Deeper Analysis
U.S. and Euroland Factory March PMIs Respectively Fell and Rose
April 3, 2017
The U.S. manufacturing PMI level exceeded its euro area counterpart for a third straight month in March. However, all but 0.2 points of a 1.5-point widening of the spread between the two indices seen in February was reversed in March. EUR/USD had similar averages in the two adjacent months. The U.S. PMI was depressed by […] More
New Overnight Developments Abroad - Daily Update
Japanese Tankan and a Slew of Manufacturing PMIs Reported
April 3, 2017
The dollar gained over 1% further against the South African Rand and rose 0.6% overnight versus the kiwi. Other dollar advances thus far today amount to 0.4% relative to the loonie, 0.2% vis-a-vis sterling, and 0.1% against the euro, peso and Swiss franc. China is closed for the Ching Ming Festival and will remain shut […] More
