Euroland service sector PMI
Greater Focus on the Economic Devastation of the Covid-19 Pandemic
May 6, 2020
The dollar appreciated overnight by 0.7% against the Mexican peso, 0.5% versus the British pound and Chinese yuan, 0.4% relative to the euro, 0.3% vis-a-vis the loonie, but just 0.1% against the Swiss franc and Aussie dollar. The dollar also lost 0.3% against the Japanese yen. Japanese markets remained shut for the last of the […] More
A Steady Dollar
November 6, 2019
The dollar on balance remains near Tuesday closing levels. Gold is 0.3% firmer. The spate of recent increases in 10-year sovereign debt yields was reversed today with 3-basis point declines in U.S. Treasuries and British gilt yields and a dip of 1 basis point in the 10-year German bund yield. The Japanese 10-year JGB yield, […] More
Faster Non-Manufacturing Growth in the U.S. and Euroland
October 4, 2017
The Institute of Supply Management reported a big 4.5-point jump during September in the U.S. non-manufacturing purchasing managers index. At 59.8, such signaled the quickest expansion of activity since August 2005. Sub-components for new business, prices, and production increased by 8.4, 5.9 and 3.8 points, respectively. IHS Markit Economics calculated a 1.1-point increase in Euroland’s […] More
