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Showing 11 - 20 of 28 results for "Markit Eurozone"

Chief economist update: Approaching peak isolation

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2020
... imposed by the government to limit the spread of the coronavirus infection. Preliminary estimates show the IHS/Markit Eurozone composite PMI diving to an all-time low of 13.5 in April from 29.7 in March. The drop in manufacturing output to a record-low ...

Chief economist update: Different contagion, same fiscal policy divide

BENJAMIN ONG  |  MONDAY, 6 APR 2020
... confidence dropped by five points - the largest on record - to -11.6 in March from -6.6 in the previous month. The IHS/Markit Eurozone composite index dove to an all-time low of 29.7 in March from 51.4 in February, paced by the near halving of the services ...

Chief economist update: Eurozone negative rates a failure?

BENJAMIN ONG  |  TUESDAY, 10 DEC 2019
... investment advice were advising to overweight Eurozone equities. The forward view (back then) was also better with the Markit Eurozone composite PMI index for December 2017 surging to its highest reading since February 2011 According to IHS/Markit (at ...

Chief economist update: The greatest central banker of modern times

BENJAMIN ONG  |  TUESDAY, 1 OCT 2019
... guidance are ready to be calibrated." To be sure, the outlook for the eurozone appears to be deteriorating. The Markit Eurozone composite index has fallen closer to the expansion/contraction dividing line (to a reading of 50.4 in September from 51.9 ...

Chief economist update: Super Mario's last hurrah

BENJAMIN ONG  |  TUESDAY, 3 SEP 2019
... threat of protectionism" has risen further with the escalation of the US-China trade war. The recently-released IHS Markit Eurozone manufacturing PMI survey gave credence to Draghi's statement at the July press conference that the economic outlook ...

Chief economist update: ECB to leave no policy tool unturned

BENJAMIN ONG  |  WEDNESDAY, 26 JUN 2019
... 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 51.8 in May to reach ...

Chief economist update: Not spring yet in the Eurozone

BENJAMIN ONG  |  MONDAY, 6 MAY 2019
... 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 market expectations of 51.8 and the slowest rate of ...

Chief economist update: Euro's uptrend is a downtrend risk

BENJAMIN ONG  |  FRIDAY, 2 FEB 2018
... Economics manufacturing PMI survey shows that it's starting 2018 with a bigger bang. The final estimate of the IHS Markit Eurozone manufacturing PMI registered its 55th month of expansion in January. It slipped to a reading of 59.6 in January but from ...

Chief economist update: ECB sees low rates for longer

BENJAMIN ONG  |  TUESDAY, 16 JAN 2018
... forecasts of 2.2% for 2017, 1.8% for 2018 and 1.7% for 2019. This is consistent with the latest readings from the IHS Markit Eurozone survey that showed the composite PMI rising 58.1 in December 2017 - the highest since February 2011 - on the back of ...

ECB schedules taper

BENJAMIN ONG  |  FRIDAY, 27 OCT 2017
... growth rate since the March 2011 quarter and marks the third straight quarter of strengthening growth. The IHS/Markit Eurozone PMI surveys suggest that growth would be equally strong, if not stronger in succeeding quarters. Despite easing to 55.9 in ...