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Showing 11 - 20 of 84 results for "Markit Economics"

Chief economist update: The ECB's PEPP economy

BENJAMIN ONG  |  FRIDAY, 5 JUN 2020
... in May (from 12.0 in April) - private sector activity remained in deep contraction territory. So much so that Markit Economics expects Q2 GDP "to fall at an unprecedented rate, down by around 10% compared to the first quarter" and "to slump by almost ...

Chief economist update: Eurozone contraction heads from mild to severe

BENJAMIN ONG  |  THURSDAY, 28 MAY 2020
... in May (from 12.0 in April) - private sector activity remained in deep contraction territory. So much so that Markit Economics expects Q2 GDP "to fall at an unprecedented rate, down by around 10% compared to the first quarter" and "to slump by almost ...

Chief economist update: V could still become W

BENJAMIN ONG  |  WEDNESDAY, 27 MAY 2020
... and 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 ...

Chief economist update: Border brawl

BENJAMIN ONG  |  THURSDAY, 21 MAY 2020
... social distancing and lockdown measures. Latest data from the Australian Bureau of Statistics (ABS) and the CBA-Markit Economics surveys underscore the disastrous impact of restrictions has had on the Australian economy. The ABS reports that after surging ...

Chief economist update: Approaching peak isolation

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2020
... confinement - worse than being imprisoned is being imprisoned alone. But enough social yada, yada, yadas. The latest Markit Economics PMI surveys reveal the extent of the impact social restrictions and lockdowns is having on economic activity: The IHS/Markit ...

Chief economist update: Turns out Brexit was heaven

BENJAMIN ONG  |  FRIDAY, 24 APR 2020
... low reading of 12.3 and manufacturing falling to a record low of 32.9. This may not be the end of it, for as Markit Economics prints in its latest report: "The response rate from members of the survey panel was not affected by shutdowns in place due ...

Chief economist update: Australian recession here we come

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2020
... run of growth sans recession will come to an end has increased. Just have a look at the sharp dive the latest Markit Economics JP Morgan Global PMI has taken in February. Sorry, but that's all the data I have available on Factset. But according to ...

Chief economist update: Santa Claus is coming to town

BENJAMIN ONG  |  MONDAY, 11 NOV 2019
... sector can be observed in the world's biggest economies, except for Japan (which continues to decline). But as Markit Economics/Jibun Bank acknowledged in its Japan PMI report, "the sales tax rise and harsh weather conditions affected demand, as ...

Chief economist update: ECB to leave no policy tool unturned

BENJAMIN ONG  |  WEDNESDAY, 26 JUN 2019
... the September 2017 quarter. While there are nascent signs of stability over economic activity... According to Markit Economics, "The IHS Markit Eurozone Composite PMI rose to 52.1 in June, according to the preliminary 'flash' estimate, up from ...

Fed's pause becomes the ECB's problem

BENJAMIN ONG  |  FRIDAY, 11 JAN 2019
... quarter of last year - 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 ...