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Showing 151 - 160 of 489 results for "PMI"

Hawkish central banks? Not the BOJ

BENJAMIN ONG  |  FRIDAY, 7 JUL 2017
... inflation remains a no-show. Despite a slight dip to 52.9 in June from 53.9 in the previous month, the Nikkei Japan composite PMI showed expanding activity for the ninth straight month. Services activity rose to a reading of 53.3 in June - the best reading ...

Stronger growth sans inflation

BENJAMIN ONG  |  TUESDAY, 4 JUL 2017
... in June from 60.5 in May. It's the same story across the pond. The final estimate of the IHS/Markit Eurozone manufacturing PMI rose to 57.4 in June from a preliminary reading of 57.3 and May's final tally of 57.0. This is the best reading since April ...

Not so happy EOFY for the All Ords

BENJAMIN ONG  |  MONDAY, 3 JUL 2017
... for Australia's biggest export market - China. The National Bureau of Statistics (NBS) reported that China's manufacturing PMI rebounded to a reading of 51.7 in June after slowing to 51.2 in April and May, driven by a sharp increase in export orders. ...

Expansions maintained despite dashed expectations

BENJAMIN ONG  |  MONDAY, 26 JUN 2017
Markit Economics' preliminary estimates show that while the purchasing managers' indices (PMI) for the US, the Eurozone and Japan all came in below market expectations, all remained in expansion. The IHS/Markit flash US composite output index slipped ...

Eurozone gaining momentum

BENJAMIN ONG  |  THURSDAY, 22 JUN 2017
... has steadily come down from the all-time high of 12.1% recorded back in April 2013. The lead from the IHS/Markit Eurozone PMI Composite Output Index - 56.8 in May (with manufacturing and services at six-year highs) - indicates continued accelerating ...

Eurozone ascending

BENJAMIN ONG  |  WEDNESDAY, 24 MAY 2017
... level July 2007 (pre-GFC, pre-Grexit and PIGS, pre-European sovereign debt crisis days). The latest IHS Markit Flash Eurozone PMI survey indicates continued strong momentum in business activity. Although, the flash Eurozone composite PMI steadied at ...

Japan rides the virtuous cycle

BENJAMIN ONG  |  THURSDAY, 11 MAY 2017
... in Japan with the virtuous cycle led by exports and production becoming firmer." Markit Economics' latest Japan composite PMI survey gives credence to the BOJ's statement. While the composite PMI slipped to 52.6 in April (from 52.9 in March), it remains ...

Australian economy proceeding according to projections

BENJAMIN ONG  |  TUESDAY, 9 MAY 2017
... 2.75%-3.75% (ScoMo's prediction should be largely in line with this) before heading to "a little above 3%". Last week's AiG PMI report show increasing expansion in the sectors it surveys - manufacturing up to 59.2 in April from 57.5 in March; services ...

Budget Eve

BENJAMIN ONG  |  MONDAY, 8 MAY 2017
... UK suggest that this is broadening still. And while there's a bit of slowing in China - manufacturing and services sector PMI declined in April - they remain in expansion territory. Governor Lowe's statement about the Australian outlook says: "The Bank's ...

China slowing to target

BENJAMIN ONG  |  WEDNESDAY, 3 MAY 2017
... sector and suggesting a weak start to the second quarter. China's official National Bureau of Statistics (NBS) manufacturing PMI fell to a reading of 51.2 in April from 51.8 in March. While this marked the 9th consecutive month of above 50 readings (expansion) ...