Gold ticks up on weaker dollar, Mideast de-escalation hopes growGold prices surged to a near two-week high on Wednesday. A weaker US dollar and hopes for a de-escalation in the Iran conflict boosted the ...
Rupee prone to fall past record low, rate outlook key for bond yieldsThe Indian rupee is nearing its record low, with the central bank's intervention crucial to prevent a further slide. Bond traders also anti...
India's factory growth accelerates in October, PMI showsIndia's manufacturing sector saw significant growth in October after three months of slowdown. Improved demand boosted job creation and a p...
UK business growth at 11-month low ahead of budget, PMI showsBritish businesses see their slowest growth in 11 months as hiring contracts for the first time this year, influenced by uncertainty ahead ...
Gold delivers a weekly positive close on Fed pivot anticipationGold buyers are looking at the possibility of the Federal Reserve pivoting next year, which is keeping the metal bid. Markets anticipate th...
Global factory output weakens on widespread slowdown, India an outlierThe Institute for Supply Management (ISM) said on Tuesday that its manufacturing PMI fell to 50.2 in October from 50.9 in September.
Asian factories shake off supply headaches but Omicron presents new risksThe findings from the private-sector survey, which focuses more on small firms in coastal regions, stood in contrast with those in China's ...
Saudi non-oil private sector output highest in nearly four years: PMI"October PMI data showed the non-oil sector recovering at a rapid pace. Growth in output was the strongest seen for nearly four years, driv...
Dubai's non-oil private sector slows down in October: PMIThe seasonally adjusted IHS Markit Dubai Purchasing Managers' Index (PMI) declined to 49.9 in October from 51.5 in September, edging below ...
Services activity slows again in October, PMI at 49.2Although the IHS Markit Services Purchasing Managers' Index rose to 49.2 last month from 48.7 in September, it remained below the 50-mark t...
Sensex logs first drop in 8 days; midcap, smallcap stocks plungeIndia's service activity slowed again with October PMI coming in at 49.2.
October manufacturing activity at two-year low, PMI at 50.6The slower growth of the manufacturing sector for the month of October comes on the back of core sector growth registering a contraction of...
November PMI data shows strong increase in biz activity, augurs well for growth: Subhash Chandra GargThe Nikkei India Composite PMI Output Index -- that maps both the manufacturing and services sector -- rose to 54.5 in November, pointing t...
October services PMI at four-month highThis is the second month of expansion in services activity — a reading in excess of 50 on the survey-based index reflects growth. The surve...
Modest expansion in manufacturing PMI in October: HSBCNew business also increased for the twelfth month in a row in October, largely owing to the general improvements in demand situation.
Manufacturing slump continues in October, PMI remains unchanged from SeptemberThe index was unchanged from 49.6 in September, remaining below the 50-point mark that separates growth from contraction since August.
- Industrial growth seen back on track, PMI rises to 57.2 in October
PMI is a survey-based compilation of manufacturing sentiment, and is considered a good indicator of factory output.