Eurozone Composite PMI

The latest flash PMI estimates covering manufacturing and services sectors released by Markit last week showed that the level of activity hit the lowest in a year. The flash data covers the month of May and underlined the fact that the Eurozone's economic activity continues to slow. Worries about a slowdown in the global economy still remain ...

2018-06-01 John Benjamin Read more
Eurozone_Flash_PMI_3101

Preliminary estimates based on the PMI surveys showed that the Eurozone lost some of its momentum in the first month of the year. The IHS Markit's eurozone flash PMI fell to 54.3 in January, down from 54.4 in December on mixed results from the services and manufacturing surveys. The flash services PMI was at a 3-month low at 53.6 in January whil...

2017-01-31 John Benjamin Read more
Kuroda BoJ

Image via World Economic Forum Will investors cheer or boo the BoJ's policy decisions this week? Fed rate hike is down to the wire RBNZ remains overshadowed by BoJ and Fed The Japanese yen managed to come out with some gains last week, only next to the US dollar. Despite a soft start to the week with weaker than expected economic...

2016-09-19 John Benjamin Read more
EU Brexit

Image via © European Union 2016 - European Parliament The markets opened on a quiet note, but the Sterling took the lead as the UK referendum campaign got underway. Early opinion polls showed that the 'Remain' camp gained a lead which sent the sterling higher on the news. In Japan, data from the ministry of finance showed that the economy poste...

2016-06-24 John Benjamin Read more