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Showing 111 - 120 of 489 results for "PMI"

Chief economist update: Not spring yet in the Eurozone

BENJAMIN ONG  |  MONDAY, 6 MAY 2019
... economic sentiment index decreased to a 31-month low reading of 104 in April from 105.6 in March. The IHS Markit Flash Eurozone PMI for April captures all these. The IHS Markit Eurozone Composite PMI fell from 51.6 in March to 51.3 in April - less than ...

Chief economist update: China and the spring in its step

BENJAMIN ONG  |  THURSDAY, 18 APR 2019
... by 8.7% in the year to March, accelerating from 8.2% recorded in December 2018, January and February 2019. The Caixin China PMI survey showed the manufacturing sector back in expansion in March after posting sub-50 readings (indicating contraction) in ...

Chief economist update: Equity market rally has legs

BENJAMIN ONG  |  TUESDAY, 16 APR 2019
... policy accommodation by major economies..." This is substantiated by the recent rebound in the global composite and services PMI indices and the slowdown in the rate of decline in the global manufacturing PMI. Then again, the Fed could use the improvement ...

Chief economist update: Hoping for the best, preparing for the worst of Brexit

BENJAMIN ONG  |  THURSDAY, 4 APR 2019
... have been working to put in contingency plans for a no-deal Brexit". The jump in the latest IHS/Markit/CIPS UK manufacturing PMI to a 13-month high reading of 55.1 in March from 52.1 in the previous month bears this out for the simple reason that, and ...

Chief economist update: China stitches it in time

BENJAMIN ONG  |  TUESDAY, 2 APR 2019
... China's manufacturing sector is back in expansion. The official National Bureau of Statistics (NBS) China manufacturing PMI increased to a reading of 50.5 in March after dropping to a three-year low of 49.2 in the previous month and marks the first ...

Chief economist update: Woe to the world

BENJAMIN ONG  |  MONDAY, 25 MAR 2019
... with it may be a bit premature. The inversion needs to be sustained for longer (not just a day). Also, the Markit composite PMI indices for the world's biggest economies, though trending down, remain in expansion territory. The recent policy U-turns ...

Chief economist update: Time to pig out on China shares?

BENJAMIN ONG  |  MONDAY, 4 MAR 2019
... in fixed asset investment, industrial production and retail sales. Not to mention the lead from the Caixin China composite PMI which has declined to within a whisker of stall speed (50.9) in January from 52.2 in the previous month, dragged down by the ...

Asia, emerging markets to lead in 2019

DARREN SNYDER  |  FRIDAY, 8 FEB 2019
Asia's debt-to-equity ratio and safer company balance sheets are making a convincing case for DWS to increase its exposure in the region as well as broader emerging markets. Speaking at the Financial Standard Chief Economists Forum in Sydney yesterday ...

Fed's pause becomes the ECB's problem

BENJAMIN ONG  |  FRIDAY, 11 JAN 2019
... the fourth straight quarter of slowdown - but forward indicators suggest more weakness. Markit Economics' Eurozone composite PMI declined to a reading of 51.2 in December from 52.7 in speed (50.0 level). Similarly, the progress achieved with regards ...

Chief economist update: Another year over, a new one begins

BENJAMIN ONG  |  MONDAY, 7 JAN 2019
... as equity markets rise on good news and fall on negative headlines... day in and day out. The chart of the JP Morgan Global PMI picture above is instructive in that a great portion of the slowdown in global growth is due to the significant downtrend ...