manufacturing purchasing managers surveys

Fourth Quarter Opens with Japanese Tankan Survey and a Slew of Manufacturing PMI Surveys

October 1, 2018

China will be closed all week, commemorating the communist revolution of 1949. Hong Kong’s market was similarly shut, and so was Australia’s due to Labour Day and the Queen’s Birthday observance there. A three-country Nafta remake including Canada as well as Mexico was fashioned at the last minute. Changes from the original deal were less […] More

Dollar Falling on First Business Day of 2018

January 2, 2018

The start of a new calendar year finds the dollar picking up where 2017 ended with a slip-sliding trend. Overnight losses amount to 0.5% against the euro, 0.6% relative to the Mexican peso, 0.4% versus the yen, kiwi, and sterling, 0.3% vis-a-vis the Swiss franc and Aussie dollar, 0.2% against the yuan and 0.1% relative […] More

Japan’s Tankan, Many PMI Readings and More Protests in Hong Kong

October 1, 2014

The dollar extended its impressive rally, climbing 0.6% against the Australian dollar, 0.4% versus the Swiss franc, 0.3% relative to the euro, 0.2% vis-a-vis the yen, and 0.1% against the kiwi and sterling.  The dollar touched new lows for the move of JPY 110.10 and CAD 1.1225. With Hong Kong street mobs in their sixth […] More

U.S.-Minus-Ezone Factory PMI Spread Remained Small in May

June 2, 2014

The manufacturing purchasing managers survey between the United States and the euro area, +1.0, was 0.5 points narrower in May than April and the fourth straight month of 1.5 points or less.  The U.S. PMI fell 1.7 points to a three-month low of 53.2.  The drop was led by jobs, down 2.8 points, and a […] More

America’s Manufacturing Advantage against Euroland Widened Last Month

January 3, 2012

The pace of expansion in U.S. manufacturing activity strengthened in December to an 8-month high.  The purchasing managers index advanced 1.2 points to 53.9, 3.9 points above the break-even line of 50. Every reading since August 2009 has exceeded that threshold.   In the euro area, by comparison, December saw a sub-50 PMI reading for a […] More