Archive for June 1st, 2018

Deeper Analysis

Latest PMI Evidence on U.S. and Ezone Manufacturing Conditions

June 1, 2018

Even though the dollar posted its strongest monthly average in May since last November, the U.S. minus Euroland manufacturing purchasing managers indices swung 2.1 points further in favor of the United States. This created the most U.S.-advantageous differential since the end of 2014. The Institute of Supply Management’s U.S. PMI rose 1.4 points to a […] More

Foreign Exchange Insights and Next Week

Next Week

June 1, 2018

Central Banks: Monetary policy meetings scheduled in India, Australia, Poland, Serbia, Turkey and Peru. Bank of Canada Governor Poloz speaks publicly. Holidays and G7 Events: Queen’s Birthday observed Monday in New Zealand and South Korea’s Memorial Day on Wednesday. Finance ministers and central bank heads from the Group of Seven wrap up their meeting this […] More

New Overnight Developments Abroad - Daily Update

Even Ominous Reductions of Uncertainty Bring Market Relief

June 1, 2018

Share prices in Europe have rallied 2.6% in Italy, 2.0% in Greece, 1.8% in Spain, 1.4% in Switzerland, 1.2% in France, 0.9% in Germany, and 0.7% in Great Britain. A higher stock market open is indicated in the United States. Overnight results in the Pacific Rim were mixed, with stocks rising 0.7% in South Korea […] More