Deeper Analysis
March and First Quarter 2021 in Figures
April 1, 2021
None of central banks below changed policy interest rates during the first quarter, but 10-year sovereign debt yield recorded sharp advances. Favorable U.S. long-term interest rate differentials became even more so during March. In spite of rising long-term bond yields, equities experienced gain last quarter including in March. The U.S. and Canadian dollars strengthened last […] More
Deeper Analysis
U.S. and Euroland Manufacturing PMI Spread Shrunk 0.7 points to 2.2 Last Month
April 1, 2021
Manufacturing operating conditions improved last month in both Euroland and the United States. The IHS-compiled euro area purchasing managers index jumped 4.6 points to a record high of 62.5. Record highs above 60.0 were reached in Germany, Austria and the Netherlands, and the indices of Spain, Ireland, France, and Italy ranged upwards from 56.9 to […] More
New Overnight Developments Abroad - Daily Update
No Fooling: Today’s Economic Data Show Improvement but Covid Cases on the Rise Too
April 1, 2021
On this opening day of April, the dollar is unchanged against the yen, sterling and New Zealand dollar. The greenback has dipped 0.1% versus the euro and fallen 0.8% against the Turkish lira and 0.5% vis-a-vis the Mexican peso, but the dollar also has risen 0.3% against the Chinese yuan and Canadian dollar, 0.2% versus […] More
