PMI

primeimages/E+ via Getty Images Stock markets in the Asia-Pacific region started the second half of the year on a positive note as investors digested mixed Chinese PMI data, and the data showed that confidence among large Japanese…

It’s a slight downward revision from the flash reading but still reaffirms marginal growth in the UK manufacturing sector. Both output and new orders continued to expand for the second month running. However, price pressures remain stubborn…

S&P Global Manufacturing PMI for June 2024 Reaches 50.0Previous 50.4The initial was 50.1.From comment to report:“It is worth noting that the latest PMI data revealed the first rise in Japanese factory output in more than a year, and a…

Over the weekend, China's official PMIs for June were released:Today we get the Caixin Manufacturing PMI which was privately surveyed. This remained in expansion in May despite the National Bureau of Statistics' manufacturing PMI falling…

Despite a strong US Purchasing Managers' Index (PMI) release on Friday, the Fed's money market bets were little changed.Federal interest rate forecastsExpectations in the data were for a decline of about 47 basis points by the end of the…

Highest level in 26 monthsThe previous one was 54.8Manufacturing 51.7 vs. 51.0 expectedPrevious manufacturing was 51.3Composite 54.6 vs 54.5Sale prices are “at one of their lowest levels in the past four years” and their lowest level in…

USDJPY rose back to the upside and returned above the 159.00 level after stronger-than-expected flash data for the S&P Global Manufacturing and Services Index. The high price was traded up to 159.206. This brings it to 100 points…

Once again, Spain remains the bright spot in the Eurozone. This represents the largest increase in activity in more than a year. HCOB notes that:“In May, Spain's services sector continued to expand. Both activity and new business saw…

The average consensus estimate for the US ISM Services PMI is 50.5, as can be seen in the screenshot below, from the ForexLive Economic Data Calendar, Access it here. I saw Reuters with its forecast at 50.8. Data outcomes that fall outside…

The latest round of US manufacturing PMI releases showed a mixed picture, with S&P Global revising its preliminary readings higher while the closely watched ISM PMI showed a deeper contraction than markets expected: S&P…