Skip to comments.LIVE: Thousands Of Companies Around The World Reveal The Truth About The Economy
Posted on 01/31/2013 7:55:25 PM PST by blam
LIVE: Thousands Of Companies Around The World Reveal The Truth About The Economy
January 31, 2013
The world's biggest economies are releasing their January manufacturing PMI reports. This is our live scorecard.
Once again, the world will want to see if the emerging Asian economies are continuing the improvement they saw in their recent PMI reports.
And they'll also want to see if Europe's manufacturing downturn is slowing.
People will also want to know what's up with Japan. A political dispute with China has been a serious problem for exports. Meanwhile, new leadership has been explicit about their intentions to do everything to stimulate the economy.
The party kicks off at 7:00 PM ET with South Korea. The comes China's official PMI report at 8:00 PM ET and its unofficial HSBC PMI report at 8:45 PM ET. Consensus is calling for acceleration in both numbers. ... At the beginning of each month, Markit, HSBC, RBC, JP Morgan and several other major data gathering institutions publish the latest local readings of the manufacturing purchasing managers index (PMI) for countries around the world.
Each reading is based on surveys of hundreds of companies. Read more about it at Markit.
These are not the most closely followed data points. However, the power of the insights is unparalleled. Jim O'Neill, Chairman of Goldman Sachs Asset Management, believes the PMI numbers are among the most reliable economic indicators in the world. BlackRock's Russ Koesterich thinks it's one of the most underrated indicators.
(click to the site to see the continuous up dates)
(Excerpt) Read more at businessinsider.com ...
Interesting info at the link.
Updates coming in.
* 7:00 PM South Korea: HSBC Manufacturing PMI 49.9, down from 50.1 in Dec.
* 7:30 PM Austalia: AIG Manufacturing PMI 40.2, down from 44.3
* 8:00 PM China: NBS Official PMI 50.4, down from 50.6
* 8:00 PM Netherlands: NEVI Manufacturing PMI 50.2, up from 49.6
* 8:45 PM China: HSBC Manufacturing PMI 52.3, up from 51.5
* 9:00 PM Taiwan: HSBC Manufacturing PMI 51.5, up from 50.6
* 9:00 PM Vietnam: HSBC Manufacturing PMI 50.1, up from 49.3
* 10:00 PM Indonesia: HSBC Manufacturing PMI 49.7, down from 50.7
* 12:00 AM India: HSBC Manufacturing PMI
* 12:00 AM Russia: HSBC Manufacturing PMI
* 2:00 AM Ireland: NCB Manufacturing PMI
* 3:00 AM Turkey: HSBC Manufacturing PMI
* 3:15 AM Spain: Markit Manufacturing PMI
* 3:45 AM Italy: Markit/ADACI Manufacturing PMI
* 3:50 AM France: Markit Manufacturing PMI
* 3:55 AM Germany: Markit/BME Manufacturing PMI
* 4:00 AM Eurozone Manufacturing PMI
* 4:00 AM Greece: Markit Manufacturing PMI
* 4:30 AM UK: Markit / CIPS Manufacturing PMI
* 5:00 AM Australia: AiG Manufacturing PMI
* 7:00 AM Brazil: HSBC Manufacturing PMI
* 9:00 AM US: Markit Manufacturing PMI
* 9:30 AM Canada: RBC Manufacturing PMI
* 10:30 AM Mexico: HSBC Manufacturing PMI
* 11:00 PM Global: JPMorgan Manufacturing PMI
Pilin’ it up...So?