PMI composed of Markit in the euro zone better than expected

Today the Markit composite PMI data has been published in the euro zone, the 50.6 data is better than expected and finally shows some hopeful data in the euro zone.

The Markit Composite PMI is a monthly summary report on changes in the working conditions of private companies in the manufacturing and services sectors. The indicator is based on monthly surveys of purchasing managers of approximately 5000 private companies in the 19 countries of the eurozone.

The index is adjusted seasonally. The surveyed companies are assigned individual weights. Readings above 50 indicate that the majority of respondents value current business conditions positively. Readings below 50 denote a worsening of commercial conditions.

European markets in red this Friday -Ibex 35, CAC 40, DAX...- in a frenetic week of central banks, which have Read more

Europe manufacturing PMI shows the deep crisis in old Europe

Europe manufacturing PMI shows the deep crisis in old Europe. Today the data corresponding to Europe manufacturing PMI has been Read more

The commercial activity of the euro zone barely grew in October because demand declined, according to a survey published on Read more

There have been other pandemics apart from COVID-19

There have been other pandemics apart from COVID-19. I am very critical with the management of the current COVID-19 pandemic, Read more

Interventional Europe takes pseudo-fascist measures with the excuse of the coronavirus

Interventional Europe takes pseudo-fascist measures with the excuse of the coronavirus. Interventional Europe, which believes that it is necessary to Read more

The EU restricts "high risk" providers in their 5G networks

The EU decides to control 5G networks providers.   Brussels today asked the EU Member States to restrict or prohibit Read more

US takes advantage of Davos to threaten Europe if the digital rate is approved

US takes advantage of Davos to threaten Europe if the digital rate is approved. The US has taken advantage of Read more

Market' optimism about economic growth is at 20-year highs The discovery of a highly effective coronavirus vaccine, according to preliminary Read more

Stock rally gains steam heading into the close, with the Dow jumping more than 450 points

Stock rally gains steam heading into the close, with the Dow jumping more than 450 points. Wall Street returns to Read more

Leave a Reply