service sector PMI surveys

Service Sector Purchasing Manager Surveys and Some Central Banking Developments

April 5, 2023

The dollar overnight traded 0.6% higher against the Australian dollar, 0.5% lower versus the Japanese yen, and held steady on balance against the euro and Canadian dollar. Equities closed down 1.7% and 0.7% in Japan and Hong Kong and up 0.8% and 0.6% in India and South Korea. In Europe, the German Dax is down […] More

A Respite from Monday’s Difficult Day

October 5, 2021

Following a technology-led rout, U.S. equities are currently up around 1.25%, and the German, French, Italian and British bourses show rises of 0.6-1.0%. This rebound was not reflected in Asia, where share prices closed down 1.9% in South Korea, 1.3% in Japan, 0.9% in Indonesia, and 0.7% in Singapore. New Zealand and Australia markets dropped […] More

Unorthodox Appointments, Service Sector PMIs, and an Early Market Close in the United States

July 3, 2019

The dollar recorded scant net change Wednesday aside from 0.6% declines against the Australian and New Zealand dollars. Share prices fell 1.1% in China and 0.5% in Japan but were buoyed  in Europe and the United States by some unexpected key appointments that investors are perceiving as a harbinger of more forceful easy money policies. […] More

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