Archive for December 1st, 2017

Foreign Exchange Insights and Next Week

Next Week

December 1, 2017

Central Bank Policy Reviews: Australia, Brazil, Canada, India, Poland, and Serbia. Purchasing Managers Surveys: Private domestic, non-oil, or manufacturing PMIs for November to be released for South Africa, Singapore, Malaysia, Indonesia, Lebanon, Egypt, Saudi Arabia and the United Arab Emirates. Retail PMIs for Euroland, Germany, France and Italy. Construction PMIs due for Australia and Great […] More

Deeper Analysis

Biggest Euro Area Advantage Over U.S. Since August 2016

December 1, 2017

The ISM┬ápurchasing managers index for U.S. manufacturing settled back a further 0.5 points in November to 58.2 from 58.7 in October and a 13-year high of 60.8 in September. A reading of 58.2 still represents a robust rate of expansion and all the more so because sub-indices for production (up 2.9 points to 63.9) and […] More

New Overnight Developments Abroad - Daily Update

Mixed Dollar as Investors Eye Both Data and U.S. Political Developments

December 1, 2017

The dollar tumbled 1.2% against its Canadian counterpart and also lost 0.4% relative to the Australian and New Zealand dollars. Balancing these losses were gains of 0.4% relative to sterling, 0.3% versus the euro and Swissie, 0.2% vis-a-vis the yen and peso and 0.1% against the yuan. A net 79.5K jobs were created last month […] More