PMI

The latest JPM Global Manufacturing PMI was released on Thursday, falling below 50 in July, indicating a return to contraction.JPMorgan's global manufacturing PMI fell to 49.7 in July from 50.8 in June.First contraction in 2024 so far,…

Joseph Clark The seasonally adjusted S&P Global Manufacturing Purchasing Managers' Index (PMI) for the UK rose to a two-year high of 52.1 in July, up from 50.9 in June and the previous flash estimate of 51.8. Key findings include:…

I have revised this result twice, as it has returned to contraction again after a good June. This was a major failure to meet expectations. This is its first contraction in nine months, and points to underlying problems in the Chinese…

Mon: Chinese Industrial Profit (Jun)Tue: Japanese Unemployment Rate (Jun), Australian Building Approvals (Jun), Spanish Flash CPI (Jul), Swiss KoF (Jul), German GDP (Q2), Prelim. CPI (Jul), EZ Consumer Confidence Final (Jul), US JOLTS…

Investing.com - The U.S. dollar edged higher on Wednesday, while the euro fell after disappointing euro zone activity data pointed to more interest rate cuts by the European Central Bank in the future. At 05:25 ET (09:25 GMT), the dollar…

Joseph Clark The seasonally adjusted global PMI for the UK rose from 52.3 in June to 52.7 in July, slightly higher than 52.6. The services PMI came in at 52.4, up from 52.1 in June, its highest level in two months. flash The…

Previous 52.8Manufacturing PMI 45.6 vs. 46.1 expectedPrevious 45.8Composite PMI 50.1 vs. 51.1 expectedPrevious 50.9Eurozone economic growth stalled in July, as growth in services activity slowed and manufacturing conditions continued to…

The US dollar is still doing well on the week, but the majors aren’t really doing much. Only the Japanese yen is seen mostly weak, with USD/JPY currently at 161.60. The pair is up 0.5% on the week so far and is on track for a fourth…

Japan's services PMI hits 49.4 in June, first contraction in nearly two yearsFlash 49.8, before 53.8Compound 49.7Flash was 50.0 before 52.6 previously:Japan Final Manufacturing PMI for June 50.0 (Previously 50.4)Comment on the report:The…

Data released by the Institute for Supply Management showed that the US manufacturing sector recorded a contractionary reading of 48.5 points for the month of June. This is lower than the expected reading of 49.2 points and the index…