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Showing 121 - 130 of 489 results for "PMI"

Chief economist update: A prelude to a rate cut?

BENJAMIN ONG  |  FRIDAY, 7 DEC 2018
... don't need Christine to tell us what is already a known known. The stats speak for themselves: While the lead from the Markit PMI shows the US economy still up there in terms of economic expansion, the yield curve brings not so good tidings. Not ...

Chief economist update: RBA more likely to cut

BENJAMIN ONG  |  MONDAY, 3 DEC 2018
... provided a comprehensive deal is reached within 90 days) - the growth momentum is slowing. China's official manufacturing PMI declined to a reading of 50 in November from 50.2 in the previous month - indicating that the economy has reached the point ...

Chief economist update: Slowing in sync

BENJAMIN ONG  |  FRIDAY, 16 NOV 2018
... synchronised global upswing of 2017 and early 2018 into a synchronised global slowing (including the US), based on Markit PMI surveys. But while global economic activity continues to hold up - thanks to the domestically-orientated services sector - the ...

Chief economist update: The Middle Kingdom's middling growth

BENJAMIN ONG  |  TUESDAY, 6 NOV 2018
... companies." The composite output index is derived from indications in the manufacturing and services sectors. The manufacturing PMI improved... but only just - rising to a reading of 50.1 in October from 50.0 in the previous month - prompting Dr. Zhengsheng ...

Chief economist update: Eurozone growth slowing fast

BENJAMIN ONG  |  WEDNESDAY, 31 OCT 2018
... the ECB staff macroeconomic projections at the next update especially given the readings from Markit Economics' Eurozone PMI report indicating that business activity in the region was off to a weak start in the fourth quarter. The heading of Markit ...

Chief economist update: China on the down low

BENJAMIN ONG  |  WEDNESDAY, 17 OCT 2018
... year and by 9.5% from this year's peak of CNY6.26/US$1 recorded in early February. Indications from the latest Caixin PMI survey suggest that more weakness is in store in the coming months. The Caixin China composite PMI hardly changed, inching up ...

Chief economist update: Is China starting to slow down?

BENJAMIN ONG  |  TUESDAY, 9 OCT 2018
... 39.1% of GDP in 2017 from 36.7% in 2012 and 38.5% in 2006. This is given credence by the latest indications from the Caixin PMI indices where the manufacturing PMI slowed (but only marginally) - the one exposed to the trade spat - to 50.0 in September ...

Chief economist update: The grass is paler on the China side

BENJAMIN ONG  |  THURSDAY, 2 AUG 2018
... Trump administration is reportedly preparing tariffs on US$200 billion on imports from China. The latest China manufacturing PMI surveys - which track the sector most affected by the trade stoush - are already showing signs of buckling. China's official ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
... year with his trade protectionist policy aimed at "making America great again!" The latest J.P. Morgan Global Manufacturing PMI survey - the sector most susceptible to the war on trade - showed that while the index remains at expansion territory (above ...

Chief economist update: US inflation hits target

BENJAMIN ONG  |  MONDAY, 2 JUL 2018
... quickly generalise and produce a widespread decline in consumer confidence." Tariff concerns were also echoed by the Chicago PMI survey (also released last Friday). While it's headline index rose to 64.1 in June from 62.7 in the previous month, the ...