Flash Purchasing Managers Index (PMI) figures in the euro zone, the UK and the United States take centre stage on Thursday, and investors will be on the lookout for whether the global growth narrative is showing signs of change. Strategists at S&P Global Market Intelligence noted that after the composite PMI in the United States came in below its euro zone and UK counterparts last month, May's flash PMI numbers will be eagerly awaited to "gauge whether global growth momentum has shifted" from the U.S. to Europe. Part of that shift could get some momentum on expectations that the Bank of England (BoE) and the European Central Bank(ECB) are likely to cut rates next month, while an easing cycle in the United States is meanwhile still some time away.
The first batch of China s
1-trillion-yuan ultra-long special treasury
bonds, which debuted on Wednesday, surged 25% in the early
session on the Shanghai stock exchange, triggering. -May 21, 2024 at 10:58 pm EDT
- MarketScreener
India s mid-tier IT firms gain share from industry goliaths marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
The first batch of China s 1-trillion-yuan ultra-long special treasury bonds, which debuted on Wednesday, surged more than 20% on the Shanghai and Shenzhen stock exchanges, triggering trading. -May 22, 2024 at 03:07 am EDT
- MarketScreener
India s Mid-Tier IT Firms Gain Share From Industry Goliaths usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.