Archive for July 6th, 2017

Deeper Analysis

The U.S. Enjoyed a Bigger Growth Advantage in June than May

July 6, 2017

It was already reported earlier this week by the Institute of Supply Management that the U.S. manufacturing purchasing managers index leaped 2.9 points to a 32-month high of 57.8 in June. This eclipsed a 0.4-point rise in Euroland’s comparable PMI to 57.4. Now comes word that the non-manufacturing U.S. PMI increased 0.5 points to a […] More

New Overnight Developments Abroad - Daily Update

Sell-Off in European Sovereign Debt

July 6, 2017

Amid recent speculation that the policy stance of the European Central Bank may be nearing a turning point, a French government debt auction drew weak interest and triggered a broad rise in regional sovereign debt yields. 10-year yields rose 7 basis points in France and Germany, 6 bps in Italy, and 5 bps in the […] More