PMI

The preliminary Australian manufacturing PMI from S&P Global Platts slips deeper into contraction at 46.7Services decline but remain in expansion at 50.6The composite index declined due to a decline in the manufacturing PMI, with the…

The reading is slightly lower than in July but still looks good. New order growth remains strong while housing activity rebounded to its fastest pace since September 2022. Commercial activity remains the best performing sector but all…

The US ISM manufacturing PMI for August came in at 47.2, up from the previous month's reading of 46.8 but below the consensus of 47.5, reflecting a slowdown in the pace of manufacturing contraction. The report's components revealed that…

Over the weekend, we got the official PMIs:China Manufacturing PMI for August 49.1 (49.5 expected), Services 50.3 (50.0 expected)More details:The Caixin S&P Global Manufacturing Purchasing Managers' Index was much better, at 50.4.From…

Australia - Judo Bank/S&P Global Manufacturing PMI for August 2024, comes in at three-month high of 48.5Previous 47.5Quick read here:Australia PMI Flash August: Manufacturing 48.7 (previous 47.5) Services 52.2 (previous 50.4)Comment on…

Official China PMI for August 2024 from the National Bureau of Statistics (NBS)More to come --The Chinese economy has shown, and continues to show, an uneven and unbalanced recovery. Key areas of concern include:Uncertain outlook for…

Most Asian stocks rose on Thursday amid growing optimism about lower U.S. interest rates, but overall gains were limited as a downward revision to payrolls data rattled markets. Japanese stocks posted their best performance on record on…

Speculation about the Fed’s September policy decision will intensify this week as the central bank releases the minutes of its August meeting and several FOMC members take center stage at the annual Jackson Hole symposium. Inflation…

19th-23rd August 2024:Mon: US Democratic National Convention (Aug 19-22), Bank of Indonesia Announcement, New Zealand Trade Balance (Jul)Tue: US Democratic National Convention (Aug 19-22), PBoC LPR, RBA Minutes, Riksbank Announcement, CBRT…

ronniechua/iStock via Getty Images The Nikkei 225 index fell more than 10% to around 31,135 while the broader Topix lost 6.5% to 2,370 early Monday, with both indexes hitting seven-month lows on concerns about rising interest rates in…