🇺🇸 US Flash PMI falls to 6-month low of 54.3⬇️, from 55.5 - Feb. Factory slowdown again apparent here, with goods p… https://t.co/EnAn8fX8hx
Week Ahead APAC Economic Preview: Week of 7 January 2019
US-China trade talks dominate the calendar in the coming week, brought into focus with the latest trade figures from both US and China. Fourth quarter GDP for China will also be eyed for any trade war impact. Release of December Sector PMI surveys will provide further nuances into global business activity for key industries.
Other data highlights for Asia include Taiwan's trade numbers and South Korea's unemployment data. Analysts will monitor the first ECB policy meeting in 2019 after the Bank's decision in December to end its bond-buying programme. Elsewhere, GDP data for the UK and US trade statistics will be keenly watched.
Our special focus this week looks at the impact of the new Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which came into force on 30th December 2018.
Download the article for a full diary of key economic releases.
Contact for further APAC commentary: Rajiv Biswas or Bernard Aw
Contact for European and US PMI commentary: Chris Williamson
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Purchasing Managers' Index™ (PMI™) data are compiled by IHS Markit for more than 40 economies worldwide. The monthly data are derived from surveys of senior executives at private sector companies, and are available only via subscription. The PMI dataset features a headline number, which indicates the overall health of an economy, and sub-indices, which provide insights into other key economic drivers such as GDP, inflation, exports, capacity utilization, employment and inventories. The PMI data are used by financial and corporate professionals to better understand where economies and markets are headed, and to uncover opportunities.
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🇪🇺 Eurozone Flash PMI falls to 51.3 (51.9 - Feb), with manufacturing sector the primary drag - data pointing to ste… https://t.co/0tb8cJHg6T
🇩🇪 Flash Germany PMI falls to near 6-yr low in March, down to 51.5 (52.8 - Feb). Service sector growth remains some… https://t.co/fkIQeLBBqW