Australian February services and composite PMIs from S&P Global Services PMI 50.8 preliminary was 51.4 prior 51.2 Composite 50.6 preliminary was 51.2 prior 51.1 Earlier...
Official February 2025 PMIs from China’s National Bureau of Statistics (NBS) Manufacturing 50.2, beating the median consensus estimate and back into expansion (I posted a...
Disinflationary process was well on track. Inflation was still expected to remain above target in the near term. Confidence in a timely and sutained convergence...
Prior was 52.9 Manufacturing 51.6 vs 51.5 expected Prior manufacturing was 51.2 Composite PMI 50.4 vs 52.7 prior “New order growth also weakened sharply and...
Japan’s manufacturing sector showed signs of steady recovery in February, with sentiment improving for the second straight month, according to the latest Reuters Tankan survey....
Services and Core inflation are concerns. Rate cuts can’t replace economic strategy. March rate decision to depend on data. Harder to cut rates as we...