Archive for March 1st, 2019

Foreign Exchange Insights and Next Week

Next Week

March 1, 2019

Central Banks: Monetary policy reviews at the European Central Bank and in Australia, India, Poland, Malaysia, Turkey, Canada, Serbia, and Canada. Fed Beige Book of regional conditions will be published, and Brainard and Williams are two of the Fed officials speaking publicly. So will ECB President Draghi, Bank of England Governor Carney, Reserve Bank of […] More

Deeper Analysis

U.S. Manufacturing Conditions Grew Significantly more Slowly in February, Narrowing Edge Versus Euroland

March 1, 2019

The ISM-compiled U.S. manufacturing purchasing managers index declined 2.4 index points to 54.2, a 27-month low. That was twice as large as the 1.2-point drop in the IHS-compiled euro area manufacturing PMI to a 68-month low of 49.3. As a result, the differential between the two data series narrowed by 1.2 points to 4.9, as […] More

New Overnight Developments Abroad - Daily Update

Mounting Evidence of Slower Growth in Europe and Japan

March 1, 2019

Stock markets rallied in Asia on hopes for a U.S.-Chinese trade deal soon. Share prices climbed Friday by 1.8% in China, 1.3% in Hong Kong, 1.0% in Japan, 0.9% in Indonesia and 0.6% in India. The black sheep was South Korean equities, which dropped 1.8% further following the collapsed U.S./North Korean denuclearization talks. Equities in […] More