blog.milesfranklin.com / Andrew Hoffman / November 21st, 2014
On Thursday morning, whilst taping this week’s Audioblog, I discussed how overnight, the PMI Manufacturing reports in China, Japan and essentially all of Europe were not only miserable but well below expectations. Heck, even the PMI report in the United States of Economic Lies came in at […]
zerohedge.com / by Tyler Durden on 11/19/2014 20:59
For the 13th month in a row, according to Bloomberg data, China Manufacturing PMI missed expectations. Printing at a 6-month low of 50.0 (against expectations of 50.2), the most notable individual component was the slump in output to a contractionary 49.5 reading for the first time […]
zerohedge.com / by Tyler Durden on 11/05/2014 21:01
In addition to its previously discussed farcical seasonal adjustment that made a slumping unadjusted Employment index appear as if it was the highest in adjusted series history, which brought a smile to many faces, today’s Non-manufacturing PMI report had a far more curious datapoint that slipped […]
zerohedge.com / by Tyler Durden on 11/05/2014 11:27
Moments ago, in an attempt to put some lipstick on what as we previously showed was a very poor ISM (and Markit) Service PMI, Goldman focused on the only silver lining it could find: employment. This is what Goldman’s Kris Dawsey just said: “However, employment continued to […]
marctomarket.com / by Dr. Win Thin and Ilan Solot / Nov 3, 2014
Overall, the investment climate for EM is likely to remain negative in this strong dollar environment. Weaker than expected official China PMI over the weekend didn’t help matters. Indeed, most of the Asian PMI readings out already came in weaker than expected, […]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / October 23, 2014
Looking for growth in Europe? You won’t find it in France, but for now you can still find it in Germany (for now).
The Markit Flash France PMI shows French private sector output falls at sharpest rate in eight months.
Flash France Composite […]
zerohedge.com / by Tyler Durden on 10/23/2014 09:54
But the world has been printing such great PMIs? And the US is the new engine of global growth? So how did US Manufacturing PMI just print 56.2, 3 month lows, and its biggest miss since August 2013? Following China and Europe’s lead, US is latest PMI […]
zerohedge.com / by Tyler Durden on 10/01/2014 20:27
As PMI manufacturing surveys are released around the world, we get an early read on the state of global manufacturing. As the below table shows, out of the 25 countries that have reported so far, 8 reported improvements in their manufacturing sectors in September, while […]
traderdannorcini.blogspot.com / By Dan Norcini / October 1, 2014
Stocks continue to waver with some investors fretting about overall slowing global economic growth. The September Manufacturing PMI numbers were released this morning by the Institute for Supply Management showing a fall to 56.6 from August’s 59.0 reading. The reading remains above 50 showing continued expansion […]
zerohedge.com / by Tyler Durden on 09/29/2014 22:28
Following dismal data from South Korea (industrial production plunged most since 2008), Japan(household spending missed again and dropped 4.7% YoY), and China (HSBC Manufacturing PMI missed for the 11th month in a row and dropped to 50.2 – barely expansion), and Hong Kong‘s ongoing protests,Asian stocks […]
caseyresearch.com / Chuck Butler / Sept 23, 2014
In This Issue.
* U.S. begins bombing ISIS in Syria. * Gold takes off to higher ground on bombing news. * Chinese HSBC PMI’s inch higher. * Kocherlakota unhappy with lack of communication!
And Now. Today’s A Pfennig For Your Thoughts.
Red Hot Geopolitical Problems!
Good Day! […]
marctomarket.com / by Marc Chandler / September 21, 2014
The HSBC flash September China PMI on Tuesday is likely to be the major EM event. With iron ore prices already making cycle lows on Monday, we think that it will take a major upside surprise in the flash China PMI to turn around the growing […]
goldmoney.com / By Kelly-Ann Kearsey / 19 September 2014
This week saw a continuation of last week’s sell-off in gold as prices fell to an eight month low. GoldMoney customers sold the yellow metal, but Kelly-Ann Kearsey, Dealing Manager at the online precious metals trader, said, ‘We saw a continued interest in silver.
marctomarket.com / by Marc Chandler / Sept 08, 2014
Sterling has fallen nearly six cents since the September 1, or about 3.2%. The reason is clear, and it is most certainly not simply about good news from the US.
Sterling had already fallen six cents from this mid-July high near $1.72 as the market adjusted […]
trueeconomics.blogspot.com / by Dr. Constantin Gurdgiev / September 8, 2014
Irish services sectors have been at the forefront of the latest recovery for over two years now, posting booming figures and rosy PMIs. Underlying trends, however, are less often voiced. So let’s take a look at the latest data here:
Overall, by value indices, Irish […]
marctomarket.com / by Marc Chandler / September 1, 2014
This Great Graphic was created on Bloomberg. It depicts the US manufacturing PMI (white line) and the eurozone manufacturing ISM (yellow line). There has been a clear divergence since the start of the year. Briefly, in January, the eurozone reading rose above the US. This […]
trueeconomics.blogspot.com / by Dr. Constantin Gurdgiev / September 1, 2014
Irish Manufacturing PMIs released by Markit and Investec today show very robust and accelerating growth in the sector in August. These are seasonally adjusted series, and given this is a generally slower month for activity, acceleration is more reflective of y/y trends than m/m. […]
zerohedge.com / by Tyler Durden on 08/20/2014 21:57
Following New Zealand’s biggest monthly plunge in consumer confidence in over 2 years, Japan’s Manufacturing PMI surged to its highest since March at 52.5 (handily beating expectations of 51.5). Almost the entire suite of subindices were positive except JPY weakness-inspired margin compression as output prices tumbled […]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / August 5, 2014
An interesting divergence is underway in China with manufacturing in expansion while the service sector is at the lowest reading since November 2005 according to HSBC China Composite PMI
HSBC China Composite PMI™ data (which covers both manufacturing and services) signalled a third […]
zerohedge.com / by Tyler Durden on 08/04/2014 22:01
At this point these soft-survery-based PMIs are becoming a running joke. Japanese macro surprise data has done nothing (and we mean nothing) but disappoint recently and currently stands at 3-month lows. So it makes perfect sense that July Japan Services PMI would print its first expansion […]