Tag Archives: PMI

Manufacturing Sector Contraction Continues, Led By New Orders – ISM

Of the 18 manufacturing industries, five reported growth in November: Apparel, Leather & Allied Products; Food, Beverage & Tobacco Products; Paper Products; Miscellaneous Manufacturing; and Computer & Electronic Products. (Tempe, Arizona) — Economic activity in the manufacturing sector contracted in November, and … Continue reading

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The New FX Model: PMI Differentials?

One of Australia’s finest, and best market analyst, Greg McKenna, and more important, our good friend, posits a new exchange rate determination model:  PMI differentials. We cut our teeth as a young economist on Anne Krueger‘s book,  Exchange Rate Determination. … Continue reading

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China’s factory rebound – ReutersTV

May 22 – The latest HSBC/Markit flash PMI handily beat forecasts, falling just shy of the break-even 50 mark. But any celebration may be premature, says Reuters’ Jon Gordon.  – Reuters TV (click here if video is not observable)

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China Flash PMI at 50.9, 14-month High

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

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Japan PMI falls to 46.9, 18-month low

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.

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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China Flash Manufacturing PMI at 47.8, 9-month low

From today’s Markit release, Commenting on the Flash China Manufacturing PMI survey, Hongbin Qu, Chief Economist, China & Co-Head of Asian Economic Research at HSBC said: “Falling orders dragged down the August flash PMI to a nine-month low, suggesting Chinese … Continue reading

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Global PMI Falls to 50.6, Five Month Low

Key Points Global PMI fell to 50.6 in May, down from 51.4 in April, lowest reading in five months; Eurozone and UK PMIs fall to three-year low; Germany, France, Italy, Spain, and Netherlands in contraction; Poland, Czech Republic and Switzerland … Continue reading

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HSBC Korea Manufacturing PMI Falls to 51

Markit reports, Growth of South Korean manufacturing output lost momentum in May, slipping to the weakest in the current four-month period of expansion. New order growth held up relatively well in comparison, with the latest increase only slightly weaker than … Continue reading

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Flash Eurozone Manufacturing PMI at 45.0, 35-month low

Source:  Markit (click here if charts are not observable)

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