Archive for November 6th, 2017

Deeper Analysis

Non-Manufacturing PMIs in the U.S. and Euroland

November 6, 2017

The U.S. non-manufacturing purchasing managers index compiled by the Institute of Supply Management edged up 0.3 points to 60.1 in October. Faster growth in sales and jobs outweighed slower growth in new business and prices. Euroland’s services PMI for October fell 0.8 points to 55.0. The German, Italian, Spanish and Irish readings each droppedĀ more than […] More

New Overnight Developments Abroad - Daily Update

Trump Comments, More PMI Surveys, and Some Central Bank Signals

November 6, 2017

President Trump in Japan returned to his call for “fair” bilateral trade relationships. To reduce Japan’s surplus with America, he’d like to see more Japanese buying of U.S. military equipment. Euroland’s service sector and composite purchasing managers indices slipped to a 2-month low of 55.0 and 56.0, respectively. Each result was revised up a tenth […] More