United States ISM Services PMI
The Institute for Supply Management (ISM) Services PMI for the United States rose unexpectedly to 56 in October 2024, marking its highest level since August 2022. This increase, up from 54.9 in September and surpassing the forecast of 53.8, points...
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Reserve Bank of Australia Holds Interest Rates Steady in November 2024
In November 2024, the Reserve Bank of Australia (RBA) opted to keep its cash rate steady at 4.35%, marking the eighth consecutive meeting without a change and aligning with market expectations. This decision underscores the RBA’s cautious approach amid mixed...
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China’s Services Sector Rebounds in October 2024
China’s Caixin Services Purchasing Managers’ Index (PMI) rose to 52.0 in October 2024, up from 50.3 in September and exceeding market forecasts of 50.5. This increase reflects renewed momentum in the service sector, bolstered by new support measures from Beijing...
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Euro Area Manufacturing PMI
The HCOB Eurozone Manufacturing Purchasing Managers’ Index (PMI) has been slightly revised up to 46 for October 2024, compared to an initial reading of 45.9 and an increase from 45 in September. While the PMI remains below the neutral 50...
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Germany Manufacturing PMI
Germany’s manufacturing sector exhibited a slight improvement in October 2024, with the HCOB Manufacturing Purchasing Managers’ Index (PMI) being revised up to 43, from a preliminary reading of 42.6. This marks a notable increase from the 12-month low of 40.6...
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