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Chinese Manufacturing Slumps Further In June; Liquidity Crunch Hurts Small Businesses
Monday, July 1, 2013 - 9:25am | 647China's manufacturing sector showed signs of slowing again in June as two key measures of manufacturing output fell to four- and nine-month lows respectively in the country that accounted for nearly 38 percent of world GDP growth and 21.8 percent of emerging market growth in 2012. Manufacturing...
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Benzinga Market Primer: Monday, July 1
Monday, July 1, 2013 - 6:34am | 1076Futures Rise Despite Weak China Data U.S. equity futures rose in early pre-market trade despite weak manufacturing data out of China. The official manufacturing PMI fell to a four-month low of 50.1 in June from 50.8 in May, in line with expectations. However, the HSBC manufacturing PMI, which...
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Global Manufacturing PMIs Rise in May, U.S. Reports in Focus
Monday, June 3, 2013 - 8:34am | 537Global Manufacturing PMIs showed an improved economy in May as compared to April. Reports from China to the U.K. over the weekend and early Monday pointed to a rebound in Chinese manufacturing, slower contraction in the eurozone, and growth in the U.K. Chinese Manufacturing On Saturday, June 1,...
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Benzinga Market Primer: Wednesday, May 1
Wednesday, May 1, 2013 - 6:37am | 1110Futures Higher Ahead of Key Economic Data, Earnings U.S. equity futures rose in early pre-market trade ahead of key earnings and economic data. The FOMC rate decision and policy statement is due out later today as well as the ISM Manufacturing Index and earnings from many key companies. Top News...
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Chinese Manufacturing Underperforms in March; Raises Fears of Another Summer Swoon
Monday, April 1, 2013 - 9:14am | 551Two broad measures of Chinese manufacturing pointed to weakness in March following declines in February. The manufacturing weakness raises fears of the global economy once again experiencing a summer slowdown as it has in the previous three years. First, the official Chinese Manufacturing PMI was...
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Global Manufacturing PMIs Bounce In January
Friday, February 1, 2013 - 8:32am | 437Manufacturing PMIs around the world bounced higher in January as the outlook for the global economy continued to improve. Manufacturing data from China to England showed improvement in the global manufacturing sector in the month, a positive sign for the global economy. In China, the official...
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Benzinga Market Primer: Friday, February 1: Non-Farm Payrolls Edition
Friday, February 1, 2013 - 7:27am | 861Futures Rise Ahead of Non-Farm Payrolls, Manufacturing Data U.S. equity futures rose strongly in the pre-market ahead of the much awaited Non-Farm Payrolls report. Also, positive macroeconomic signs were seen in the form of stronger than expected manufacturing PMI's in China and the Eurozone...
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Benzinga Market Primer, Monday, December 31: New Year's Eve Edition
Monday, December 31, 2012 - 8:07am | 797Futures Indicate Lower Open on Imminent Cliff U.S. equity futures were higher but the Futures-Fair Value was lower, indicating a lower open for Wall Street Monday. Late Friday, futures crashed as investors feared that politicians were heading into the weekend neither with a deal nor a framework...
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Benzinga Market Primer, Friday, December 14
Friday, December 14, 2012 - 7:46am | 728Futures Rise on Chinese Manufacturing Data U.S. equity futures rose in pre-market trade following strong manufacturing data out of China overnight. The preliminary HSBC China Manufacturing PMI for December rose to 50.9 from the final November reading of 50.5, showing a continued improvement in...
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Chinese Data Signals Continued Bottom
Monday, December 10, 2012 - 6:56am | 653New data released out of China Sunday pointed to a protracted bottoming of the world's fastest growing and second largest economy. Following recent manufacturing and service data, data released this weekend shows that the economy may not be improving as rapidly as hoped but has not deteriorated...
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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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Benzinga Market Primer, Thursday September 20
Thursday, September 20, 2012 - 7:58am | 854U.S. equity futures slipped in early Thursday trading as global growth fears once again dominated markets. Despite massive amounts of new central bank liquidity, investors remain skeptical that the global economy can rebound to post-financial crisis levels. HSBC released their Chinese Manufacturing...
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Chinese Manufacturing Data May Signal Bottom in Economy
Wednesday, August 1, 2012 - 10:58am | 420Chinese manufacturing data worsened marginally in July. The National Bureau of Statistics in China reported that the official Manufacturing PMI fell in July to 50.1 from 50.2 in June. Some see this report as a glimpse of hope for the nation. Specifically, this data could signal that the slowdown in...
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HSBC China Manufacturing PMI Rises In July
Tuesday, July 24, 2012 - 5:02am | 33China's manufacturing activity improved in July, according to a preliminary survey released by HSBC. The China Purchasing Managers' Index climbed to 49.5, up from HSBC's final PMI reading of 48.2 in the month of June.