PMI – Page 2 – Market-Tracker

The manufacturing PMI for India improved to 58.6 in August, the highest level since May, while employment growth slowed.

According to the S&P Global monthly survey, India’s manufacturing sector experienced its quickest rise in three months in August, powered by a significant increase in new orders and output. The manufacturing sector’s health improved by the second-best amount in nearly three years in August, according to the seasonally adjusted S&P Global India Manufacturing Purchasing Managers’…

Dollar increases for six weeks while the rupee’s short-term trend strengthens; traders focus on India’s manufacturing and GDP data.

guna@fastura.com11 months ago04 mins

In response to statements of intervention by the central bank and inflows of foreign capital, the rupee defied a four-week downturn by rising by more than half a percentage point. However, in light of rising food prices and unequal rainfall distribution that call for vigilant monitoring, the RBI’s minutes sounded hawkish. While local benchmark indices…

A new report raises concerns about China’s economic recovery as copper prices decline

Mahalakshmi@fastura.com12 months ago03 mins

As the dollar became stronger and fresh information heightened worries about China’s economic recovery, copper yesterday saw a 1.1% decline to settle at 729.35, threatening the outlook for base metal demand. While year-to-date copper imports fell by 10.7% to represent a steep decline in demand for industrial inputs, both Chinese imports and exports decreased more…

Gains in aluminium supported by expectations of Chinese stimulus

Mahalakshmi@fastura.com1 year ago03 mins

Aluminium yesterday increased by 0.73% to close at 205.65, buoyed by expectations that China will provide stimulus to bolster economic development and restore its struggling real estate market. Following a report by state-owned media, investors also anticipated China will significantly reduce banks’ reserve ratios and interest rates in the second half of this year to…

Manufacturing PMI increases to 56.4 in March as supply chain concerns ease.

guna@fastura.com1 year ago02 mins

The Purchasing Managers’ Index (PMI) for manufacturing increased to 56.4 in March from 55.3 in February, indicating that the manufacturing sector concluded fiscal 2022–23 at its peak. Unfortunately, little progress was made on the job front, per the S&P Global monthly survey, which was released on Monday. Pollyanna De Lima, Economics Associate Director, S&P Global…

Oil prices increase as China’s manufacturing outlook improves

Mahalakshmi@fastura.com1 year ago03 mins

On Wednesday, oil prices increased for a second day as expectations for global fuel consumption were raised by news of rising manufacturing activity in China, the largest consumer of crude. May Brent crude oil was up 24 cents, or 0.3%, to 83.69 per barrel. The April contract reached its expiration on Tuesday at $83.89, up…

Oil rises on limited supplies and optimistic demand revival in China

Mahalakshmi@fastura.com2 years ago02 mins

Early Asian trade on Thursday saw a sharp increase in oil prices, driven by signals of tighter supply and hope for a resurgence in Chinese demand. Brent oil prices were up 5 cents, or 0.06%, to $87.02 per barrel, while U.S. West Texas Intermediate crude futures were up 16 cents, or 0.2%, to $80.71. A…

Tag: PMI

The manufacturing PMI for India improved to 58.6 in August, the highest level since May, while employment growth slowed.

Dollar increases for six weeks while the rupee’s short-term trend strengthens; traders focus on India’s manufacturing and GDP data.

A new report raises concerns about China’s economic recovery as copper prices decline

Gains in aluminium supported by expectations of Chinese stimulus

Manufacturing PMI increases to 56.4 in March as supply chain concerns ease.

Oil prices increase as China’s manufacturing outlook improves

Oil rises on limited supplies and optimistic demand revival in China

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