Deeper Analysis
Marginally Faster Manufacturing Activity in the U.S. and Euroland
June 1, 2017
In May, the U.S. manufacturing purchasing managers index edged 0.1 point higher to 54.9, while Euroland’s PMI gained 0.3 points to 57.0. Both results imply robust expansion. Euroland’s advantage, represented by the difference between the U.S. and Ezone scores widened by 0.2 points to -2.1 points, which as seen in the column labeled “spread” below […] More
Deeper Analysis
May in Figures
June 1, 2017
U.S. and European sovereign debt yields fell during May. Short-term European interest rates also fell in contrast to a rise of the 3-month U.S. deposit rate. In Japan, rates rose at the long end but fell in short maturities. Stock markets improved in all markets examined here except Canada’s. The dollar climbed against sterling and […] More
New Overnight Developments Abroad - Daily Update
Dollar Trading More Firmly on PMI Day
June 1, 2017
A load of manufacturing purchasing manager surveys were reported today. The dollar has strengthened by 0.4% against the Australian dollar and sterling, 0.3% versus the yen, and 0.1% relative to the euro and Swiss franc. The dollar has softened 0.2% versus the Chinese yuan for its fourth daily drop in a row. The dollar also […] More
