PMI (Page 2)

Japan’s manufacturing PMI revised downward to 50.0 in June than initially thought

manassanant pamai The au Jibun Bank Japan Manufacturing PMI was revised lower to 50.0 in June 2024 from a preliminary reading of 50.1 and after a final 50.4 in May, marking the 2nd straight month of expansion in the manufacturing sector supported by sustained job creation, the clearing of backlogs,Continue Reading

Gold plunges as U.S. services PMI hits best level in more than two years (NYSEARCA:GLD)

monsitj/iStock via Getty Images Gold prices sank Friday after data showing surprising strength in U.S. business activity boosted the dollar and bond yields, wiping out gold’s gains made during the rest of the week. The S&P Global U.S. Composite Purchasing Managers Index, which gauges activity in the manufacturing and servicesContinue Reading