil, […] More