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Showing 61 - 70 of 488 results for "PMI"

Chief economist update: Japan on the mend but BOJ, Abe not taking any chances

BENJAMIN ONG  |  WEDNESDAY, 24 JUN 2020
... with encouraging indications of recovery in the economy. This is highlighted by the improvement in the au Jibun Bank Japan PMI surveys. Preliminary estimates show the composite index rising to a reading of 37.9 in June from May's final reading of ...

Chief economist update: COVID-19 takes second crack at China

BENJAMIN ONG  |  TUESDAY, 16 JUN 2020
... in April and minus 15.8% in March. These improvements are underscored by the V-shaped rebound in the Caixin China composite PMI - up to a reading of 54.5 in May from a record low of 27.5 in February - as both the manufacturing (up to 50.8 from 40.3 in ...

Chief economist update: The ECB's PEPP economy

BENJAMIN ONG  |  FRIDAY, 5 JUN 2020
... quarter that followed a 1.0% growth in the December 2019 quarter. Despite the recent improvement in the IHS Markit Eurozone PMI surveys -- composite PMI increased to a reading of 31.9 in May from a record low of 13.6 in the previous month; manufacturing ...

Chief economist update: Eurozone contraction heads from mild to severe

BENJAMIN ONG  |  THURSDAY, 28 MAY 2020
... quarter that followed a 1.0% growth in the December 2019 quarter. Despite the recent improvement in the IHS Markit Eurozone PMI surveys -- composite PMI increased to a preliminary reading of 30.5 in May (from a record low of 13.6 in the previous month) ...

Chief economist update: V could still become W

BENJAMIN ONG  |  WEDNESDAY, 27 MAY 2020
... of course, recent reports that a vaccine is nigh. So much so, that preliminary indication from the latest Markit Economics PMI indices show a V-shaped rebound in private sector activity. However, be wary that continued gains in the equity markets could ...

Year-long delay for super merger

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
A corporate superannuation fund has pushed back its date of a planned successor fund transfer to Sunsuper by a year and is prepping members for potential future delays from COVID-19. The IAG & NRMA Superannuation Plan in February 2019 announced plans ...

Chief economist update: Hong Kong is ours

BENJAMIN ONG  |  MONDAY, 25 MAY 2020
... to 7.5% after contracting by a whopping 20.5% in February - and surveys - China's official manufacturing and services PMI rebounded back into expansion territory (above 50) in March and April - central command has moved to prevent a repeat of last ...

Chief economist update: Border brawl

BENJAMIN ONG  |  THURSDAY, 21 MAY 2020
... the household side of the equation. Businesses are also none too enthusiastic. The latest Commonwealth Bank Flash Composite PMI survey for May indicated continued decline in business activity despite gradual easing of social restrictions during the month. ...

Chief economist update: The outlook for Australia, according to COVID-19

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2020
... inflation is 1 to 11/2 per cent in 2021 and gradually picks up further from there." The drop in the Commonwealth Bank Composite PMI for Australia (that was released on the same day as the RBA's Board meeting) to a record low of 21.7 in April from ...

Chief economist update: Eurozone good news to get worse before it gets better

BENJAMIN ONG  |  TUESDAY, 5 MAY 2020
... annualised rate of minus 14.4% and minus 3.3% year-on-year. The drop in the flash estimate of the IHS/Markit Eurozone composite PMI to an all-time low of 13.5 in April from 29.7 in March suggests that the second quarter is off to a bad start. Even worse ...