Foreign Exchange Insights and Next Week
Next Week
February 1, 2019
Central Banks: Central banks in Australia, India, Mexico, Thailand, Iceland, Serbia, The Philippines, U.K., Brazil, Poland, the Czech Republic, Romania, Peru, and Russia have scheduled monetary policy reviews next week. The Reserve Bank of Australia’s quarterly Monetary Policy Statement and the Bank of England’s quarterly Inflation Report will be published. RBA Governor Lowe and Bank […] More
Deeper Analysis
U.S. Manufacturing Edge Versus Euro Area Increased Last Month
February 1, 2019
The ISM-compiled U.S. manufacturing purchasing managers index rose 2.3 index points in January, while IHS-compiled counterpart fell 0.9 points. Consequently, the differential between these two data series, which had narrowed from 7.0 points in November to 2.9 index points in December, ballooned back to 6.1 points in January. This strong U.S. advantage exists in spite […] More
New Overnight Developments Abroad - Daily Update
Manufacturing PMIs Convey Global Slowdown for the Most Part
February 1, 2019
Shortly ahead of the release of January U.S. labor market statistics, the dollar is mostly marking time, with no net change against the yen or loonie, downticks of 0.2% against the euro and 0.1% versus the Swiss franc and kiwi, and upticks of 0.6% relative to the yuan, 0.4% vis-a-vis sterling, 0.2% against the Aussie […] More
