Tag Archives: Eurozone PMI

One Man’s Opinion: Should The European Central Bank Have Done More To Boost Economies?

The first eurozone composite Purchasing Manager’s Index reading for February came in at 52.7, falling short of the 53.1 that economists had called for. However, the services component of the index has improved by-and-large in most countries over the past … Continue reading

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Bulls Show Signs Of Life, Finally

[Chart courtesy of MarketWatch.com] U.S. equity index ETFs finally snapped their six-day losing streak to finish higher, thanks to some encouraging reads on manufacturing in the U.S., China and Europe, despite a lackluster weekly jobless claims figure and a halt … Continue reading

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One Man’s Opinion: Will Draghi Announce Any Stimulus In Next Week’s ECB Meeting?

The bond yields of Spain and Italy have come down drastically and both are well below 5 percent now, a very stable level that can tide those countries over as they continue to try to raise money at reasonable rates, … Continue reading

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Profit-Taking Pulls Stocks Down Despite Upbeat Data

[Chart courtesy of MarketWatch.com] Wall Street backed off record highs despite a jump in U.S. new home sales to the highest level in five years and an unexpected expansion for Eurozone manufacturing activity. The Standard & Poor’s 500 Index suffered … Continue reading

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