Category Archives: PMIs

Europe’s Catastrophic Services PMIs

Posted on April 3, 2020 by macromon

Disaster, not unexpected but worse than expected. Wow! Look at the collapse in Italy’s Services PMI. Services PMIs including final readings in Germany and France. Forget about regressions and everything you've learned at school. pic.twitter.com/srrYFd4JfB — Frederik Ducrozet (@fwred) April … Continue reading →

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Semiannual Monetary Policy Report to the Congress

Posted on February 27, 2018 by macromon

February 27, 2018 Semiannual Monetary Policy Report to the Congress Chairman Jerome H. Powell Before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C. Chairman Hensarling, Ranking Member Waters, and members of the Committee, I am pleased to … Continue reading →

Posted in Fed, Monetary Policy, PMIs, Policy, RSIs, Sector ETF Peformance, Sports, Uncategorized | Tagged , | Leave a comment

China’s Caixin service PMI rises to 17-month high

Posted on January 4, 2017 by macromon

The Caixin China Services PMI rose to 53.4 in December of 2016 from 53.1 in November while market expected 53.3. It was the fastest growth since July 2015, as new orders rose the most in 17 months and business expectations … Continue reading →

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Global Manufacturing PMI: “Moderate, Stable Growth”

Posted on April 2, 2013 by macromon

JP Morgan and Markit reported today the global maufacturing PMI rose to 51.2 in March, up slightly from 50.9 in February. The US led the global manufacturing output growth league table in March, and has now seen production rise throughout … Continue reading →

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China Flash PMI at 50.9, 14-month High

Posted on December 13, 2012 by macromon

Markit just reported, (click here if charts are not observable)

Posted in China, PMIs | Tagged , | 1 Comment

China Flash Manufacturing PMI at 50.4, Thirteen-month High

Posted on November 21, 2012 by macromon

Markit reported this morning China’s manufacturing sector is expanding, just barely, for the first time in 13 months.  Ironically, all markets believe it x/ the Shanghai Composite, which made a new 3-year low yesterday. Commenting on the Flash China Manufacturing … Continue reading →

Posted in China, PMIs | 2 Comments

Japan PMI falls to 46.9, 18-month low

Posted on October 30, 2012 by macromon

Markit’s press release on Japan’s October manufacturing PMI, Commenting on the Japanese Manufacturing PMI survey data, Paul Smith, Senior Economist at Markit and author of the report said: “The fall back in the headline PMI to an 18-month low during … Continue reading →

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Flash Eurozone PMI Composite at 45.8, 40-month low.

Posted on October 24, 2012 by macromon

Markit reported that output of the manufacturing and service sectors dropped at the fastest rate since June 2009. Commenting on the flash PMI data, Chris Williamson, Chief Economist at Markit said: “The Eurozone has slid further into decline at the … Continue reading →

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Flash China Manufacturing PMI at 49.1, Three-month High

Posted on October 23, 2012 by macromon

Markit reported this morning the October HSBC China Flash PMI rose to 49.1 from 47.9 in September.  The PMI is at a three-month high, though still in contraction mode. Commenting on the Flash China Manufacturing PMI survey, Hongbin Qu, Chief … Continue reading →

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Eurozone PMI Composite Output Index at 45.9, 39-month low

Posted on September 20, 2012 by macromon

Markit reported this morning, The Markit Eurozone PMI® Composite Output Index fell from 46.3 in August to 45.9 in September, according to the preliminary ‘flash’ reading, based on around 85% of usual monthly replies. The index therefore signalled that the … Continue reading →

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