PMI

Chinese stocks got a boost overnight on news that could have a broader reach through the tech sector. Alibaba announced its plans to transform into a holding company, splitting its units into six, independently-run entities. Each one of…
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Traders are likely to be very interested in the upcoming flash PMIs from around the world because it's the first data since the outbreak of the banking chaos. A lot has been happening to the markets to push around sentiment, with currencies…
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The strong PMI data from China on Wednesday gave markets a substantial push as investors took on more risk. But there were two key data points that changed the narrative outside of China. The first was the release of German CPI, which came…
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Tomorrow we get the release of PMIs from major economies around the world. With preliminary figures already reported last week for Europe, US and the UK, focus is likely to be more on China. PMIs provide an advanced look at how the economy…
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Recently, natural gas trading in The Netherlands fell to the lowest price in a year. That's still above the average, since natural gas prices had been rising as tensions between Russia and Ukraine were brewing before the start of the war.…
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With lingering questions on how much of an impact China's reopening will have on the global economy, there's likely to be increased focus on leading economic indicators from the country. Foremost among them are PMIs, since they are the…
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At the conclusion of the latest WEF meeting in Davos, many of the leaders there were optimistic that the world would avoid a recession. Or, at least, if there was a recession, it would be short and shallow. A substantial portion of that…
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After the cycle of major central banks this week, probably the last major data of the year is tomorrow's release of preliminary PMI figures. Because of the holidays at the end of the month, many data points have been brought forward by a…
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Analysts are coalescing around the idea that the BOC will hike by a quarter percentage point (or "one hike" as it used to be) at the next meeting. But given the connection between Canada and the US in economic terms, some traders might be…
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Risk appetite got a bit of a boost overnight despite disappointing Chinese NBS PMI figures. Health authorities in the world's second largest economy promised to revise the way in which zero-covid policies would be enacted, and touted…
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