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Showing 1 - 10 of 84 results for "Markit Economics"

Chief economist update: Twist in tail of Aussie economic revival

BENJAMIN ONG  |  TUESDAY, 25 MAY 2021
Australia's economy, just like its US and European counterparts, is progressing nicely, thank you very much. "Australian private sector growth eases from record but remains elevated," sums up Markit Economics' findings for the month of May. ...

Chief economist update: Recovery flashing hot, hot, hot

BENJAMIN ONG  |  MONDAY, 24 MAY 2021
The impact of decelerating coronavirus infections, accelerating vaccination momentum - permitting relaxation of restrictions - sprinkled with generous dashes of fiscal and monetary largesse have been captured in Markit Economics' latest PMI surveys. ...

Chief economist update: Tomorrow never dies

BENJAMIN ONG  |  MONDAY, 26 APR 2021
"Don't stop thinking about tomorrow Don't stop, it'll soon be here It'll be better than before Yesterday's gone, yesterday's gone..." -Fleetwood Mac Wall Street rebounded big time the day after markets were buffeted by headlines ...

Chief economist update: ScoMo cannot miss new vaccination target

BENJAMIN ONG  |  TUESDAY, 13 APR 2021
Some move the goalposts when they can't hit the target, but Prime Minister Scott Morrison did one better and all but abandoned his government's vaccine roll-out target. Taking to Facebook, Morrison announced on April 10 that: "The government ...

Chief economist update: Fed acts with inaction

BENJAMIN ONG  |  THURSDAY, 17 DEC 2020
... (59.2 in November). Two-month low. US growth momentum has slowed however, given the latest readings from the Markit Economics PMI survey, the economy is still expanding. This backs up the Fed's latest economic projections, where it upgraded its GDP ...

Chief economist update: A V, a W and an L

BENJAMIN ONG  |  MONDAY, 26 OCT 2020
The latest results from the monthly Markit Economics PMI (purchasing managers' index) draws a picture of the three shapes of the economic recovery or otherwise. The letter V. Masked or unmasked, the IHS/Markit flash US composite PMI continues to ...

Chief economist update: COVID-19 returns to Europe with a vengeance

BENJAMIN ONG  |  MONDAY, 19 OCT 2020
... re-opened. However, the service sector posted its biggest contraction (47.6) since May (30.5) as, according to Markit Economics, "face-to-face consumer businesses in particular have been hit by intensifying virus concerns". At its September meeting ...

Chief economist update: Winter of Europe's discontent

BENJAMIN ONG  |  TUESDAY, 6 OCT 2020
... re-opened. However, the service sector posted its biggest contraction (47.6) since May (30.5) as, according to Markit Economics: "Face-to-face consumer businesses in particular have been hit by intensifying virus concerns". It's now also reflected ...

Chief economist update: The W in the second wave

BENJAMIN ONG  |  TUESDAY, 29 SEP 2020
... re-opened. However, the service sector posted its biggest contraction (47.6) since May (30.5) as, according to Markit Economics, "face-to-face consumer businesses in particular have been hit by intensifying virus concerns". This isn't lost on the ...

Chief economist update: The V in recovery

BENJAMIN ONG  |  THURSDAY, 6 AUG 2020
... to a six-month high of 50.8 in July. This is not surprising given the V-shaped bounce in most major economies. Markit Economics data show the US, China and the Eurozone all in expansion territory (above 50) in July. Although Japan's composite PMI ...
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