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
