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Manufacturing PMI confirm FX status quo

by Ashraf Laidi
Nov 20, 2014 17:39

Today's flurry of manufacturing and services surveys from the US, China and Eurozone confirmed what the market had suspected; a cooling off in the pace of expansion in US manufacturing, despite remaining the highest rate in the G7 --, while both Germany and China eked out an expansion, albeit at a slower pace, as did the pan-Eurozone measure of both sectors. France remained in contraction territory. Full charts and analysis.

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Manufacturing PMI confirm FX status quo - Pmi Vs Ism Nov 20 (Chart 1)

Act Exp Prev GMT
Markit US Manufacturing PMI (NOV) [P]
54.7 56.3 55.9 Nov 20 14:45
PMI (NOV) [P]
50.0 50.3 50.4 Nov 20 1:45
Eurozone Markit PMI Manufacturing (NOV) [P]
50.4 50.8 50.6 Nov 20 9:00
Eurozone Markit Services PMI (NOV) [P]
51.3 52.4 52.3 Nov 20 9:00
Eurozone Markit PMI Composite (NOV) [P]
51.4 52.3 52.1 Nov 20 9:00
France Markit PMI Manufacturing (NOV) [P]
47.6 48.8 48.5 Nov 20 8:00
France Markit Services PMI (NOV) [P]
48.8 48.5 48.3 Nov 20 8:00
Germany Flash PMI Manufacturing
50.0 51.5 51.4 Nov 20 8:30
 
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