Archive for November 4th, 2019

Deeper Analysis

Only a Slight U.S. Factory Sector Advantage Versus Euroland

November 4, 2019

The ISM-compiled U.S. manufacturing purchasing managers index in October rose 0.5 index points to a 2-month high of 48.3, and Euroland’s IHS-compiled PMI edged 0.2 points higher to 45.9, which also represents a 2-month high. The differential between those two data series of 2.4 points in favor of the United States was similar to the […] More

New Overnight Developments Abroad - Daily Update

Risk On Mood Continuing

November 4, 2019

Friday saw share prices rally on trade optimism and the aversion thus far of a hard Brexit. Subsequent official comments from U.S. and Chinese officials did not dash investor hopes, and Euroland PMI data suggest that the downturn in manufacturing did not intensify last month. Japanese markets were closed today for the Culture Day holiday. […] More