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OFFICIAL PMI DATA

  • China's economic indicators for June painted a challenging picture, with manufacturing activity stagnating and services slipping to a five-month low, according to an official survey released on Sunday. The Purchasing Managers' Index (PMI) remained u...

    30 Jun, 2024, 09.11 AM IST
  • Asia shares subdued awaiting U.S. price data for inflation cues. Markets cautious of Japanese intervention as dollar tests 160 yen level. Geopolitical events like U.S. debate and French election add uncertainty.

    24 Jun, 2024, 08.15 AM IST
  • Gold prices surged to a two-week high of $2,366 following a second rate cut by the Swiss National Bank and weaker US data. Traders anticipate a move by the US Federal Reserve, especially after the European Central Bank's rate cut.

    22 Jun, 2024, 02.26 PM IST
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  • Wall Street's main indexes edged lower on Monday as investors awaited fresh economic data and comments from Federal Reserve officials throughout the week for more clarity on monetary policy.

    17 Jun, 2024, 09.01 PM IST
  • To counter soft domestic demand and a years-long property crisis, China has boosted infrastructure investment and ploughed funds into high-tech manufacturing to bolster the broader economy this year.

    04 Jun, 2024, 09.48 AM IST
  • Going by the action in bonds, the markets are still not giving much credence to the idea of a rate hike. The next week is quite crucial for the financial markets as many major data and reports will be released.

    01 Jun, 2024, 05.04 PM IST
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  • China's manufacturing activity fell in May, with the official factory survey showing a decline. Calls for fresh stimulus persist due to the ongoing property crisis impacting businesses, consumers, and investors.

    31 May, 2024, 07.38 AM IST
  • April's preliminary US economic data shows unexpected strength in durable goods orders, rising 0.70% against a predicted -0.80% decline. Even excluding transportation, the sector grew 0.4%, surpassing the 0.20% forecast. Consumer sentiment, measured...

    25 May, 2024, 05.54 PM IST
  • The HCOB Flash Eurozone purchasing managers' index (PMI) published by S&P Global recorded a figure of 52.3, up from 51.7 in April and the highest in 12 months. Any reading above 50 indicates growth, while a figure below 50 shows contraction.

    23 May, 2024, 11.33 PM IST
  • Spot gold rose on Friday despite US inflation data, anticipating rate cuts amid a weakening US economy. US CPI and PPI Final demand were below forecasts. US Fed Chair Powell remains optimistic about inflation. US Philadelphia Fed business outlook wa...

    19 May, 2024, 09.00 AM IST
  • The official purchasing managers' index (PMI) dropped to 50.4 in April from 50.8 in March, above the 50-mark separating growth from contraction, and beat a median forecast of 50.3 slightly in a Reuters poll.

    30 Apr, 2024, 09.29 AM IST
  • China stocks jumped on Monday, logging their biggest daily gain in a month, after the latest manufacturing activity data signalled that the economy's recovery is gaining traction, while the Hong Kong market was closed for a holiday.

    01 Apr, 2024, 01.09 PM IST
  • China's manufacturing activity saw growth after six months in March, as per the official purchasing managers' index, rising to 50.8 from 49.1 in February. The non-manufacturing PMI also increased to 53 from 51.4, while the composite PMI stood at 52....

    31 Mar, 2024, 07.27 AM IST
  • Exports in January-February grew 7.1% from a year earlier, according to customs data released on Thursday, up from a 2.3% rise in December. Imports rose 3.5%, compared to 0.2% growth in December. The trade surplus was $125 billion.

    07 Mar, 2024, 11.45 PM IST
  • The dollar held broadly steady on Thursday as traders awaited a slew of business activity surveys to gauge the health of major economies and what that may mean for the global interest rate outlook.

    22 Feb, 2024, 07.58 AM IST
  • The flash Purchase Managers' index (PMI) jointly launched by HSBC and Standard and Poor's indicates that consumer price inflation is expected to rise moderately in the coming months. According to the data, service providers have not passed on input ...

    24 Jan, 2024, 05.48 PM IST
  • Investors will be watching out for data that could shape the U.S. Fed's interest rate trajectory - starting with flash PMI report due later in the day, fourth-quarter advance GDP estimates on Thursday and personal consumption expenditures data on Fr...

    24 Jan, 2024, 07.56 AM IST