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Showing 41 - 50 of 166 results for "Manufacturing PMI"

Chief economist update: Japan tightens fiscal policy

BENJAMIN ONG  |  FRIDAY, 11 OCT 2019
... yen compounding the challenges faced by Japanese manufacturers. Recent data shows that the Jibun Bank Japan Manufacturing PMI fell to a reading of 48.9 in September - the fifth straight month of contraction in the sector. Likewise, while it came in better ...

Chief economist update: Super Mario's last hurrah

BENJAMIN ONG  |  TUESDAY, 3 SEP 2019
... 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 "is getting ...

Chief economist update: BOE flips tightening bias to easing

BENJAMIN ONG  |  MONDAY, 8 JUL 2019
... 2010." The IHS Markit/CIPS UK PMI surveys of the manufacturing and services sectors are in no better shape. The manufacturing PMI sank deeper into contraction territory in June from May while the services PMI is heading closer towards contraction. As ...

Chief economist update: Surveys back All Ords climb

BENJAMIN ONG  |  MONDAY, 24 JUN 2019
... high reading of 53.3 in June (from 51.5 in May) - supported by a steeper increase in new business - while the manufacturing PMI improved to a three-month high reading of 51.7 from 51.0, boosted by stronger new orders. Both surveys (I assume) were taken ...

Chief economist update: It'll hurt me more than it hurts you

BENJAMIN ONG  |  FRIDAY, 24 MAY 2019
... use re-inventing the wheel, here's Factset's news stories on latest US stats: "May IHS Markit Flash Manufacturing PMI down 2.0 m/m to 50.6 (est. 52.7), lowest since Sep-2009. New orders declined for first time since Aug-09 on weaker demand conditions ...

Chief economist update: Not spring yet in the Eurozone

BENJAMIN ONG  |  MONDAY, 6 MAY 2019
... three months - as the services PMI eased to a reading of 52.5 April from 53.3 in the previous month, while the manufacturing PMI, though it improved to 47.9 from 47.5 in March, remained in contraction territory. IHS Markit provides a succinct narrative ...

Chief economist update: Equity market rally has legs

BENJAMIN ONG  |  TUESDAY, 16 APR 2019
... 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 in global economic activity as reason for resuming its policy normalisation ...

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: Time to pig out on China shares?

BENJAMIN ONG  |  MONDAY, 4 MAR 2019
... declined to within a whisker of stall speed (50.9) in January from 52.2 in the previous month, dragged down by the manufacturing PMI that remained in contraction territory to 49.9 in February for a third month running. This is a no-brainer for Trump's ...