Deeper Analysis
U.S.-Minus-Ezone Non-manufacturing PMI Differential Narrowed Last Month
July 5, 2018
The ISM U.S. nonmanufacturing PMI minus IHS Euroland services PMI narrowed 0.9 points to 3.9 in June after having widened 2.7 points in May. Both economies experienced faster growth last month in these sectors. The U.S. index climbed 0.5 points to 59.1, but Euroland’s measure went up by a larger 1.4 points to 55.2. Manufacturing […] More
New Overnight Developments Abroad - Daily Update
Stocks Up in U.S. and Europe After Dropping Overnight in Asia
July 5, 2018
Asian equities fell to 8-9 month lows overnight, including losses of 1.0% in Taiwan, 0.9% in China and 0.8% in Japan. The Trump Administration is set to impose more than $30 billion of additional tariffs on Chinese imports, and China plans to match that raise immediately. The weakness of Asian markets did not carry over […] More
