Archive for February 1st, 2021

Deeper Analysis

U.S. Manufacturing Advantage Versus Euroland Narrowed Last Month

February 1, 2021

The differential between the ISM’s U.S. manufacturing purchasing managers index and the IHS-compiled Euroland PMI narrowed 1.4 points in January. At +3.9 points, such was similar to November’s spread between the two data points. The U.S. index fell 1.8 points below December’s 27-month high of 60.5, as reductions in the demand and production sub-components offset […] More

New Overnight Developments Abroad - Daily Update

Commodity Prices, Equities, and Dollar Strengthen

February 1, 2021

Today’s speculative move of the day involves silver, which briefly edged above $30  per ounce and currently shows a net daily gain of slightly more than 10%.  The prices of gold and oil are each up 0.8%. Share prices in the Pacific Rim surged 5% in India, 3.5% in Indonesia, 2.7% in Hong Kong and […] More