The attempt to provide a clear and direct account of the way the world's economic data is moving.
Today, we look at the US ADP employment data, and the rise in industrial inventory/shipment ratio.
In Asia there was little significant data released, but we mention the rise in China Services and Hong Kong PMIs.
In Europe cast a sceptical eye on the surprisingly modest rise in April's Eurozone unemployment rate, and cast scorn on Italy's contribution.
