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Diverging Manufacturing PMIs Raise a Red Flag For EUR Vs. USD

Diverging Manufacturing PMIs Raise a Red Flag For EUR Vs. USD

3 Months ago | October 04, 2018 00:00:00

John M. Bland, MBA, co-founder, Global-View.com


Final September 2018 Manufacturing PMIs Display Strong Divergence Between EZ And U.S. PMI Survey resuls fall into the category of “soft” data, as they are not the “hard” data usually released by governmental agencies. Nevertheless, I like these reports because they are calculated on a similar basis more or less simultaneously for many individual economies. I usually compare the manufacturing series, even in Service economies, because it is tends to be more sensitive to changes in business conditions than the Service sector.

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