PMI

Asian markets mostly higher as investors eye Fed minutes, Japan in red after PMI data

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Japan -1.45%. Japan data – Japan manufacturing PMI for December (final) 48.9 (vs. prior 49.0) Bank of Japan Governor Kuroda says again will continue to ease monetary policy to hit inflation target China +0.13. Hong Kong +2.33%. Australia +1.63%. India -0.92%. India’s services growth at 6-month high on robust demand – PMI Overnight on Wallstreet, … Read more

Services PMI rises to 58.5 in December; more jobs created, companies upbeat

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India’s services PMI increased to 58.5 in December, compared to November’s 56.4, according to S&P Global PMI data. The report stated that the health of the Indian service sector improved in the last month of 2022, with a quicker upturn in new business boosting output growth. It said that more jobs were created and companies … Read more

China Dec factory activity extends declines on COVID surge – Caixin PMI

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Breadcrumb Trail Links PMN Technology PMN Business Article content BEIJING — China’s factory activity shrank at a sharper pace in December as surging COVID-19 infections disrupted production and weighed on demand after Beijing largely removed anti-virus curbs, a private sector survey showed on Tuesday. The Caixin/Markit manufacturing purchasing managers’ index (PMI) fell to 49.0 in … Read more

China’s services activity skids in October on COVID restrictions – Caixin PMI

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Breadcrumb Trail Links PMN Business Author of the article: Article content BEIJING — China’s services activity contracted again in October as COVID-19 containment measures hit businesses and consumption, overshadowing the economic rebound in the last quarter, a private-sector business survey showed on Thursday. The Caixin services purchasing managers’ index (PMI) fell to 48.4 last month, … Read more

China’s services activity falls for first time since May – Caixin PMI

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Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Article content BEIJING — China’s services activity in September contracted for the first time in four months, as COVID-19 restrictions dented already fragile demand and dimmed business confidence, a private-sector business survey showed on Saturday. The Caixin services purchasing managers’ index (PMI) fell to … Read more