In Brief U.S.: PMI pop in August 2017 amid milder trend; dollar index clocks 15-month low EU: ZEW sentiment fading; sentiment also easing elsewhere in Europe; euro appreciation is a headwind to European growth; Eurozone manufacturing sector supports strong expansion of economy U.K.: GDP grew by 0.3% in 2Q17; pound edged up; composition of growth… Continue reading

In Brief U.S.: Home builder sentiment climbed in August 2017 and consumers still likely pent up demand for housing; 10-year breakeven inflation rate rose in July for the first time in five months; NAFTA changed U.S. trade with Canada and Mexico; dollar fell in July against most other currencies EU: The hard data released this… Continue reading

In Brief U.S.: Producer prices recorded the biggest drop in 11 months; productivity rose 0.9% in 2Q17, consistent with the climb in the JOLTS Quits Eurozone: Soft and hard data in Germany eased slightly but remain robust; Bank of France sees economic growth of 0.5% in 2Q17 U.K.: The Brexit dulled another quarter of the… Continue reading

In Brief U.S.: 10-year yield slips to lowest in a month; The DJIA closed above 22,000 for the first time; U.S. companies post profit growth not seen in six years; a very strong jobs report for a maturing cycle Manufacturing tailwind continues: Manufacturing in the Eurozone, U.K., and the U.S. continues to enjoy a significant… Continue reading