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China's March Non-Manufacturing PMI Drops To 54.5
Thursday, April 3, 2014 - 6:22am | 53China's official non-manufacturing PMI tumbled to 54.5 in March, versus a reading of 55.0 in February, the China Federation of Logistics and Purchasing reported. China's subindex for services fell to 52.8 versus 53.8, while the construction subindex climbed to 61.3 versus 59.9. On Tuesday, the...
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China Non-Manufacturing PMI Surges In September
Thursday, October 3, 2013 - 4:47am | 47China's official non-manufacturing PMI climbed to 55.4 in September, versus 53.9 in August, according to China Federation of Logistics and Purchasing. China's new orders sub-index rose to 53.4 in September, versus 50.9 in August, while the business expectations sub-index declined to 60.1 versus 62...
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Benzinga Market Primer: Monday, August 5: Futures Flat On Relaxed China Fears, Emerging Market Rebound
Monday, August 5, 2013 - 6:30am | 1023Futures Flat On Relaxed China Fears, Emerging Market Rebound U.S. equity futures were flat in early pre-market trade as services data out of China showed that the economy continued to chug along at low levels in July. Also, easing fears over imminent Federal Reserve tapering led to rebounds in...
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Benzinga Market Primer: Wednesday, July 3: Half Day of Trading
Wednesday, July 3, 2013 - 6:29am | 933Futures Drop Into Shortened Trading Day On Weak Services PMIs, Geopolitical Fears U.S. equity futures declined in early pre-market trade ahead of the shortened trading day on weaker than expected services PMIs around the globe. Weak data from China to the eurozone weighed on sentiment overnight....
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Benzinga Market Primer: Thursday, May 2
Thursday, May 2, 2013 - 6:53am | 1093Futures Higher On Central Banks U.S. equity futures rose slightly in early pre-market trade following the FOMC saying that it is prepared to increase or decrease asset purchases depending on the state of the economy. Today, the European Central Bank is set to release its interest rate decision and...
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Benzinga Market Primer: Wednesday, April 3
Wednesday, April 3, 2013 - 6:33am | 874Futures Higher On Strong Chinese Services Data U.S. equity futures rallied in early pre-market trade following stronger than expected data on China's services sector. The official Non-Manufacturing PMI in China rose to 55.6 in March from 54.5 in February and the HSBC China Non-Manufacturing PMI...
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Chinese PMI Weakness in February Not An Immediate Cause for Concern
Monday, March 4, 2013 - 7:42am | 360Over the weekend, the Chinese government released the official non-manufacturing PMI which missed estimates sending risk assets across Asia lower. The weak services PMI followed the weaker than expected manufacturing PMI last week, spooking investors that the global economic recovery could be in...
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Benzinga Market Primer: Monday, March 4
Monday, March 4, 2013 - 7:15am | 959Futures Lower on Weak Chinese Data, Italy Fears U.S. equity futures fell in early pre-market trade Monday following weaker than expected data from China and also on continued fears surrounding the state of Italian politics. New data showed that China's services sector grew faster than expected in...
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Benzinga Market Primer: Monday, February 4
Monday, February 4, 2013 - 7:20am | 704Futures Flat on Global Fears U.S. equity futures were flat in pre-market trading Monday on global fears as eurozone risks crept higher. Peripheral bond yields rose overnight as former Italian Prime Minister Silvio Berlusconi wants to undo austerity measures just two weeks before elections and also...
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Benzinga Market Primer, Thursday, January 3
Thursday, January 3, 2013 - 7:54am | 837Futures Slip as Markets Retrace Gains U.S. equity futures fell slightly in overnight trade following large gains on Wall Street Wednesday as Washington was able to agree a deal to avert the Fiscal Cliff in the short term. U.S. stock markets had, by some accounts, the best first trading day of the...
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China Non-Manufacturing PMI Rises To 56.1 In December
Thursday, January 3, 2013 - 5:27am | 19China's official non-manufacturing PMI surged to 56.1 in December, versus 55.6 in November, according to China Federation of Logistics and Purchasing.
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Global Growth Stagnates in November
Monday, December 3, 2012 - 1:19pm | 493Purchasing Manager's Indices from around the world released over the past few days have pointed to a lack of global growth in November, with improvement in China being offset by weakness in the U.S., partially attributable to Hurricane Sandy, and the perpetual recessionary state of the European...
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China Non-Manufacturing PMI Surges to 56.7 In June
Tuesday, July 3, 2012 - 2:26am | 22China's official non-manufacturing Purchasing Managers Index (PMI) surged to 56.7 in June, versus 55.2 in May. The PMI for the property sector surged to 58.2.