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Showing 51 - 60 of 209 results for "Markit"

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

BENJAMIN ONG  |  FRIDAY, 24 MAY 2019
... Beijing's favour. No 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 ...

Chief economist update: Not spring yet in the Eurozone

BENJAMIN ONG  |  MONDAY, 6 MAY 2019
... region's economic sentiment index decreased to a 31-month low 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 ...

Chief economist update: Hoping for the best, preparing for the worst of Brexit

BENJAMIN ONG  |  THURSDAY, 4 APR 2019
... Carney saying: "Businesses 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 ...

Chief economist update: Woe to the world

BENJAMIN ONG  |  MONDAY, 25 MAR 2019
... take the world with it may be a bit premature. The inversion needs to be sustained for longer (not just a day). Also, the Markit composite PMI indices for the world's biggest economies, though trending down, remain in expansion territory. The recent ...

Fed's pause becomes the ECB's problem

BENJAMIN ONG  |  FRIDAY, 11 JAN 2019
... the third 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 ...

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: Slowing in sync

BENJAMIN ONG  |  FRIDAY, 16 NOV 2018
... the 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 ...

Chief economist update: The Middle Kingdom's middling growth

BENJAMIN ONG  |  TUESDAY, 6 NOV 2018
... Caixin's latest Purchasing Managers' survey indicate that the economy could be heading for stagnation. According to Markit Economics/Caixin: "The Caixin China Composite Output Index dipped to 50.5 in October from the previous month, reaching ...

Chief economist update: Eurozone growth slowing fast

BENJAMIN ONG  |  WEDNESDAY, 31 OCT 2018
... trigger another downgrade in 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 ...

Chief economist update: Fed will go hiking in June

BENJAMIN ONG  |  THURSDAY, 24 MAY 2018
... rate would stay at current low levels at the very least or fall some more. This is the same indication from the latest IHS Markit purchasing managers' survey, showing that the Composite PMI rose to a better than expected reading of 55.7 in May (preliminary ...