Results for PMI
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Don't Believe Sino-American Thaw or Fed's Corporate Bond Divestment is a Policy Signal Don't Believe Sino-American Thaw or Fed's Corporate Bond Divestment is a Policy Signal Reviewed by Marc Chandler on June 03, 2021 Rating: 5
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CNY Softens after PBOC's Move; Equities Advance on Stronger World Outlook

June 01, 2021
Overview:  The US dollar fell against most major currencies following the PBOC's modest move to reduce the upward pressure on the yuan.  Follow-through selling was seen earlier today, and sterling reached a new three-year high.  However, the dollar found a bid in the European morning, while the Scandi currencies held on to most of their earlie…
CNY Softens after PBOC's Move; Equities Advance on Stronger World Outlook CNY Softens after PBOC's Move; Equities Advance on Stronger World Outlook Reviewed by Marc Chandler on June 01, 2021 Rating: 5
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Eerie Calm Ahead of the Weekend

May 21, 2021
Overview:  Perhaps the dramatic volatility seen earlier this week has sapped the market's energy, and an eerie calm appears to be taking hold ahead of the weekend.  Despite the strong showing by US equities yesterday, the spillover into the Asia Pacific was limited.  Equity markets were mixed, Japan, Australia, Taiwan, and India among the stro…
Eerie Calm Ahead of the Weekend Eerie Calm Ahead of the Weekend Reviewed by Marc Chandler on May 21, 2021 Rating: 5
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Greenback Slips into the Weekend

April 23, 2021
Overview:  Many narratives link the prospect of higher capital gains tax on about a third of 1% of Americans as the catalyst for losses in US equities yesterday (and Bitcoin) and weakness in some global shares today.  Of the large markets in the Asia Pacific region, only Japan, which is reimposing a formal emergency in Tokyo, Osaka, and two other …
Greenback Slips into the Weekend Greenback Slips into the Weekend Reviewed by Marc Chandler on April 23, 2021 Rating: 5
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The Euro Approaches $1.19 as Corrective Pressures Persist and US 10-year Yield Slips Below 1.65% The Euro Approaches $1.19 as Corrective Pressures Persist and US 10-year Yield Slips Below 1.65% Reviewed by Marc Chandler on April 07, 2021 Rating: 5
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Here's to a Better Second Quarter

April 01, 2021
Overview: The global capital markets have begun the new month and quarter on a good note.  Equity markets are encouraged by yesterday's gains in the US.  Most markets in the Asia Pacific region rallied, led by Hong Kong, even though earnings reports saw trading halted in around 50 companies.  Europe's Down Jones Stoxx 600 is edging closer …
Here's to a Better Second Quarter Here's to a Better Second Quarter Reviewed by Marc Chandler on April 01, 2021 Rating: 5
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Dollar Gains Initially Extended, but Now Awaits US Leadership

March 24, 2021
Overview: The preliminary PMI readings for March have been mostly stronger than expected, but setbacks with the virus, including new lockdowns in Germany, France, and Italy and rising cases in many US states, have hit sentiment.  Hong Kong has suspended the BioNTech vaccine.  A ship run around in the Suez Canal simply exacerbates supply bottleneck…
Dollar Gains Initially Extended, but Now Awaits US Leadership Dollar Gains Initially Extended, but Now Awaits US Leadership Reviewed by Marc Chandler on March 24, 2021 Rating: 5
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Animal Spirits Roar Like a Lion to Start the New Month

March 01, 2021
Overview:  Equities and bonds jump back.  Most Asia Pacific markets advanced 1.5-2.5% after the regional MSCI benchmark dropped 3.65% before the weekend and 5.3% last week.  The recovery in European stocks was even more impressive.  The Dow Jones Stoxx 600 was up around 1.55% near midday, recouping the pre-weekend loss in full and making a gallant…
Animal Spirits Roar Like a Lion to Start the New Month Animal Spirits Roar Like a Lion to Start the New Month Reviewed by Marc Chandler on March 01, 2021 Rating: 5
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