Archive for May 6th, 2019

Deeper Analysis

U.S. Nonmanufacturing PMI Compared to Euroland Services PMI

May 6, 2019

In the United States in April, non-manufacturing activity grew somewhat more slowly than in March but more rapidly than the manufacturing sector was expanding. Sub-indices for orders, jobs and prices grew more slowly last month, but the growth of production quickened. April service sector activity in the euro area similarly contrasted favorably with the region’s […] More

New Overnight Developments Abroad - Daily Update

Trump Tweets on Trade Slam Equities and Lift the Dollar

May 6, 2019

On the presumed eve of high level U.S.-Sino trade talks, President Trump has threatened to raise the tariff on $200 billion of Chinese imports by 15 percentage points to 25% and to impose tariffs on $325 billion of other imports from China, and he set an or-else deadline of this Friday for a satisfactory deal […] More