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Showing 1 - 10 of 148 results for %22Markit Economics%22

Economic recap: Week to July 9

BENJAMIN ONG  |  MONDAY, 12 JUL 2021
At its July 6 meeting, the Reserve Bank of Australia (RBA) kept the cash rate unchanged at 0.1% and retained the April 2024 bond as "the bond for the yield target" - against speculation that it would roll this over to the November 2024 bond. At the ...

Economic recap: Week to July 2

BENJAMIN ONG  |  MONDAY, 5 JUL 2021
... indicating expansion. All seven activity indicators registered readings indicating expansion. This contrasts with the IHS Markit Australia manufacturing survey that showed the PMI easing to 58.6 in June due mainly to the Victorian lockdown. Then again ...

Chief economist update: Anchoring the recovery

BENJAMIN ONG  |  TUESDAY, 15 JUN 2021
... negative 1.3% in the year to the March 2021 quarter from negative 4.7% in the previous quarter. The lead from the latest IHS Markit Eurozone PMI survey foretells continued improvement. The IHS Markit Eurozone PMI composite index increased to a reading ...

Chief economist update: The UK's going OK

BENJAMIN ONG  |  MONDAY, 31 MAY 2021
... stronger consumer and business spending combined to speed up the UK's recovery. This is underscored by the latest IHS Markit/CIPS PMI survey. Preliminary estimates reveal that the UK composite PMI jumped from April's final reading of 60.7 to ...

Chief economist update: Twist in tail of Aussie economic revival

BENJAMIN ONG  |  TUESDAY, 25 MAY 2021
... 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. The IHS Markit flash Australia composite PMI output index eased to a reading ...

Chief economist update: Recovery flashing hot, hot, hot

BENJAMIN ONG  |  MONDAY, 24 MAY 2021
... permitting relaxation of restrictions - sprinkled with generous dashes of fiscal and monetary largesse have been captured in Markit Economics' latest PMI surveys. Flash (preliminary) estimates for May show: The US Composite Output Index rose to a ...

Chief economist update: COVID-19 causes double-dip

BENJAMIN ONG  |  MONDAY, 3 MAY 2021
... turn, reviving economic activity in the region. This is evidenced by IHS Markit's most recent PMI surveys. The IHS Markit flash Eurozone Composite PMI increased to a nine-month high reading of 53.7 in April (from 53.2 in March). The region's ...

Chief economist update: Tomorrow never dies

BENJAMIN ONG  |  MONDAY, 26 APR 2021
... banks and governments to keep on giving until the yoke of yesterday gives way to a better tomorrow. Latest readings from Markit Economics' PMI surveys suggest that if we're not already there, we are getting oh so close. The IHS Markit flash US ...

Chief economist update: ScoMo cannot miss new vaccination target

BENJAMIN ONG  |  TUESDAY, 13 APR 2021
... normal, vaccinated or not. So much so that recent business activity surveys continue to indicate continued strong expansion - Markit Composite PMI rose to a reading of 55.5 in March (from 53.7 in February); the services PMI increased to 55.5 (from 53.4) ...

Chief economist update: Strike while iron ore cools

BENJAMIN ONG  |  FRIDAY, 26 MAR 2021
... pent-up client demand at home and abroad. As a result, firms also anticipate further rises in employment and investment" (IHS Markit China Business Outlook). This is in line with universal expectations for stronger growth this year - much stronger than ...
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