Copper, US PMIs, Rate Hike Bets, China GDP, Lockdowns, Technical Outlook – Talking PointsThe red metal is on the move lower for the second day despite upbeat China GDP dataA contraction in US...
US PMI KEY POINTS:Flash U.S. Composite output index falls to 47.3 in October from 49.5 in SeptemberServices PMI slumps to 46.6 from 49.3, versus 49.2 expectedManufacturing activity sinks into contractionary territory, sliding to...
UK PMI, GBP AnalysisFlash UK PMI Composite Output Index at 47.2 vs. 49.1 in Sep - 21-month low.Flash UK Manufacturing PMI at 45.8 vs Sep 48.4 - 29-month low.Manufacturing output decline eased to...
Prior 50.0Manufacturing PMI 45.8 vs 48.0 expectedPrior 48.4Composite PMI 47.2 vs 48.1 expectedPrior 49.1The economic downturn in the UK continues to intensify with the services sector recording its sharpest decline in activity since...
Eurozone PMI Key Points:Eurozone S&P Global Manufacturing PMI Flash (OCT) 46.6 vs September 48.4. 29-month low.Eurozone S&P Global Services PMI Flash (OCT) 48.2 vs September 48.8. 20-month low.Business Activity Down for Four Consecutive...
