Euroland purchasing managers survey
Dollar Ending Down Week on an Up Note
August 21, 2020
Former VP Joseph Biden’s presidential nomination acceptance speech capping the Democratic Party National Convention was well-received, inspirational and with no major gaffes. The Republican Party National Convention next week runs from Monday through Thursday. Preliminary purchasing manager August surveys reveal a loss of growth momentum in Euroland, stalled progress in Japan, a return to sub-50 […] More
Fed Policy Still a Huge Influence on Dollar
February 21, 2017
The dollar appreciated broadly after the three-day U.S. holiday weekend despite ongoing worries about U.S. policies and strong preliminary February purchasing manager survey results for Euroland and Japan. The prime dollar mover came from remarks by Philadelphia Fed President Harker that a rate increase is possible as soon as the FOMC’s March meeting. Dollar overnight gains […] More
European April PMI Results Inspire New Wave of Investor Panic
April 23, 2012
European equities have plunged 3.2% in Sweden, 2.9% in Spain, 2.5% in Germany, 1.7% in France and 1.6% in Switzerland and Great Britain. In the Pacific Rim, there were some outsized drops in share prices such as 1.8% in Hong Kong, 1.6% in India and 1.1% in Singapore but also some smaller moves such as […] More
