Switzerland December manufacturing PMI 45.8 vs 49.7 prior

Swiss manufacturing activity slumped hard towards the end of last year, with both output and new orders struggling and dipping further. A point to note as well is that employment…

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Japan’s Final December manufacturing PMI 50.5 (vs. preliminary 49.7, prior 48.7)

Summary: Japan’s manufacturing PMI returned to neutral territory in December New orders fell at the slowest pace in 19 months Output stabilised and employment growth accelerated modestly Input prices rose…

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UK July final manufacturing PMI 48.0 vs 48.2 prelim

Prior 47.7 Key findings: Employment falls at faster rate Input cost and selling price inflation hold broadly steady Comment: Rob Dobson, Director at S&P Global Market Intelligence “The UK manufacturing…

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Spain February services PMI 56.2 vs 55.3 expected

Prior 54.9 Composite PMI 55.1 Prior 54.0 Spain’s services sector continues to hold up well and remains one of the bright spots in the euro area economy. New business continues…

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China March 2024 Official Manufacturing PMI 50.8 (expected 50.1) Services 53.0 (exp 51.5)

China has two primary Purchasing Managers’ Index (PMI) surveys – the official PMI released by the National Bureau of Statistics (NBS) and the Caixin China PMI published by the media…

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Events to Look Out For Next Week

Attention is turning to CPI on April 12, while of even more interest will be Earnings Season which kicks off with the big banks on April 14. It looks like…

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Japan February final manufacturing PMI 52.7

The flash reading was 52.9 & prior 55.4.Commentary on the data from Markit:”February PMI data pointed to a softer expansion in the Japanese manufacturing sector. The rate of growth eased to a…

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EURCHF : Risk-Off sentiment favours Swiss Franc

EURCHF, H4 Markets opened earlier today with concerns over the likely longer-than-expected Russia-Ukraine conflict, after a number of economic sanctions were imposed on Russia from the US and the European…

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Evergrande payment surprise, PMIs in focus

Overnight Headlines *US stocks ended mixed, S&P500 posted a record closing high *USD fell against most of its peers, but remains above 93.50 *US 10-year Treasury yield hits new cycle…

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Oil market hold near 7-year high

USOIL is trading just over $78 per barrel, while UKOIL has spiked to $82.70, both above the highs seen yesterday after OPEC and its allies confirmed that they will be…

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