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Showing 1 - 10 of 19 results for "PMI data"

Economic recap: Week to September 17

BENJAMIN ONG  |  MONDAY, 20 SEP 2021
... socialist cum capitalist philosophy. "You picked a fine time to leave me, Lucille," as Kenny Rogers would say. Latest PMI data show that China's manufacturing and services sectors dropped below the expansion/contraction mark in August - manufacturing ...

Chief economist update: Hot flashes

BENJAMIN ONG  |  THURSDAY, 25 MAR 2021
... and also for key regions including the eurozone") to facilitate international comparisons. According to Markit: "The PMI data - which are published earlier than the official data - clearly identify the turning points in the business cycle and closely ...

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... macroeconomic policy to respond to economic shocks." The report comes as the Commonwealth Bank released its most recent PMI data which showed the ongoing economic effects of COVID-19. The latest PMI data showed business activity across Australia falling ...

Chief economist update: Border brawl

BENJAMIN ONG  |  THURSDAY, 21 MAY 2020
... record depths (down to 42.8 in May from 44.1 in April). But all's not lost. Commenting on the Commonwealth Bank Flash PMI data, CBA Head of Australian Economics, Gareth Aird noted that, "May should mark the low point in the PMIs and we would expect ...

Aussie analysts share COVID-19 investment tips

ALLY SELBY  |  THURSDAY, 30 APR 2020
... stimulus around the world meaning traders are happy to keep buying despite the economic red flags." Investors should look to PMI data as a key indicator of growth, he said. "Growth will only start as the world gets back to normal," Dawes said. "So the ...

Chief economist update: Good news is good news

BENJAMIN ONG  |  MONDAY, 4 NOV 2019
... and is better than market expectations for a dip to 51.0. Not only that, commenting on the China General Manufacturing PMI data, Dr. Zhengsheng Zhong, Director of Macroeconomic Analysis at CEBM Group said: "Both domestic and foreign demand improved substantially. ...

Chief economist update: BOE flips tightening bias to easing

BENJAMIN ONG  |  MONDAY, 8 JUL 2019
... "Worrying signals from the survey's forward-looking indicators make it almost impossible to sugarcoat the Construction PMI data in June. In particular, new orders dropped to the largest extent for just over 10 years, while demand for construction ...

Eurozone ascending

BENJAMIN ONG  |  WEDNESDAY, 24 MAY 2017
... 56.2 in May from 56.4 in the previous month but remains within its best level in six years. According to Markit, "The PMI data indicate that Eurozone growth remained impressively strong in May. Business activity is expanding at its fastest rate for six ...

The Fed is Greek too

BENJAMIN ONG  |  WEDNESDAY, 24 JUN 2015
... The negative effect if the US dollar's strength has again become evident in the lower-than-expected US manufacturing PMI data released last night, it slowed from 53.8 last month to 53.4 in June - the lowest reading since October 2013. But that's only ...

Steady with a chance of a surprise

BENJAMIN ONG  |  MONDAY, 27 APR 2015
... year and represents a disappointing start to the second quarter. After GDP rose 0.4% in the final quarter of last year, PMI data so far this year have signalled a weakening in the pace of expansion in the first quarter, and now raise the possibility ...
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