By John Richardson THE overall HSBC flash purchasing managers' index for January, which was released yesterday, was at a two-year high (see the above chart), with the sub-index of production at a 22-month high. This is great news for equity values...
By John Richardson A LOT of stock market excitement, and perhaps a recovery in petrochemicals prices (more next week when everyone is back in action), has greeted the release of China's purchasing managers' indices for December. The official PMI held steady...
By John Richardson CHINA'S manufacturing activity did, at least, stabilise in September after hitting a nine-month low in August, according to the latest preliminary HSBC manufacturing purchasing managers' index (PMI). The PMI improved to 47.8% in September compared with 47.6%...
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