Indian HSBC Composite PMI Flash (Feb) 59.30 (Prev. 58.40, Rev. From 58.4)
The Indian HSBC Composite PMI Flash for February shows an increase to 59.30, up from the previous 58.40, indicating a strengthening in economic activity.
Amazon (AMZN) service was reportedly taken down by AI coding bot, with the Co. Tech giant blaming ‘user error, not AI error’ for the incident in December involving its Kiro tool, according to FT
Japanese PM Takaichi says there is a dearth of domestic investment in Japan and will stop trend of austerity and lack of investment
Indian HSBC Composite PMI Flash (Feb) 59.30 (Prev. 58.40, Rev. From 58.4)
China is monitoring US military aircraft movements over Yellow Sea, according to Global Times
NORAD says it detected and tracked two Tu-95s and two Su-35s and one A-50 operating Alaskan ADIZ on February 19th, while it launched several aircraft to intercept and positively identify, and escort the aircraft until they departed the Alaskan ADIZ
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This rise may suggest sustained expansion in both manufacturing and services sectors, which is positive for growth outlook and could influence market sentiment towards equities and INR.
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