Grabancijaš · @Grabancijas
2 followers · 186 posts · Server masto.ai#economy
S&P Global #Eurozone #PMIs for February are bit lower than initial estimates but well above contraction zone for a second month in a row suggesting that the #monetaryunion could avoid #recession.
Solid data, including for future #output, strengthens expectations of further #ECB's hikes that could cool the activity in second half of the year.
#economy #eurozone #pmis #monetaryunion #recession #output #ecb
Grabancijaš · @Grabancijas
2 followers · 144 posts · Server masto.ai#snapshot #inflation #economy #monetarypolicy #SPGlobal
Exit of #USA #PMIs from contraction zone knocked the #WallStreet, erased all gains since beginning of the year.
#snapshot #inflation #economy #monetarypolicy #spglobal #usa #pmis #wallstreet
Grabancijaš · @Grabancijas
2 followers · 140 posts · Server masto.aiFlash #PMIs (S&P Global) for #eurozone are bright as early #primroses, #services are especially #cheerful and much better than expectations.
Situation in #industry is bit murkier.
Either way, results are strengthening prospects that #recession can, and will be avoided.
#business #sentiment #economy #pmis #eurozone #primroses #services #cheerful #industry #recession
acemaxx · @acemaxxanalytics
102 followers · 461 posts · Server econtwitter.net
Jan #eurozone composite #PMIs unexpectedly entered expansionary territory for the 1st time since last summer, combined with easing #inflationary pressures has led to a +20% #equity rally, from late last year’s lows, chart @JPMorganAM
#eurozone #pmis #inflationary #equity