Archive for December 3rd, 2018

Deeper Analysis

Spread Between U.S. and Ezone Manufacturing PMIs at a 4-Year High

December 3, 2018

The point differential between the ISM-compiled U.S. manufacturing PMI and the IHS-compiled Euroland manufacturing purchasing managers index widened 1.8 points in November to 7.5, its greatest width since a similar spread in November 2014. This more sizable U.S. advantage happened in spite of a pricier dollar. With a large export-derived base, manufacturing prosperity┬átends to ebb […] More

New Overnight Developments Abroad - Daily Update

Equities Rally Globally as Threatened Trade War Escalation Delayed by 3 Months

December 3, 2018

Stock markets rose 2.6% in China, 2.5% in Taiwan, 2.3% in Hong Kong, 2.3% in Singapore, 1.8% in Australia, 1.7% in South Korea, 1.5% in Japan, and 1.0% in Indonesia. European share prices so far today have climbed 1.9% in Germany, 2.2% in Italy, 4.7% in Greece, 1.4% in the U.K., 1.3% in Spain, and […] More